Massive Projects in Place to Alleviate Urbanisation in Penang | Malaysia | Malay Mail Online

Total Page:16

File Type:pdf, Size:1020Kb

Massive Projects in Place to Alleviate Urbanisation in Penang | Malaysia | Malay Mail Online 10/31/2016 Massive projects in place to alleviate urbanisation in Penang | Malaysia | Malay Mail Online Malaysia Massive projects in place to alleviate urbanisation in Penang BY OPALYN MOK OCTOBER 29, 2016 GEORGE TOWN, Oct 29 ― If you feel that Penang, especially the island, is getting crowded you are absolutely right. According to the Department of Statistics, the level of urbanisation in Penang at 90.8 per cent is among the highest after Kuala Lumpur, Putrajaya and Selangor. The population density of the northern state is also high at 1,490 persons per square kilometre in 2010 as compared to the most populous state, Selangor, that only has a population density of 674 persons per square kilometre. Nationally, the average population density stands at 86 persons per square Penang, especially the island, is highly urbanised and crowded... as can be seen from this picture of George Town. ― Picture by KE Ooi kilometre. If we look at the population distribution between the island and the mainland, almost half of the population is concentrated on the island, which is 45.8 per cent of the approximate 1.6 million people in the state as at 2012. “There is no question that Penang is one of the more urbanised states in the country and one of the focus of urbanised states is the needs of housing,” said Town and Country Planning and Housing committee chairman Jagdeep Singh Deo in an interview with Malay Mail Online. He said the need to address housing issues is quite acute and with urbanisation, there is also another issue to resolve ― traᨴc congestion. Spreading out from the island Highly aware of the rapid development and resulting urbanisation of the island, the Penang state government launched several projects to spread out the population and to resolve the traᨴc congestion that has become a major problem in recent years. According to Jagdeep, the state government launched its aᩔordable housing projects in all ᨄve districts of the state ― northeast district and southwest district on the island, North Seberang Perai, South Seberang Perai and Central Seberang Perai. “To date, we have 14 projects in all ᨄve districts but if we look at the numbers, Seberang Perai has the largest share of projects in all ᨄve districts,” he said. He said there is a need to spread out housing projects to districts other than the northeast district which is George Town where the main city and the Unesco Heritage Zone lies. “Although the island has attracted many private sector developers, it is not necessarily the case that none are interested in Seberang Perai as I have seen many developers applying to build projects on the mainland now,” Jagdeep said. This shift to the mainland could be due to two main factors ― lower land costs on the mainland and the scarcity of http://www.themalaymailonline.com/print/malaysia/massive­projects­in­place­to­alleviate­urbanisation­in­penang 1/3 10/31/2016 Massive projects in place to alleviate urbanisation in Penang | Malaysia | Malay Mail Online This shift to the mainland could be due to two main factors ― lower land costs on the mainland and the scarcity of land on the island. Jagdeep believes that there will be a natural spread of projects and the population to the mainland in the long run as projects increase there. According to Think City's chief operating oᨴcer Dr Neil Khor, the population at Central Seberang Perai is currently high but the land use is ineᨴcient so there is a need for a detailed development plan to maximise eᨴcient land use. Think City is currently undertaking an urban regeneration project in old town Butterworth, a portion of Central Seberang Perai. The district has the second highest number of population, of about 380,300 as compared to 733,600 for the whole island. “The whole idea of releasing the pressure of urbanisation in George Town is to spread it out and gentriᨄcation is moving to Butterworth,” he said. Khor said Think City is working together with the Seberang Perai Municipal Council to come up with a plan-led approach in reviving the old town and encouraging a more organised development of the area. “We are looking at projects that go in tandem with the local plan and structural plan and while we can't go in to improve the existing public housing projects here, we could improve the public spaces such as parks and a clean seafront for people,” he said. Batu Kawan and South Reclamation Scheme Batu Kawan is one of the sites that the state is focusing on to develop and become a natural site for the population