PETALING JAYA: TH Properties Sdn Bhd, a wholly owned subsidiary of Lembaga Tabung Haji, is forming a joint venture with SD Guthrie Bhd for the development of Malaysia’s first Halmas-certified managed industrial park, situated on 464 acres of prime land in Bukit Pelandok, Negeri Sembilan. Halmas is an accreditation given to operators of halal parks that comply with requirements stipulated by Halal...
industrial
PETALING JAYA: MGB Berhad, a construction and property development solutions provider and subsidiary of LBS Bina Group Berhad, today announced that its wholly-owned subsidiary MGB Construction & Engineering Sdn Bhd has accepted a letter of award worth RM189.35 million (contract) from Anuar Aziz Architect on behalf of Kemudi Ehsan Sdn Bhd for a development project on Lot 4295, Mukim Ijok, Daerah...
PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd, has entered into a sale and purchase agreement to acquire an industrial complex from Amsteel Mills Sdn Bhd (AMSB) for a cash consideration of RM49 million. AMSB will lease back the industrial complex from Axis-REIT for six years at a starting rental of RM285,833.33 per month. The industrial complex, located in...
PETALING JAYA: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Berhad has entered into a sale and purchase agreement to acquire an industrial premise, presently built upon a 637,331 sq. ft. freehold land, from BSS Development Sdn Bhd (BSS) and Matrix IBS Sdn Bhd (Matrix IBS) for a cash consideration of RM48.0 million. Both BSS and Matrix IBS are wholly owned subsidiaries of...