Selangor · 13 stories
L&G to launch Lembah Beringin industrial park in 1Q 2027
Land & General will launch 240 acres of factories and plots on its 2,500-acre Kerling estate beside Lembah Beringin in 1Q 2027, next to Chery's new car plant. The land sits in its …
Powerwell profile: the switchboard maker behind data centres
Who is Powerwell? A Shah Alam maker of low- and medium-voltage switchboards and a Siemens licensee, listed on Bursa in 2020. Data-centre orders have lifted its order book to about …
Jati Tinggi’s RM73mil 275kV job: the Banting data centre draws on Lion Group’s old Megasteel intake - RM142mil of power works for one campus is the price of getting on the grid
The Bursa filing behind Jati Tinggi Group’s third contract in a month calls it a "275kV PMU Megasteel cable connection to Consumer Landing Station No. 1" at Banting Tech Park, due …
AmFIRST REIT sells Menara AmBank for RM331mil, hunting for industrial and healthcare assets - its best performer is a hypermall in Bukit Mertajam
The AmBank-sponsored trust is selling its Kuala Lumpur headquarters tower at a 3.7% yield, cutting gearing from 46.6% to 33.9%, and says the first acquisition in a decade will be a…
IOI Properties halves the debt paydown from its RM7.58bil REIT and doubles the money for new property
IOIPG Malaysia REIT was constituted on 11 September and its nine sale agreements and six hotel master leases are signed. The 14 September filing cuts debt repayment from RM3.04 bil…
EI Power pays RM17.2mil for a Glenmarie semi-D factory — RM985 per sq ft of built-up, four months after listing
The ACE Market-listed power engineering firm, 57.58%-owned by OCK Group, is buying No. 17, Jalan Pelukis U1/46B in Bandar Glenmarie — title H.S.(D) 284618, PT 2975 — for RM17.2 mil…
Mah Sing buys 14.38 acres freehold and leasehold land in Ampang for RM186.17mil for new M Araya Project
Mah Sing’s RM186.17 million Ampang land buy for its RM1.92 billion M Araya project breaks down into three parcels precise enough to show, in one transaction, exactly what the marke…
Axis-REIT buys three Pulau Indah warehouses for RM61mil at a 6.2% yield, leases them straight back
Axis-REIT is buying three Klang warehouse parcels from logistics operator Megalift for RM61 million and leasing them straight back at a gross yield of about 6.2% — a clean, dated c…
COMPASS @ Kota Seri Langat sells out: final 36 acres go to a 210MW data centre
A PNB- and KWAP-backed 220-acre freehold industrial park in Selangor is fully taken up, capped by a 36-acre, 300 MVA data centre deal.
Frasers Property and Tan & Tan to redevelop 5.15ha former F&N factory site in Section 13, Petaling Jaya
A 5.15-hectare parcel in Section 13 that once held a Fraser & Neave factory is becoming PJ Quarter, a two-phase mixed-use precinct. The deal that brought Tan & Tan in alongside Fra…
A Century of Tin Smelting Ends in Butterworth — Potential 40 Acres Straits City Re-development
Malaysia Smelting Corporation has moved its smelting operations from Butterworth to Pulau Indah, Klang, retiring a plant that ran for more than a hundred years. The freehold land i…
NXP Breaks Ground on 500,000 sq ft Assembly and Test Expansion in Petaling Jaya
Dutch-American chipmaker NXP Semiconductors has broken ground on a new assembly and test building in Petaling Jaya that will add about 500,000 sq ft and take the Selangor site to r…
Lotus Circular Exits Leather Retail With RM38mil Sale of Miroza Stake
Waste recycling group Lotus Circular Bhd is selling its 55% stake in leather goods retailer Miroza Leather for RM38mil cash, taking a pro forma loss of RM15.39mil, to focus fully o…
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