to spread out to. “The ᨄrst phase of Bandar Cassia will be ready in December this year, there are already existing industries there and commercial outlets like Ikea is also coming up, soon we will see Batu Kawan coming up much like what happened to Taman Tun Dr Ismail in Kuala Lumpur,” Jagdeep said. He believes that it will be a natural phenomenon as once these commercial and residential aspects slowly take shape, many will start to set up and live there. “This is an answer to the saturated urbanisation that George Town is seeing right now,” he said. Another area to look at is the proposed South Reclamation Scheme (SRS) project on the southern side of the island where three man-made islands will be reclaimed to provide 4,500 acres of land space. “These three islands will have three components ― industrial to cater to the free industrial zone, commercial and residential,” Jagdeep said. He said the state government has agreed to allocate more than 25 per cent of the residential components on the three islands to aᩔordable housing. “I am still trying to negotiate for more aᩔordable housing units there but I am happy that at least 25 per cent has been allocated for this category,” he said. The SRS is part of the state's planned Penang Transport Master Plan (TMP) as it is meant to fund the ambitious RM27 billion project. Addressing housing woes While projects are underway in all ᨄve districts, there are also other measures that the Penang state government put in place to meet with current housing needs. One of it is the increase in density for housing projects from 30 units per acre to 87 per acre only for certain areas on the island. There are also certain areas that allow a density of up to 180 units per acre. However, there is a catch to this increased density as only aᩔordable housing projects for housing priced below RM300,000 can apply for such high density, said Jagdeep. “We only allow higher density developments for aᩔordable residential projects, we don't want developers to reap proᨄts from higher density projects,” he said. Also in the works, in tandem with the state's planned TMP, is a form of development called the transit oriented development (TOD) where density could even be higher than 180 per acre. An example of TOD is KL Sentral where commercial, residential and industrial developments are located in one area http://www.themalaymailonline.com/print/malaysia/massive­projects­in­place­to­alleviate­urbanisation­in­penang 2/3 10/31/2016 Massive projects in place to alleviate urbanisation in Penang | Malaysia | Malay Mail Online An example of TOD is KL Sentral where commercial, residential and industrial developments are located in one area and are connected by a transit point. “If we look at the main line of the LRT under the TMP, we can have TOD along the alignment especially at main stations along the line,” he said. The rationale is that with an LRT line, it takes away the need for private vehicles so even with higher density at TOD projects, it will not aᩔect the traᨴc in the area. Resolving traᨴc congestion Traᨴc congestion is probably one of the major issues that comes with urbanisation, particularly on the island side of the state. “That is why we have the TMP which is spearheaded by Chow Kon Yeow and it is now in the planning stage,” Jagdeep said. In the long run, the comprehensive transport plan that includes a connected network of LRT lines, bus routes and also monorails, will make Penang more connected while at the same time, alleviate the growing traᨴc congestion problem. Jagdeep said the state can't allow higher density for housing if the traᨴc can't cater to it so most housing projects are heavily dependent on the traᨴc impact assessment. That being said, Jagdeep believes that more of the population will slowly spread out from the northeast district in the island as the southwest district is now facing rapid urbanisation with more projects coming up. “I can foresee that there will be further sprawling and over᨜ow to outside the currently popularly dense area once it reaches saturation point,” he said. As it is, due to the increasing costs of housing and rental within the Heritage Zone of George Town, many are moving out of the core zone to surrounding areas. According to Khor, if calculated based on population, Butterworth has double the number of people as compared to the Heritage Zone due to the recent evictions and relocation of inner city residents. “Butterworth has a higher density and as gentriᨄcation moves this way, we can see that urbanisation will have spread here too,” he said. Copyright © 2016 | Malay Mail Online http://www.themalaymailonline.com/print/malaysia/massive­projects­in­place­to­alleviate­urbanisation­in­penang 3/3.
