News about warehouse

FM Global said its board believes that the profit guarantee is reasonable, after taking into account historical aggregate net profit after tax of CAC for FYE 2021, FYE 2022, and the seven-month financial period ended July 31, 2023 of about S$1.

PTTS said its wholly owned subsidiary PTT Development Sdn Bhd has signed a lease agreement for the leasing of a warehouse with third-party logistic player Longterm Distribution Sdn Bhd.

The demand for warehouse space remains high, with manufacturers being the main drivers as they expand their logistics space.

“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).

DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka The warehouse is located strategically at the industrial area of Jalan Bangi in Semenyih, Selangor.

Read also DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor DONE DEAL: Double-storey terraced factory at Hicom Glenmarie Industrial Park, Shah Alam, Selangor With easy accessibility to major highways like Kemuning Shah Alam Highway (LKSA), Federal Highway, Shah Alam Expressway (KESAS), North-South Expressway Central Link (ELITE) and New Klang Valley Expressway (NKVE), Seksyen 22 in Shah Alam has attracted many business owners to set up their warehouses or manufacturing plants here.

Not every player in the real estate sector is struggling to stay afloat.

Read also DONE DEAL: Serviced residence at Seventeen Residences, Petaling Jaya, Selangor DONE DEAL: Condominium at Residensi 22, Mont’Kiara, Kuala Lumpur Bandar Metro Puchong is within easy reach of the main Puchong town centre with a full range of amenities such as hypermarkets and shopping malls, restaurants and entertainment outlets, medical centres and more.

KUALA LUMPUR (Aug 9): The Malaysia Competition Commission (MyCC) has imposed penalties totalling RM1.

KUALA LUMPUR (June 9): Tiong Nam Logistics Holdings Bhd is boosting its logistics warehousing capacity by acquiring the owner of a warehouse within Port of Tanjung Pelepas in Johor for RM30 million.