'LIKE' us to expand your property portfolio

Do check out our Facebook Business Page: www.facebook.com/VulcanInternationalPage. Please 'LIKE' our page.

Malaysia Office: www.tinyurl.com/MalaysiaOffice | Our Motto: You Call, We Match
Showing posts with label malaysia. Show all posts
Showing posts with label malaysia. Show all posts

Monday, November 30, 2015

Penang Factory | Sungai Lokan Factories | Warehouse For Rent

The availability of new warehouse / factory for sale / rental in Taman Perusahaan Sungai Lokan, Butterworth to cater for Industrial Estates (Kilang Perindustrian, Industri Kecil dan Sederhana (IKS) Pulau Pinang, Malaysia) in Butterworth, Penang mainly to serve Kawasan Perindustrian Mak Mandin, Kawasan Perindustrian Teras Jaya and Taman Perusahaan Sungai Lokan shows that there are demand for it. 

Butterworth is the main town for Seberang Perai Utara (SPU) and it complements Georgetown in Penang Island as transportation hub where one can access to railway network, seaport, bus terminal, North Butterworth Container Terminal (NBCT). These infrastructures are essential to The Federation of Malaysian Manufacturers' (FMM) Penang branch whose membership comprises of manufacturers (MNCs) and companies registered in Malaysia.

One of the warehouses / factories that newly built and is available for sale / rental is:
warehouse%252520/%252520factory%252520for%252520sale%252520/%252520rental%252520in%252520Taman%252520Perusahaan%252520Sungai%252520Lokan%25252C%252520Butterworth%252520Penang.
Warehouse / factory for sale / rental in Kawasan Perusahaan Sungai Lokan, Butterworth

Industrial%20Estates%20%28Kilang%20Perindustrian%2C%20Industri%20Kecil%20dan%20Sederhana%20%28IKS%29%20Pulau%20Pinang%2C%20Malaysia%29%20in%20Butterworth.

Location: Taman Perusahaan Sungai Lokan (Off North-South Expressway), Butterworth
Build Up: 19,000 sq ft
Ceiling Height: 35/30 ft
Floor Loading: Heavy duty type
Remark: 40' truck is accessible

Private viewing can be arranged. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.Private viewing can be arranged. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our Multiple Listing Service .

Wednesday, October 28, 2015

Penang | Silicon Valley of East losing position?

No massive layoffs | State semiconductor and E&E sectors ‘invariably impacted’ by MNC mergers

InvestPenang%20director%20Datuk%20Lee%20Kah%20Choon

GEORGE TOWN: InvestPenang director Datuk Lee Kah Choon expressed confidence that factories in Penang will not see massive retrenchments taking place arising from the mergers of five multinational companies producing semiconductors and electronics components.  

Lee, who estimates some 150 jobs to be affected out of the thousands, said the companies involved were AMD, which had joint venture with Nantong Fujitsu Microelectronic Co, and Motorola Solutions’ manufacturing facility in Bayan Lepas, which had been taken over by Sanmina Corp.  

He said Western Digital and Dell had also acquired SanDisk and EMC respectively while Amphenol would close one part of its business here.  

“Mergers and acquisitions are commonly carried out nowadays not only to consolidate operations but to increase market share and technology synergies. This is happening globally in the semicon and E&E (electrical and electronics) technology companies.  

“Penang, as an electronic hub with its many international companies, is invariably impacted,” he said at a press conference here yesterday.  

Lee was responding to recent news reports that Penang might lose its position as the Silicon Valley of the East following news of relocations, mergers, retrenchment and even plant closures involving several major foreign electronic players in the state.  

According to a report in a local daily, the series of moves, despite earlier reports of injections of tens of millions of ringgit in investment by two Chinese entities (namely JA Solar, JinkoSolar) in six months, will affect more than 1,000 employees.  

Lee said the acquisition of business did not equate to sacking of employees. “Restructuring exercises will be carried out but it is more to making the business profitable and the expansion of technological manufacturing processes. “Even if there is massive unemployment, these workers can be easily absorbed by other companies here. We are in a better position now to weather any possible unemployment scenario,” he said.  

On German stereo system maker Blaupunkt and HGST, a subsidiary  of Western Digital, Lee denied these companies would either close down, relocate or retrench their workers. “I have been in close contact with Blaupunkt and they do not have any intention to do any retrenchment," he said.  He described Penang’s investment as “healthy”, adding that the state had been ranked in the top five bracket for the past seven years.  

“It is very important for us to bring in the technology to support the supply chain that Penang has already developed.  “We also want investments to create high-income jobs for Malaysians in order for us achieve the national objective of becoming high-income nation in 2020,” he said.

Source | StarBiz

Related articles:

Cause for concern: Is Penang on the cusp of losing its position as the Silicon Valley of the East following news of relocations, mergers, retrenchment and even plant closures involving several major foreign electronic players in the state? What's your opinion? (Before you form your opinion do read through the related articles above)

Boldly go. LLAP

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.