Recommended publications
  • Pa International Property Consultants
    PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD REAL ESTATE (PENANG) SDN BHD PA international Property Consultants Sdn Bhd formed in June 1980, is a full service real estate company registered with the board of valuers, appraisers & estate agents under the valuers, appraisers and estate agents act 1981. Our Network Offices: Our Professional Services: 1. Johor Bahru, Johor 1. Property Valuation 2. Kluang, Johor 2. Compulsory Land 3. Kuala Lumpur/ Petaling Acquisition and Jaya Compensation 4. Klang, Selangor 3. Property Selling & Leasing 5. Penang 4. Property Investment 6. Ipoh, Perak Consultancy 7. Seremban, Negeri 5. Project Marketing Sembilan 6. Property Management 8. Sungai Petani, Kedah 7. Corporate & Advisory 9. Ho Chi Minh City, Vietnam 8. Property Market Research (Representative Office) & Consultancy PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD PA international Property Consultants (Penang) Sdn Bhd was established in year 2014, head by Sr. Michael Loo as Executive Director. The company have undertaken valuations and related assignments for a number of Public listed and other established corporate entities, among which are: Tambun Indah Land Berhad Tah Wah Group Sdn Bhd Hai Hong Development Sdn Bhd Ivory Properties Group Berhad VST Group Sdn Bhd United Oil Palm Industries Sdn Bhd LBI Capital Berhad Sunrise Manner Sdn Bhd Hwa Huat Livestock Industries Sdn Bhd Hua Yang Berhad Metro Jelata Sdn Bhd Jeenhuat Foodstuffs Industries Sdn Tatt Giap Group Berhad Sunway Properties Berhad Bhd Wing Tai Malaysia Berhad Asia Plywood Company SL Airmas Development Sdn Bhd Heng Huat Resources Group Berhad Berhad Chye Seng Sdn Bhd Boon Koon Group Berhad VST Group Sdn Bhd The Light Hotel (M) Sdn Bhd B.
    [Show full text]
  • Lampiran a Senarai Kilang-Kilang Yang Beroperasi Memproses Sisa Plastik
    LAMPIRAN A SENARAI KILANG-KILANG YANG BEROPERASI MEMPROSES SISA PLASTIK IMPORT DI NEGERI PULAU PINANG KAPASITI DILULUSKAN/ BIL NAMA SYARIKAT ALAMAT PREMIS DAERAH BULAN (METRIK TAN) 875, Lorong Perusahaan Ringan BTL RESOURCES SDN Juru 3, Kawasan Perusahaan SEBERANG PERAI 1 1100 BHD Ringan Juru, 14100 Simpang TENGAH Ampat, Pulau Pinang Plot 157-A, Mukim 13. Jalan Perindustrian Bukit Minyak 7, CENTURY SURF SDN. SEBERANG PERAI 2 Kawasan Perindustrian Bukit 5 BHD TENGAH Minyak, 14000 Bukit Mertajam, Pulau Pinang. No. 1001, Jalan Perindustrian Bukit Minyak, Kawasan CYCLE TREND SEBERANG PERAI 3 Perindustrian Bukit Minyak, 300 INDUSTRIES SDN BHD TENGAH 14000 Bukit Mertajam, Pulau Pinang. No. 2, Lorong Industri 15, DRAGON ALLIANCE Kawasan Industri Bukit Panchor, SEBERANG PERAI 4 3000 SDN BHD 14300 Nibong Tebal, Pulau SELATAN Pinang. 775, Jalan Perindustrian Bukit ECOLOGY TRADE SDN Minyak 7, Taman Perindustrian SEBERANG PERAI 5 6000 BHD Bukit Minyak, 14100 Simpang TENGAH Ampat, Penang. No 1 Lintang Beringin 8, Diamond Vallley Industrial Park, 6 EMBATECH SDN BHD off Jalan Permatang Damar DAERAH BARAT DAYA 20 Laut, 11960 Bayan Lepas, Pulau Pinang. 4988, Lot 527, Mukim 13, ESH RESOURCE Disebelah Jalan Kmpung Juru, SEBERANG PERAI 7 MANAGEMENT SDN 4 14000 Bukit Mertajam, Pulau TENGAH BHD Pinang 1ID10/18 LAMPIRAN A KAPASITI DILULUSKAN/ BIL NAMA SYARIKAT ALAMAT PREMIS DAERAH BULAN (METRIK TAN) No 4 Jalan Pala 6, Imperial GLOBECYCLE Industrial Park, Permatang SEBERANG PERAI 8 MANUFACTURING SDN 5 Tinggi, 14000 Bukit Mertajam, TENGAH BHD Pulau Pinang Plot 88A, Jalan Perindustrian Bkt Minyak, Kawasan IRM INDUSTRIES SEBERANG PERAI 9 Perindustrian Bukit Minyak, 1440 (PENANG) SDN BHD TENGAH 14000 Bukit Mertajam, Pulau Pinang NO.49, Lorong Mak Mandin 5/3, KHK RECYCLE SDN Kawasan Perindustrian Mak SEBERANG PERAI 10 2 BHD Mandin, 13400 Bukit Mertajam, TENGAH Pulau Pinang.
