News about industrial

KUALA LUMPUR (Oct 9): Axis Real Estate Investment Trust is buying a property in the industrial area of Nilai from K-Plastics Industries Sdn Bhd for RM50 million.

KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.

KUALA LUMPUR (Aug 29): Sime Darby Property Bhd is looking to grow its recurring income base to 10% of total revenue, from the current 6%, over the next five years, as it embarks on its transformation to expand into the key growth sectors of industrial and logistics development.

KUALA LUMPUR (Aug 8): Tadmax Resources Bhd managing director Datuk Seri Anuar Adam has been redesignated non-executive deputy chairman, effective today.

PETALING JAYA (July 23): The industrial property sector is set to grow in line with growing demand and limited existing and incoming supply of higher-specs warehouses in the market, according to Knight Frank Malaysia.

PETALING JAYA (June 11): Knight Frank Malaysia has been appointed the exclusive agent by Western Digital to market the latter’s hard disk drive (HDD) assembly facilities in Sungai Way Free Trade Industrial Zone (FIZ), Petaling Jaya, Selangor.

  GELANG PATAH, JOHOR (April 26): Forest City’s Industrialised Building System (IBS) Plant has entered the Malaysia Book of Records (MBR) as the largest fully automated IBS factory in Malaysia.

NILAI (March 16): All government affordable housing projects would be built using the industrialised building system (IBS) technology by 2024, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (March 13): JCY International Bhd (JCY) has agreed to receive 133.

PETALING JAYA (Jan 29): Gamuda Bhd is ready to provide support to property developers and the government with the company’s digital robotic industrialised building system (IBS) technology to build and deliver new affordable homes for Malaysia in line with the new National Housing Policy.