Perak · 9 stories
US-backed DTEC plans US$600m rare-earth refinery in Malaysia
Majority US-owned DTEC Mineral plans a US$600m rare-earth refinery in Malaysia within three years, after winning the first raw rare-earth export permit.
Perak breaks ground on 287-acre Kerian Industrial City
PKNP and Asiabina have started a RM700 million industrial city at Dennistown, Parit Buntar, with 36 semi-D factories and 47 lots, close to the Penang border.
Budget 2027: RM5m tax break for vendors moving to AHTV
Malaysian-owned auto-parts makers moving to the Automotive Hi-Tech Valley in Tanjong Malim can deduct up to RM5m of relocation costs spent from 2027 to 2030.
TMK Chemical to buy CCM and its nine plants for RM939.9m
TMK Chemical will buy Chemical Company of Malaysia from Batu Kawan Bhd for RM939.9m in cash and shares, taking nine plants on about 122 acres in five states.
Setia Awan launches RM1.4b Tanjong Malim Hi-Tech Park
Setia Awan has launched the 447-acre Tanjong Malim Hi-Tech Park beside Proton City; phase 1 land starts at RM55 psf and is about half taken up.
KIP REIT plans mall upgrades, values six factories at RM162m
KIP REIT will upgrade three malls, including a RM160 million AEON extension at Kinta City, and is days from completing its RM435 million Setapak Central buy. Its six sale-and-lease…
BYD picks Inokom in Kulim after dropping Tanjung Malim plant
BYD has named Sime Darby’s Inokom plant in Kulim as its Malaysian assembly partner, a month after dropping its own Tanjung Malim plant over MITI’s conditions.
Chinese Group Sheng Long Breaks Ground on RM140mil Aquafeed Plant in Kamunting, Taiping
Sheng Long Aqua Technology, the aquaculture arm of China’s Guangdong Haid Group, is investing about RM140mil in its first Malaysian production base at the Kamunting industrial area…
South Korea’s K-Test Breaks Ground on RM205mil Perak Plant, Its First in Southeast Asia
Semiconductor testing specialist K-Test has broken ground on a US$50mil (RM205mil) wafer and final testing plant in Perak — its first Southeast Asian facility — targeted for practi…
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