    [Show full text]
  • Chapter 2: Penang's Macroeconomic Performance
    Penang Economic and Development Report 2017/2018 22 Penang’s Macroeconomic 22 Performance 2.1 Output performance down from 8.7% in 2016 to 6.2% in 2017, it still exceeded the national average (1%) (Figure 2.2). The Penang’s economy has been growing at an average manufacturing and services sectors have been the rate of 5.6% over the past seven years (Figure main contributors to Penang’s GDP over the past 2.1). The state’s GDP growth slowed down by 0.3 seven years. In fact, Penang’s economic structure percentage point to 5.3% in 2017, mainly due to is mainly manufacturing- and services-oriented. In the negative 10.1% growth rate in the construction 2017, the services sector accounted for 49.3% of sector. Agricultural and manufacturing sectors GDP, while 44.8% was from the manufacturing sector registered the higher growth rates at 2.2% and 5.7%, (Table 2.1). However, the agricultural (2%), mining respectively, in 2017 compared to 2016, while the and quarrying (0.1%), and construction (2.6%) services sector remained at 5.6%. Although growth sectors were less significant, altogether accounting in Penang’s mining and quarrying sector had slowed for only 4.7% of Penang’s GDP. Figure 2.1 GDP growth in Malaysia and Penang, 2011–17 (at constant 2010 prices) 9.0 8.0 8.0 7.0 6.0 5.9 6.0 5.4 5.6 5.5 5.4 5.3 5.3 5.1 5.0 5.0 4.5 4.7 4.2 4.0 Percentage 3.0 2.0 1.0 0.0 2011 2012 2013 2014 2015 2016 2017 Malaysia Penang Source: Department of Statistics, Malaysia.
    [Show full text]
  • Seberang Perai(PDF)
    31 October 2014 (Friday) Pacifico, Yokohama, Japan DATO’ MAIMUNAH MOHD SHARIF MUNICIPAL PRESIDENT MUNICIPAL COUNCIL OF SEBERANG PERAI (MPSP) PENANG, MALAYSIA To cut emissions 3 categories; energy efficiency, low carbon technologies and halt deforestation Malaysia is adopting an indicator of a voluntary reduction up to 40 percent in terms of emissions intensity of GDP by the year 2020 compared to 2005 levels National Green Technology Council chaired by Malaysia Prime Minister, Penang Green Council, MPSP Level- Green Office Vision is for energy, economy, environment & society 2 To assists local authorities, townships developers, designers and individuals in accessing whether developments carried out within the city contribute towards the reduction or decrease in Green House Gases (GHG) 3 Incentives Carbon trading & regulation Increase technology support Ecological footprint Engagement with the public or residents 4 Less pollution Better Health GOOD Cleaner transport QUALITY OF LIFE Protects water supply Controls Flooding Provide bio-diversity 5 THINK GLOBAL ACT LOCAL 6 SEGREGATION AT SOURCE WASTE GENERATORS PAY: To reduce cost at landfill To reduce wastage and as a source for other beneficial output/ activities To involve industries in recycling to reduce waste To encourage innovation and productions of new item base on industrial and commercial waste To increase the life- span of existing sanitary landfill To encourage zero waste, waste minimization and low carbon initiative. 7 MOU with Kawasaki, Japan- Waste to
    [Show full text]
  • Planning of Eco-City & Green Technologies in Province Wellesley
