PMB Technology plans RM650 million alloy plant in Sarawak
The proposed diversification requires shareholder approval and would shift some power capacity away from silicon metal production.
Foreign and domestic investment, new plants, expansion plans and funding.
The proposed diversification requires shareholder approval and would shift some power capacity away from silicon metal production.
The second phase will add wafer-bumping and post-bump capacity to serve demand for advanced packaging in AI, data centres and high-performance computing.
Saifuddin expects the budget to extend the Madani government's efforts to widen prosperity and give priority to public well-being.
Sekata E-Logistics Park will comprise five single-storey warehouses with rainwater harvesting systems and EV charging facilities.
The 24,777 square metres site is near the University of Cyberjaya, with completion of the purchase expected in the third quarter of 2027.
Proposed share fundraising would generate between RM70.83 million and RM183.48 million to finance acquisitions, working capital and related expenses.
The proposed cash deal is subject to due diligence, further negotiations, an independent property valuation and board approval.
Sim Tze Tzin urged Malaysia to use its industrial capabilities to attract quality US investment as competition from other Asian countries intensifies.
Workers’ compensation accounted for 33.9% of GDP in 2025, while the government aims for 40% by 2030.
The property will serve as a warehouse, with RM12.75 million of the purchase price to be financed through bank borrowings.