Source: Buletin Mutiara Printed circuit boards (PCBs), radio frequency (RF) components and RF microwave/microelectronic assemblies manufacturer TTM Technologies Inc has opened its first large-scale plant in Southeast Asia in the Penang Science Park here. The state-of-the-art facility, built on 10.9 hectares of land in Simpang Ampat, currently employs more than 75 engineering and technical graduates from Malaysian universities. The Nasdaq-listed company’s expansion in Penang is aimed at serving its global commercial markets, especially in networking, data centre computing, medical, instrument ..read more

Indulge in the epitome of luxury living at Ferringhi Residence 2, nestled in the serene enclave of Batu Ferringhi. With prices starting from RM7XXk*, immerse yourself in a world of sophistication and tranquility. Set against a backdrop of breathtaking scenic views, this lavish sanctuary promises an unparalleled experience of comfort and relaxation for you and your loved ones. Featuring: Freehold tenure for peace of mind Low density for exclusive living Expansive total land area spanning 9.95 acres Generously-sized built-up area of approximately 1,500 sqft Each unit comes with 2-3 parking spa ..read more

About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses with built-up size ranging from 1,332 sq.ft. up to 2,943 sq.ft. Indicative price starts from RM420,000 onwards. Find out more about Nusacinta @ Setia Fontaines Register yo ..read more

There will be a full lane closure and traffic diversion on the Tun Dr Lim Chong Eu Expressway heading towards the Penang Bridge, starting tonight. The closure will affect Line M, from CH 1.1 to CH 1.9, particularly around The Light area. All four lanes heading towards the Penang Bridge will be closed during the specified hours, with a contraflow implemented. This means two lanes typically heading towards Georgetown will be repurposed to accommodate traffic towards the bridge. The closure is necessitated by ongoing construction works conducted by IJM Corp. It will be enforced from 10pm till 5a ..read more

Iconic Worldwide Bhd’s wholly-owned unit Iconic Maison Sdn Bhd eyes over 70 per cent take-up rate of its newly-launched residential development, Iconic Harmony, with RM300 million gross development value (GDV) due to strong demand from buyers. Iconic Worldwide executive chairman Datuk Seri Tan Kean Tet said the project has garnered strong interest from purchasers due to its affordable price tag, coupled with the group’s emphasis on quality for all of its products. He said the project would feature 751 freehold affordable homes within a 36-storey building, whereby each residential unit offers ..read more

Motorists in Farlim, Air Itam, will need to plan alternate routes as a section of Lebuhraya Thean Teik will be temporarily closed from 9pm to 5am on April 22 and 23. This closure, affecting the stretch between Desa Intan and Tanjung Court, is necessary to facilitate construction efforts for the Package Two bypass, which aims to connect Air Itam to the Tun Dr Lim Chong Eu Expressway. To circumvent the closure, drivers heading from Batu Lanchang to Paya Terubong can use Lengkok Angsana, then Jalan Angsana, rejoining Lebuhraya Thean Teik further along the route. Conversely, travelers moving from ..read more

The Penang government is optimistic about achieving the target to build 220,000 units of Affordable Housing (RMM) by 2030. State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, said the target is in line with the agenda ‘Housing for All’, which is the state government’s main core in providing affordable housing for the people of this state. He said that so far, impressive progress has been made, with 157,073 units of RMM currently at various stages of construction, accounting for 71.4 per cent of the total targeted. “This figure includes 50,700 units already built, 20,24 ..read more

Iconic Worldwide Bhd has received overwhelming support for its recent rights issue and free warrants, signaling a strong vote of confidence from investors. With 1.12 billion rights shares and 749.8 million free warrants oversubscribed, the company is set to embark on an ambitious expansion journey. Scheduled to be listed on the Main Market of Bursa Malaysia on April 25, these instruments will bolster Iconic’s financial position and pave the way for strategic initiatives. Managing director James Tan Cho Chia emphasized the significance of this oversubscription, highlighting it as an affirmatio ..read more

Source: Facebook LEM, a renowned leader in electrical measurement technology, has opened its new US$17 million factory in Penang, Malaysia, heralding a significant step forward in the realm of advanced manufacturing. Nestled within the Penang Science Park North in Simpang Ampat, this state-of-the-art facility seamlessly integrates cutting-edge manufacturing technology with environmentally friendly designs, embodying LEM’s commitment to innovation and sustainability. CEO Frank Rehfeld emphasized Penang’s strategic importance as the location for LEM’s inaugural manufacturing plant in Mala ..read more

For illustration only In a recent update reported by Buletin Mutiara, Penang State Government is set to examine the comprehensive proposals outlined in the Penang Port Commission’s (PPC) Master Development Plan for the Penang Port. This comes in the wake of recent developments regarding the feasibility study for the undersea tunnel project, which was previously pending due to the awaited master plan from PPC involving the expansion of facilities at the Northern Butterworth Container Terminal (NBCT). Chief Minister Y.A.B. Chow Kon Yeow stated that the state government had been unable to ..read more