PGF’s Tanjung Malim land gets boost from BYD’s expansion

TA Research said the new investment and eventual employment opportunities would boost demand for housing, adding value to PGF’s Tanjung Malim land.

PETALING JAYA: Insulation products manufacturer PGF Capital Bhd (PGF) is expected to benefit from the establishment of a new BYD plant in Tanjung Malim.

Development in Tanjung Malim’s automotive hub would benefit PGF as the company owns land there that can be monetised.