    Planning of Eco-City & Green Technologies in Province Wellesley, Penang, Malaysia Presented by Hon Mr Phee Boon Poh Penang State Minister for Welfare, Caring Society & Environment 14th Asia Pacific Eco-Business Forum 1 2 PENANG, MALAYSIA • Penang Island was established in 1786 by Capt. Francis Light of the British East India Company • Mainland Penang (Province Wellesley) was occupied in 1790, and placed together under the administration of Straits Settlement. • Independence since 31 Aug 1957 • George Town, a port town, was developed as hub for trading, commerce and culture. • .Country : Malaysia • Coordinates: 5o24’N 100o 14’E • Area: 1,048 km2 • Population: 1.6 million (as of 2010) • GDP : RM 49.5 billion (as of 2010) Facets of Penang 3 UNIQUENESS OF WHS Community & Culture 4 Learning experiences from Kawasaki City • Relationship and exchanges with Kawasaki City through UNEP-IETC & GEC since 2014 –visit eco-fairs & eco-Business Forums • Learnt about Ecotown, low carbon city, 3Rs and green efforts • Incorporated Kawasaki experiences in developmental planning • Develop Penang’s own Ecotown using concepts and principles learnt • Identified Green field area for new industrial area and township development on mainland with the Penang Development Corporation (PDC) • Hence the development of the Eco-city at Batu Kawan 5 6 Guideline Preparation MPSP has come out a comprehensive guideline on Eco- City Batu Kawan. Various technical agencies and stakeholders were also involved in preparing this guideline even though limited knowledge and experience
    [Show full text]
  • CV Caryn Koh Rev 3.0 (2020)
    Caryn Koh (formal name: Koh Hooi San) Born: 1987 in Kuala Lumpur, Malaysia Diploma in Fine Art, Dasein Art Academy, Kuala Lumpur, Malaysia Caryn Koh is a qualified medical doctor who who left medicine to rediscover her passion in the visual arts. She has since obtained her Diploma in Fine Arts from Dasein Art Academy, and is part of the loose collective Titikmerah, based in Publika, Kuala Lumpur. She currently resides in the U.K. Caryn is intrigued by the human mould, the physique as well as the emotional and psychological make-up of individuals. Within this construct, she believes the various human interconnections, be they by blood or otherwise, creates another dynamic to our being. She is most well-known for her Sekolah (School) Series of illustrations in pen and color pencil, the national school uniform a metaphor for the limitations set upon us by others. These have been drawn in various situations based on Caryn’s own personal experiences, or thoughts at the moment on current affairs that resonate with her. In terms of artwork mediums and formats, Caryn is one who isn’t afraid to experiment. Her body of work up to now has covered various forms, from drawings to large scale murals, installations, audio and video-based art. Awards 2020 Cancer Research Malaysia Mask Design Winner Psychology In Seattle Artist Grant 2020 2018 Shortlist, The Derwent Art Prize, United Kingdom 2017 Outstanding Achievement Award in Fine Art, Dasein Art Academy Shortlist, UOB Painting of the Year Award, Emerging Artist 2016 2nd Place, Tanjong Heritage Competition (Printmaking) Shortlisted, Nando’s Art Initiative 2016 – “Your Art, Your Story” Solo Exhibitions 2020 Within These Walls, Mams Gallery, Swindon, United Kingdom 2019 Bonds, Titikmerah Collective, TTDI, Kuala Lumpur, Malaysia 2018 as deep as I could remember, as far as I could see, Artemis Art, Publika, Kuala Lumpur, Malaysia Artemis Corporation Sdn Bhd (848708-W) Lot 21 & 22 Level G4 Publika@Dutamas, Block C5 Solaris Dutamas, No.
