Industrial news in Safra Jurong Singapore

1. AME Elite buys 176 acres in Pontian for i-Park project

   2 days ago BusinessToday Malaysia - Property Jeram Batu, Pontian, Johor 26.8 km

   AME Elite Consortium Bhd is acquiring 176.45 acres of freehold agricultural land in Jeram Batu, Pontian, Johor, for RM199.8 million from Hak Soon Seng Plantation (M). RHB Research maintained its BUY call and raised its target price to RM2.33, saying the site could become another i-Park industrial development benefiting from the Johor-Singapore Special Economic Zone. The acquisition, funded internally, is expected to complete in the first half of 2027.

2. AME Elite to buy 176.5 acres in Pontian for RM199.8m

   4 days ago The Malaysian Reserve Mukim Jeram Batu, Pontian, Johor 24.7 km

   AME Elite Consortium Bhd is acquiring 176.5 acres of freehold land in Mukim Jeram Batu, Pontian, Johor, for RM199.8 million cash to expand its industrial land bank within the Johor-Singapore Special Economic Zone. The purchase, made through two wholly owned subsidiaries, is targeted for completion in the first half of 2027 and follows a separate 31.8-acre buy in Senai.