Taiwan’s Wistron Corp to buy Western Digital PJ factory

KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya.

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DONE DEAL: Condominium unit, Ameera Residences, PJ, Selangor

Sold for: RM800,000 (RM620 psf) Concluded by: Swiss Tan (PEA 2710) (013-228 8881) of IQI Realty Sdn Bhd When: July 2020 Noteworthy: ● Freehold ● Built-up: 1,289 sq ft ● 3 bedrooms; 2 bathrooms ● Low floor bare unit ● Facilities: swimming pool, gymnasium, multipurpose hall, children’s playground, designer landscaped walkways and 24 hours security ● Walking distance to schools and institutions, restaurants, corporate offices and shopping malls Read also DONE DEAL: Penthouse unit, Bayu Angkasa, Bukit Bandaraya, KL DONE DEAL: Hampshire Park Condominium unit, Kuala Lumpur Developed by SDB Properties, Ameera Residences was completed in 2010.

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Non-financial corporate debt servicing capacity still above prudent level in 1H20

KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).

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