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Axis REIT's portfolio to gain from industrial warehouse acquisition
KUALA LUMPUR: Axis Real Estate Investment Trust (REIT) stands to gain from its proposed acquisition of a logistics warehouse facility as it will boost the REIT's portfolio size above that of its peers in the sector.
Axis-REIT buys warehouse facility for RM390mil
PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) has entered into a sale and purchase agreement to acquire a 1.549 million sq ft logistics warehouse facility in the Port of Tanjung Pelepas (PTP), Johor for RM390mil.
Wee: Malaysia proposes new air services pact with Uruguay
KUALA LUMPUR: The signing of a new air services agreement between Malaysia and Uruguay was among matters proposed by Transport Minister Datuk Seri Dr Wee Ka Siong to Uruguay’s Transport and Works Minister José Luis Falero.
Our ports stay shipshape
KUALA LUMPUR: Port Klang retained its position as the 12th busiest seaport in the world while Port of Tanjung Pelepas (PTP) in Johor came in at 15th, said Transport Minister Datuk Seri Dr Wee Ka Siong.
Maritime Industry is the backbone of the Malaysian economy, says Transport Minister
KUALA LUMPUR: The Malaysian Maritime Industry contributes about 40% of the country’s gross domestic product (GDP), says Datuk Seri Dr Wee Ka Siong.
Master plan being drawn up to steer Port Klang and PTP forward
KUALA LUMPUR: A 40-year master plan to develop Port Klang and the Port of Tanjung Pelepas (PTP) is being drawn up to help steer Malaysia’s two primary seaports into becoming world-class entities, says Datuk Seri Dr Wee Ka Siong.
Local logistics player reaching for the top
Transcargo stood the test of time and continues to tackle Malaysia’s logistic challenges
Inclusivity part of workplace culture
CHILDHOOD was not an easy time for Tuan Osman Tuan Mahmod who hails from Pasir Putih, Kelantan.
Sixth development zone set for rapid growth
THE declaration of Sedenak as the sixth flagship development zone in Iskandar Malaysia will attract more investments to the northern region of the growth corridor.
