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29 Apr 2021 / 18:17 H. PETALING JAYA: The value of major investment transactions in Malaysia in the first quarter amounted to RM1.46 billion, a 53% year-on-year (y-o-y) increase, according to Savills Asia Pacific – Q1 2021 Investment Quarterly. It said the first quarter’s overall transaction value was led by the industrial sector, accounting for 48% of the total, followed by commercial transactions at 22%. The largest acquisition in the quarter was by Hartalega Holdings, which acquired 250 acres of industrial land in the Kota Perdana Special Border Economic Zone, Kedah, for RM228.7 million. Hartalega intends to invest RM7 billion to build 16 glove factories in Malaysia’s northern region over the next 20 years.

Kuala lumpurBukit rajaMalaysia generalSumatera utaraKota perdanaShah alamPrestasi sdn bhdSdn bhdSavills asia pacificPetaling jayaMk land groupHartalega holdingsDutch lady milk industries sdn bhdKota perdana special border economic zoneGreater kuala lumpurKlang port