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NCT said the MOU with SMARTSEL will focus on the integration of 4G and 5G networks to drive telecommunications and digital operations at the NSIP, while bolstering the connectivity infrastructure within Selangor.

Pekan Sentral is the commercial component of Pekan Nenas Industrial Park, an on-going project developed by Paragon Bizhub — the wholly owned subsidiary of Paragon Globe.

The commitment signals “confidence and support from investors in our infrastructure initiatives aimed at enhancing connectivity and livability within our developments,” the company said in its annual report released on Friday.

The industrial park will be developed in three phases, and feature solar-ready factories and a low-carbon global centre.

The latest acquisition comes shortly after the international freight services provider's announcement in January that it was buying 5.

According to media reports, Penang Chief Minister Chow Kon Yeow said a pre-qualification request for the RFP was advertised from Feb 8 and the tender will continue to be advertised in mainstream media and PDC’s website for six weeks until March 21.

The landowner Premier Land Resources Sdn Bhd has also granted the option to a Mah Sing subsidiary to purchase an additional approximately 376.

“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.

Sunsuria executive chairman Tan Sri Ter Leong Yap said: “Sunsuria, in collaboration with Fuzhou (Gulou district) to build the Asean Digital Trade Industrial Park in Fuzhou, welcomes outstanding talents and digital companies from China and Malaysia to join us and promote the developments of the digital economy in China and Malaysia.

The development comprises 24 units of smart medium industrial factories with an estimated gross development value (GDV) of RM42 million, said PJBumi in a filing with Bursa Malaysia on Wednesday.