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24 Sep 2026 · Investment

Pekat leases 470 acres in Sungai Petani for a solar farm

Pekat Teknologi signed a conditional 24-year lease on 470 acres of oil-palm land in Sungai Petani at RM350 an acre a month for a solar and battery plant. The Kedah lessor, named af…

Pekat GroupTCC PlantationSungai PetaniLand DealsRenewable Energy
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8 Sep 2026 · Investment

BYD cancels its Tanjung Malim plant and will assemble in Malaysia through a local partner — how MITI’s conditions redirected a 600,000 sq m investment

BYD Malaysia MD Jacob Ma confirmed on 10 September that the Tanjung Malim CKD plant “will not proceed” and that BYD is finishing documentation with an “established local assembly p…

BYDSime MotorsInokomKuala Lumpur Kepong (KLK)MITITanjung MalimKulimPerakKedahChinaAutomotiveFactory Expansion / Investment
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29 Aug 2026 · Closure

Formosa Prosonic sells Sungai Petani factory for RM22.1mil, closes the site, moves to Port Klang

Formosa Prosonic is selling its 26-year-old Sungai Petani factory for RM22.1 million and shutting it down entirely as it consolidates into Port Klang. The RM5.3 million earmarked f…

Formosa Prosonic Industries Bhd (FPI)Yetta Steel Industries Sdn BhdSungai PetaniKedahCapital RecyclingLand DealsrelocationFactory Expansion / Investment
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13 Jul 2026 · Company News

Jabil further Expands in Malaysia Roots as It Climbs the Manufacturing Value Chain

Thirty years after opening its first Asian factory in Penang, Jabil now runs six Malaysian facilities employing 14,000 people. Malaysia MD Tan Siew Jin tells The Edge how the group…

Jabil IncBatu KawanBayan LepasKulimSungai PetaniChupingUnited StatesSemiconductorsFactory Expansion / Investment
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