Axis-REIT acquires Shah Alam industrial complex for RM38m in related party deal
PETALING JAYA (May 14): Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Seksyen 16, Shah Alam, Selangor for RM38.
NCT World signs term sheet for 100-acre land sale at NCT Smart Industrial Park for data centre development
KUALA LUMPUR (May 11): NCT World Sdn Bhd, a wholly-owned subsidiary of NCT Alliance Bhd, has signed a term sheet for the proposed sale of a 100-acre land parcel within NCT Smart Industrial Park (NSIP) in south Selangor to a global data centre operator, in a transaction that underscores Malaysia's growing appeal as a regional hub for digital infrastructure.
Sabah mulls modern rail system to industrial parks, ports to boost economy
KOTA KINABALU (April 23): Sabah is conducting a feasibility study on a modern rail system for the Putatan–Kota Kinabalu Industrial Park route and Sepanggar Port to strengthen Sabah’s logistics network, said Governor Tun Musa Aman.
TSiC unit gets six-month extension to complete Melaka industrial land acquisition
PETALING JAYA (April 17): TSiC Bhd's wholly-owned subsidiary BPE Synergy Engineering Sdn Bhd has secured a further extension to complete its proposed acquisition of two parcels of industrial land in Taman Perindustrian Bukit Rambai, Melaka, for a total cash consideration of RM1.
Industrial expansion, urban evolution, maturing property landscape highlight Batu Kawan’s growth potential
This article appeared in the April 9, 2026 issue of the monthly print edition.
NCT Alliance expands NCT Smart Industrial Park with RM53 mil land subscription
PETALING JAYA (April 1): NCT Alliance Bhd is expanding its flagship NCT Smart Industrial Park (NSIP) in Kuala Langat through a RM53 million subscription that will secure control of 176.
Axis REIT and Ann Joo mutually terminate Penang industrial property acquisition on unsatisfactory due diligence findings
KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.
Beyond the brewery: Heineken’s production shift highlights rising strategic value of PJ industrial land
PETALING JAYA (March 26): When Heineken NV announced last week that its Singapore unit would phase down large-scale brewing in favour of a regional logistics and innovation hub, the headlines focused on export projections and analyst commentary.
Ann Joo’s JV sells industrial plot in Gurun for RM117.8 mil
KUALA LUMPUR (March 12): The joint venture between Ann Joo Resources Bhd (KL:ANNJOO) and Transyear Sdn Bhd has secured a deal to sell a 60.
Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia
This article first appeared in the Industrial Special Report in November 2025.
