AME in RM1bil Majestic Builders collaboration


PETALING JAYA: Industrial space solutions provider AME Elite Consortium Bhd is tying up with Majestic Builders Sdn Bhd to develop an integrated industrial park in Penang with a gross development value (GDV) of RM1bil.

In a statement yesterday, AME Elite said its wholly-owned subsidiary – Northern Industrial Park Sdn Bhd – and Majestic Builders had jointly formed a special-purpose vehicle (SPV) to undertake the industrial park development.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
AME REIT , Majestic Builders

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read