Johor-Singapore committee to meet on Nov 2 before economic zone plan launch
The JS-SEZ master plan is due to be launched at the 13th Malaysia-Singapore Leaders’ Retreat on Dec 4 and 5.
Foreign and domestic investment, new plants, expansion plans and funding.
The JS-SEZ master plan is due to be launched at the 13th Malaysia-Singapore Leaders’ Retreat on Dec 4 and 5.
The proposed purchase covers a leased printing site in Malang. Three group units also secured new or extended supply arrangements with BAT.
Sources say Alton Aviation Consultancy is seeking lenders and investors, with most of the proposed financing intended to address AirAsia’s debt and balance sheet.
The project targets first gas by end of 2029 and would establish Sarawak’s first LNG regasification facility, according to Petros.
Cooperation on the Johor-Singapore Special Economic Zone would also include efforts to help businesses reach export markets beyond Malaysia and Singapore.
The companies will assess potential joint ventures covering investment, development, ownership and operation of logistics facilities in Malaysia.
The acquisition requires regulatory approval, with Malaysia Aviation Group seeking to complete the transaction by 2027.
The group has earmarked RM5.5 million for factory rental and machinery, alongside RM3.5 million for a sales office in Vietnam.
BYD says it is continuing its local assembly plans through a Malaysian partner, with discussions at an advanced stage.
The RM130 million transaction is now due for completion at the end of the fourth quarter, with conditions still outstanding.