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YTL Power partners with Guthrie, Bumi Assets to develop Selangor industrial park

PUBT·10/29/2026 10:42:31
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YTL Power partners with Guthrie, Bumi Assets to develop Selangor industrial park
  • YTL Power entered a joint venture with Guthrie and Bumi Assets on Oct. 29, 2026, to develop industrial land in Selangor.
  • The project covers approximately 1,623 freehold acres in Bukit Kerayong, planned as a light-to-medium industrial park with commercial components.
  • Bukit Kerayong Industrial Venture, its wholly owned subsidiary, and Bumi Assets will each hold 35% of Bukit Kerayong Industrial Developments.
  • Guthrie will hold the remaining 30% through SD Guthrie Land Ventures.
  • Under the transaction, Guthrie will sell the land to the joint venture for approximately RM 933.57 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YTL Power International Bhd published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.