Construction news in Ara Damansara Selangor

1. EI Power buys Shah Alam factory for RM17.2mil using IPO funds

   5 hours ago New Straits Times Shah Alam, Selangor 8.2 km

   EI Power Bhd's subsidiary is acquiring a freehold factory in Shah Alam for RM17.2 million. The purchase will be funded mainly by proceeds from its IPO, with the deal expected to complete within three months.

2. NCT Alliance hands over first phase of RM10.2b Selangor smart industrial park, launches second phase

   1 day ago New Straits Times South Selangor, Selangor 17.3 km

   NCT Alliance Bhd has begun handing over vacant possession of the first phase of its NCT Smart Industrial Park in South Selangor, with nearly 90 per cent of its 280 units taken up. The company also launched KM2, the second phase adding 241 industrial units, at an event officiated by Selangor Menteri Besar Datuk Seri Amirudin Shari.