News about industrial

PETALING JAYA (July 22): The industrial property market remained attractive, thanks to the booming e-commerce activities amid the pandemic, said property consultancy firm Knight Frank Malaysia.

KUALA LUMPUR (July 20): Konsortium Transnational Bhd and six other companies linked to the group have succeeded in their lawsuit to get Tan Chong Motor Holdings Bhd to return all buses repossessed from them and to repay a sum of RM22.

PETALING JAYA (July 19) Savills has acquired a strategic interest in the Malaysian supply chain consulting business LCA.

KUALA LUMPUR (April 26): GDEX Bhd aims to be a pure-play last-mile delivery company with regional presence.

KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).

KUALA LUMPUR (March 5): Axis Real Estate Investment Trust (REIT) has acquired a freehold land measuring 20.

KUALA LUMPUR (March 1): Earthworks and civil engineering services specialist Advancecon Holdings Bhd said its 30%-owned Advancecon Sarawak Sdn Bhd had bagged its single-largest contract worth RM153.

KUALA LUMPUR (Feb 26): Anticipating improved market sentiment, Sime Darby Property Bhd (SDP) is eyeing to unveil more industrial properties and quality landed homes that suit current market demand.

KUALA LUMPUR (Jan 31): Mestron Holdings Bhd has issued a clarification to say that it did not obtain approval or a clearance letter from the Ministry of Health (MoH) to purchase or distribute Covid-19 vaccines in Malaysia.

PETALING JAYA (Jan 25): Despite the many challenges faced by the property market in Malaysia arising from factors such as the pandemic and political uncertainty in the nation, the industrial sector will continue to shine in local property market  with regional logistics and warehousing being one of the primary prospects in the long-term, said CBRE I WTW managing director Foo Gee Jen.