Kedah records highest foreign investment activity in industrial sector in 1Q2024, says Knight Frank
“International orders are coming in fast.
“International orders are coming in fast.
Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.
Ho said the record number of submissions for the awards this year was a heartening sign of growing awareness and commitment to best-in-class and sustainable property management practices.
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
The entitlement date for the bonus issue will be determined later, the group said, adding that the warrants' entitlement date will be announced after the completion of the bonus issue.
Meanwhile, apart from overcapacity, Misif has identified low green technology adoption and limited access to quality scrap as among issues that the industry is facing.
Nevertheless, Lim said the local steel industry is still challenging as it is grappling with overcapacity issues, which led to low capacity utilisation at an average of 39.
"The Country Heights Group has faith and trust in the administration of the OR, and we have already deposited 10% of the total PoD as of February 2024, amounting to RM 380,000 while waiting for the final admission of PoD.
The facility will have a floor area of 166,300 square feet and will be located beside the current ViTrox Campus 3.