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Old September 19th, 2014, 10:18 AM   #1
davidwsk
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APTEC | Iskandar Malaysia (Lakehill Resort City) | On-Hold

Quote:
Originally Posted by nazrey View Post
Johor



'Expo city' will make Iskandar trading hub
By Ahmad Fairuz Othman
Published: 2009/05/23

Asia Pacific Trade and Expo City (APTEC)

ISKANDAR Malaysia in Johor is set to become a major trading hub in the region for manufacturers and buyers once a permanent one-stop exposition, trade and distribution centre near Pasir Gudang is completed in five to seven years.

Called the "Asia Pacific Trade and Expo City" (APTEC), it is located within the RM6.6 billion township of Lakehill Resort City, which is being developed by Malaysia Pacific Corp Bhd (MPCB).

Once completed, APTEC will have a built-up gross floor area of about 4 million sq ft, occupying a land area of 9.4ha.

MPCB president and chief executive officer Datuk Bill Ch'ng said APTEC would become a centre for manufacturers of all sizes to showcase their products to international buyers.

"Buyers will come to the hub just like in a department store. These buyers will be retailers and wholesalers.

"The hub will be the centre to supply goods for the regional market, and allow buyers from all over the world to source their products here," said Ch'ng after attending the launch of the Iskandar Malaysia Open Day in Johor yesterday.

Manufacturers who set up their base in APTEC will promote their products to buyers from Southeast Asia, India, Japan, South Korea, Taiwan and the Middle East.

Ch'ng said potential manufacturers at APTEC would be selected based on the potential of their products or services.

They include manufacturers of goods such as electronics, fashion, home appliances and foodstuff.

Investors and traders will also find accommodation and recreation at the Lakehill Resort City to complement their business dealings.

Other attractions in the development include a six-star lakeside resort, factory outlet stores, a heritage and cultural village, a thematic restaurant located on top of a rock formation and other international bistros and cafes.
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Old September 19th, 2014, 10:18 AM   #2
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Old December 4th, 2015, 04:32 PM   #3
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Quote:
MPCorp aborts Asia-Pacific Trade and Expo City plan


By Gho Chee Yuan / theedgemarkets.com | December 4, 2015 : 7:05 PM MYT


KUALA LUMPUR (Dec 4): Malaysia Pacific Corp Bhd (MPCorp) has aborted its collaboration with Black Sea Horizon Investment Holdings Ltd to promote Malaysia as Asia's 'Economic Corridor', following four extensions after the deal was first announced in October 2013.

In a filing with Bursa Malaysia today, the Practice Note 1 (PN1) and PN17 company said the period of its memorandum of understanding (MoU) with Black Sea would not be extended, and as such, has lapsed.

Black Sea is a Chinese State-Owned Enterprise and is principally involved in consumer trade, property development, hospitality, oil refineries and oil trade.
http://www.theedgemarkets.com/my/art...expo-city-plan
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Old December 4th, 2015, 04:55 PM   #4
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2nd project scrapped after China Mall trade centre.. Far away from the city centre and poor transportation system. That's it! I haven't heard project scrapped coz of MRT, HSR etc!lol!!

Maybe next is Danga Bay because so 'degil' to build these things. Country Garden will become one of the densest place in JB, did they realize this??!! Or maybe they already knew it, that area will turn into a new ghost town in JB, so no need to build ha??
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Old July 23rd, 2017, 08:26 AM   #5
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Quote:
MPCorp enters JV to develop 13 pieces of land in Johor
July 12, 2017 19:38 pm MY

KUALA LUMPUR (July 12): Malaysia Pacific Corp Bhd (MPCorp) said it has entered into a joint venture (JV) agreement with Taiwan-based Chun Fu Development Sdn Bhd to jointly develop 13 pieces of land in Plentong, Johor.

According to a filing with the exchange, MPCorp said it entered the agreement via its wholly-owned subsidiaries Taman Bandar Baru Masai Sdn Bhd and Lakehill Resort Development Sdn Bhd.

Under the agreement, MPCorp shall hold up to 35% in the JV company while the remaining 65% will be held by Chun Fu.

"All profits, costs and liabilities for the JV shall be shared between parties in accordance with the shareholding ratio," said the loss-making property company.

The signing of the JV agreement follows the execution of a non-binding term sheet between MPCorp and Chun Fu in February.

MPCorp rose 1 sen or 9.09% to close at 12 sen, giving it a market capitalisation of RM34.52 million.
http://www.theedgemarkets.com/articl...ces-land-johor
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