Sime Darby Property, SD Guthrie form JV to develop 3,000-acre industrial corridor in Selangor


From left: SD Guthrie Group Managing Director, Datuk Mohamad Helmy Othman Basha; SD Guthrie Deputy Group Managing Director, Mohd Haris Mohd Arshad; Sime Darby Property Managing Director of Property Development, Datuk Mohd Sohimin Mohd Alayedin; and Sime Darby Property Group Managing Director and Chief Executive Officer, Datuk Seri Azmir Merican at the signing ceremony

KUALA LUMPUR: Sime Darby Property Bhd has teamed up with SD Guthrie Bhd to develop a next-generation industrial and logistics hub within a 3,000-acre master development plan in Kuala Selangor, Selangor.

The companies will set up a special-purpose vehicle, which will be jointly and equally owned, to develop 1,000 acres within Guthrie’s Jalan Acob, Bukit Kerayong and Bukit Cherakah estates.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Asian stocks rise; FX lack direction on steady dollar, Fed rate-cut bets
China's 2025 copper imports lowest since 2020 amid major price rally
Trilateral links will boost growth
Strong growth for Malaysia's Islamic banking sector - S&P Global Ratings
Oil prices pause gains as Venezuela shipments resume but Iran concerns loom
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
Asian stocks inch higher, fragile yen spurs intervention worries�
FBM KLCI struggles to extend gains amid profit-taking pressure
China's trade ends 2025 with record trillion-dollar surplus despite Trump tariffs
Netflix prepares all-cash offer for Warner Bros, source says

Others Also Read