News about trial

The regularisation plan, outlined by Perak Corp in February last year, consist of a capital reduction, a joint development project, RM89.

Demand in the industrial sector is expected to rise in higher-value industries such as electrical and electronics, semiconductors, data centres and technology-related manufacturing, according to CBRE | WTW’s Malaysia Real Estate Market Outlook 2026 report.

The land was valued at RM25 million by Raine & Horne International Zaki + Partners Sdn Bhd on Nov 19, and was originally bought for RM16.

The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.

The scope of works includes earthworks, soil treatment and ancillary site preparation activities for the new industrial project in Ijok.

The property comprises about 72,356 sq ft of land, with an additional 23,357 sq ft of extra land, and a gross floor area of about 33,350 sq ft.

Ann Joo said developing its land into an industrial park makes it more attractive and valuable than selling it directly.

The project includes 22 units of 1.

The IOI Properties industrial development marks a major expansion into sustainable, power-ready industrial real estate as Selangor prepares for 2026 growth.

PGB plans to allocate the proceeds toward disposal-related expenses, partial repayment of bank borrowings and working capital.