KLK’s TechPark project forecast to improve ROE


Kenanga Research said it expects the land sale by KLK to BYD to conclude next year.

PETALING JAYA: Kenanga Research is upbeat about Kuala Lumpur Kepong Bhd’s (KLK) largest real estate project, KLK TechPark, adjacent to Proton’s main plant in the Automotive High Tech Valley in Tanjung Malim, Perak.

BYD Company Ltd (BYD) will be setting up an electric vehicle assembly plant on a 150-acre site in KLK TechPark even as the second phase of the development is scheduled for launch by the end of this year.

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