    [Show full text]
  • Seberang Perai Low Carbon City Definition
    Global Covenant of Mayors for Climate and Energy : Urban adaptation to climate change 21st March 2019 Climate Change Actions : Seberang Perai’s Experience on Climate Change Adaptation and Mitigation Speaker: Ahmad Zabri Mohamed Sarajudin Director of Crisis Management Department, Seberang Perai SEBERANG PERAI EXPERIENCE ON CLIMATE CHANGE SEBERANG PERAI EXPERIENCE ON CLIMATE CHANGE 3,256 171,428 houses 162 cars people affected trapped affected 9,636 358 1 Person 15 cars people Died houses affected relocated affected 362mm 15,942 tonnes rainfall within 12 days Solid Waste 6 consecutive for collected hours recovery RM11.3M 11,323 1,194 trees Economic Warriors uprooted Loss SEBERANG PERAI Aspiring City Of Tomorrow Citizen Cashless Public Participation Payment Reporting System System System Smart Industry Data 4.0 Exchange Smart Street Platform Light Flood Management Digital System Signage Smart & Smart Sustainable Parking Building Smart & Smart Smart Solid Smart Integrated Sustainable Traffic Waste Learning Command Hawkers Complex Light Management Center Center Vision Seberang Perai Resilient, Inclusive, Green, Competitive and Technology Driven Smart City Mision To provide urban service, development planning and infrastructure efficiently, effectively and responsive to the needs of the community in Seberang Perai Corporate Value We work collaboratively across organization and communities to improve outcome, value for money and services 7Ps INCLUSIVE PARTNERSHIP Guiding Principles MODEL “City for all” •Improve governance and inclusiveness •Accessibility
    [Show full text]
  • Highline Residences Understand Your Credit Report Property Markettrends 2015 Designer
    (w/GST) S$5.80 PRICE: Apr 2015 Apr - Mar Singapore Property Singapore Property International Property Highline Residences Understand Your Credit Report Credit Understand Your Property Market Trends 2015 MarketTrends Property Designer A Property ThatGoesAboveAndBeyond A Property Homes Crowdfunders Magazine Con t e n t s SINGAPORE PROPERTY ANALYSIS 4 Property Market Trends for 2015 6 SRX Residential Property Flash Report (Feb 2015) 9 SRX Residential Property Flash Report (Jan 2015) 11 SRX Residential Property Flash Report (Rental Market) PROPERTY SPOTLIGHT 12 SEA’s First Real Estate Crowdfunding Site CoAssets’ seals S$1 million investment – CoAssets FINANCE 13 Understanding Your Credit Report by Credit Bureau PROPERTY SHOWCASE 20 14 A property that goesAbove and Beyond – Highline Residences 16 A New Level of Inclusiveness – Sims Urban Oasis 18 The New Treasure in Jurong Lake District – Lakeville 20 The Gem of the East – Meridian 38 22 Crown At Robinson INTERNATIONAL PROPERTY ANALYSIS 52 Penang Real Estate Market – Henry Butcher Malaysia Sdn Bhd PROPERTY SHOWCASE 50 Bridging Possibilities In Phnom Penh – The Bridge 22 EVENT 62 Piscine SPLASH! Asia DESIGNER HOMES returns to Singapore and announces new show features 64 Adventure Home - Rezt & Relax Interior 70 Art Party - I-Bridge Design Pte Ltd 74 to Back Cover CROWDFUNDERS Magazine HOMEBUYERS: MCI(P)131/11/2014. ISSN 0129 - 8703 is published Bi-monthly available at bookstores & newstands at S$5.80 (w/GST). Publisher: PROPERTY MEDIA, 808 French Road #07-163 Kitchener Complex Singapore 200808. Tel: (65) 6294 4588 Fax: (65) 6294 5812. Email: [email protected]. (This issue of Homebuyers come with Crowdfunders magazine).
