The move comes as Batu Kawan continues to attract multinational manufacturers, semiconductor players, logistics providers and data centre operators, driven by Penang’s position as Malaysia’s top electrical and electronic (E&E) investment hub.
In August, E&O inked a deal to sell two adjoining freehold land parcels in Hammersmith—held under its indirect subsidiary Hammersmith Properties Ltd—to Varsity Capital 1 Propco Ltd for up to £90.
PLANMalaysia deputy director general (development) Saidin Lateh said the en-bloc approach practised in Singapore, Hong Kong and parts of Australia allows owners to collectively sell their properties and relocate.
However, Minister Nga Kor Ming said the move is subject to the decision of Prime Minister Datuk Seri Anwar Ibrahim in his capacity as leader of the House.
Outside at the Esplanade, Malaysia’s first outdoor skating rink circles the mall’s 80ft Christmas tree, set against the PETRONAS Twin Towers.
When we think of industrial areas, what comes to mind is often hard, cold, stoic places focused only on the function of production.
In an age where industries shift from manual to digital, production lines today run not just on steel and labour, but more and more on intelligence and data too.
In the highly competitive industrial-real-estate landscape of the Klang Valley, one development stands out for its state-of-the-art design, connectivity, and investor momentum: Eco Business Park (EBP) V by Eco World Development Group Bhd.
Sunsuria stated that it recorded a moderation in revenue for 4Q compared to the same quarter in the preceding year, reflecting the natural project lifecycle following the completion and handover of major developments in the preceding quarter.
In the unanimous decision, Judge Datuk Wong Kian Kheong, who sat with Datuk Azimah Omar who led the bench, along with Datuk Ismail Brahim as the third judge, said the court also agreed that Perbadanan Pengurusan Chogm as the management committee had the locus standi to initiate the counterclaim, which the High Court had allowed.
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