Seberang Perai Selatan · 9 stories
Seberang Perai Selatan is the southern district of mainland Penang, home to the Batu Kawan growth corridor — including the Batu Kawan Industrial Park, Bandar Cassia and the proposed 1,300-acre BKIP2 in Byram. Its position at the Second Penang Bridge landing has made it the state’s main frontier for new industrial land.
China’s S J leases 8.5 acres in Batu Kawan for US$70m plant
PEN S J Electronics, the Penang arm of China’s S J Electronics, is leasing about 8.5 acres in BKIP3 from PDC for a US$70m chip-materials plant with 1,000 jobs.
Chin Hin sells Boon Koon, Nibong Tebal factory for RM62m
Chin Hin Group Property is selling Boon Koon's commercial vehicle business to HSG for RM62 million, RM60 million of it for 10.4 freehold acres in Nibong Tebal.
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…
GB Bond to rent a 40,000 sq ft factory in Bukit Panchor
Nibong Tebal glue maker GB Bond listed on 1 October at 25 sen and closed at 20.5 sen. It plans to rent about 40,000 sq ft near its Bukit Panchor HQ at ~RM2 psf.
PTT Synergy buy 9.7acres at RM62.53mil in Seberang Perai Selatan - RM148 psf and turned into Jabil’s RM400mil logistics hub
Through a subsidiary named PTT Logistics Hub 3, the warehouse developer is buying Geran 77766, Lot 1597, Mukim 12 — 3.925 ha of first-grade, unencumbered freehold land — from a pri…
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…
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…
PDC Takes Full Control of BKIP2 in Byram After Three Failed Tenders
The Penang Development Corporation will develop the 1,300-acre Batu Kawan Industrial Park 2 in Byram itself after three RFP rounds failed, releasing about 200 acres of industrial l…
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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