Factory Expansion / Investment · 19 stories
Ann Joo exits steelmaking: Green Esteel takes the Prai mill and its 200-acre freehold Bandar Prai title for RM290mil — less than Axis REIT offered for two-thirds of the land
The RM150 million in Monday’s filing was only the completion instalment. You Zhenhua’s Green Esteel, already Southern Steel’s controlling shareholder, now owns Ann Joo Steel Berhad…
SkyGate NHJ commits US$30mil to a 36,000 sq ft plant in the Perai Free Industrial Zone
The Malaysia–Singapore precision machining joint venture opened its Perai FIZ facility on 4 September with Chief Minister Chow Kon Yeow officiating, committing US$30 million (RM121…
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…
TT Vision commits RM92mil to a 153,000 sq ft factory on PDC’s Plot 81A, Bayan Lepas — RM160 psf land, RM600 psf to build, and a company worth RM105mil
TT Vision Technologies has awarded Yu Tong Construction a RM92 million contract to build a factory-cum-office on Plot 81A, Bayan Lepas Industrial Park — 3.6 acres leased from PDC f…
Penang approved RM17.3bil of manufacturing investment in six months — 77% of all of last year, and 69% of it is existing factories expanding
MIDA figures released on 3 September put Penang first in Malaysia for approved manufacturing investment in 1H2026: RM17.3 billion, 34% of the national total and 38% up year-on-year…
CapitaLand’s REIT bought a Sungai Jawi warehouse estate for RM80mil - diversification journey
CapitaLand Malaysia Trust paid RM80 million for 12.6 freehold acres and about 344,000 sq ft of warehousing at Kawasan Perusahaan Valdor, completing in December 2022. It was the REI…
SIBS’s RM500mil Penang Science Park plant, the Swedish modular builder now ships Penang-made apartments to the UK, Australia and Greenland
Scandinavian IBS opened a 15-acre, ~500,000 sq ft second plant at Penang Science Park (North), Simpang Ampat in September 2022, part of a RM500 million programme promising 1,200 jo…
Penang pushes medtech as its hedge against the chip cycle — and medtech tenants are the strongest industrial occupiers in Penang
Chief Minister Chow Kon Yeow told IMDEC 2026 that Penang now hosts seven of the world’s top 30 medtech firms and drew RM2.3 billion in approved sector investment from 2021 to Q1 20…
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…
YBS International buys the Perai factory it was renting for RM390,600 a month
YBS International’s subsidiary is paying RM23.5 million for the Perai semi-detached factory it already occupies — the second adjoining lot it has bought on the same road, at the sa…
Intuitive’s RM2 billion Batu Kawan plant: 40 acres carry a seven-acre building
The da Vinci robotic-surgery maker will spend more than RM2 billion over five years on its first Malaysian plant at Bandar Cassia Technology Park — about RM817 million of it on lan…
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…
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…
THMY Upsizes New Batu Kawan Factory to RM172.6mil — Five Times the Original Budget
Automated test solutions firm THMY Holdings has expanded its new Batu Kawan factory plan to RM172.6mil — five times the RM29.35mil budgeted at its IPO — with built-up area more tha…
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…
Eppendorf picks Batu Kawan: RM180mil plant is its first factory in Southeast Asia
German lab-equipment maker Eppendorf has signed with PDC for a greenfield RM180mil plant at Bandar Cassia Technology Park — its first factory in Southeast Asia, exporting to the US…
Ajinomoto’s RM603mil Privatisation — and the Land Trade That Sits Underneath It
Ajinomoto (Malaysia) is being taken private at RM20 a share through a selective capital reduction, repaying minority shareholders RM603.4mil. Days before the board backed it, the c…
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…
PM Anwar Opens MKS Inc’s RM400mil Super Center Factory in Batu Kawan
US semiconductor equipment giant MKS Inc has opened its Super Center Factory at Bandar Cassia Technology Park, Batu Kawan — its largest manufacturing investment since founding in 1…
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