    [Show full text]
  • ASPEN (GROUP) HOLDINGS LIMITED Company Registration No.: 201634750K (Incorporated in the Republic of Singapore)
    ASPEN (GROUP) HOLDINGS LIMITED Company Registration No.: 201634750K (Incorporated in the Republic of Singapore) RESPONSE TO QUESTIONS FROM SECURITIES INVESTORS ASSOCIATION (SINGAPORE) ON ANNUAL REPORT 2019 The Board of Directors (the “Board”) of Aspen (Group) Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) refers to the questions raised by the Securities Investors Association (Singapore) (“SIAS”) relating to the Company’s Annual Report for the financial year ended 31 December 2019 (“Annual Report 2019”) and appends the replies as follows: SIAS Question 1: As noted in the Corporate milestones, in 2019, the group completed the Vervea commercial precinct which is the first phase of Aspen Vision City’s masterplan. This was followed by the opening of Ikea and IKEA Meeting Place in March 2019 and December 2019 respectively. The group is targeting to complete Vertu Resort and Beacon Executive Suites in 2021, although the completion dates may be delayed due to the COVID-19 outbreak. Other projects include: - Vivo Executive Apartment (expected TOP: 2023) - Viluxe (Phase1) (expected TOP: 2023) - Vogue Lifestyle Residence As at 31 December 2019, TRI PINNACLE and Beacon Executive Suites have achieved sales of 91% and 64% respectively. Vervea and Vertu Resort are 89% and 71% sold respectively. (i) With sales of 91% achieved, there are approximately 110-120 units left at TRI PINNACLE. What are management’s plans for the remaining units of TRI PINNACLE? The TOP for the project was obtained in December 2018. (ii) Can management confirm that it is the group’s strategy to sell the units in commercial developments (for example, Vervea) and thus it would not be building up an investment portfolio for recurring income at this stage of the group’s growth? It was stated the group envisioned the investments in Aloft Hotel, the Regional Integrated Shopping Centre and the Shah Alam Integrated Logistics Hub would contribute to its recurring income in years to come.
    [Show full text]
  • High-Level Roundtable Discussion on Smart Sustainable Cities World Smart Sustainable Cities Organization
    High-level Roundtable Discussion on Smart Sustainable Cities World Smart Sustainable Cities Organization Mr. Kyong-yul Lee Secretary General WeGO | World Smart Sustainable Cities Organization WHAT IS WeGO? INTERNATIONAL ORGANIZATION OF 131 CITIES + 5 NATIONAL ICT INSTITUTIONS + 7 CORPORATE MEMBERS • President City: Seoul • Executive Vice President City: Makati • Vice President Cities: Addis Ababa, Beyoğlu, Ha Noi, Jakarta, Mexico City, Moscow, Ulyanovsk Region • Executive Committee Member Cities: Bucharest, Chengdu, Goyang, Hebron, Khartoum State, Kigali, Nairobi, Pittsburgh, Seberang Perai, Ulaanbaatar • Regional Offices: Asia, Europe, Latin America, Mediterranean • Secretariat: Seoul Global Center 7F, South Korea WeGO | World Smart Sustainable Cities Organization WeGO MEMBERS 20 5 44 65 143 MEMBERS WORLDWIDE VISION: Smart Sustainable Cities for All • Innovative cities that leverage digital technology and connectivity to improve quality of life, efficiency of urban operation and services, and economic prosperity for all citizens, while ensuring long-term economic, social and environmental sustainability MISSION • To promote and facilitate the transformation of cities to Smart Sustainable Cities worldwide; • To be a global platform for cities to enhance their digital capabilities and leverage their innovation potentials in order to develop transformative solutions; and • To foster international exchange, cooperation, and learning among cities. WeGO | World Smart Sustainable Cities Organization WeGO ACTIVITIES 1. Capacity Building 3. Knowledge
    [Show full text]
  • Aspen Group Together with Oxley Holdings Aim to Bring Mixed-Use Integrated Development with Modern Conveniences to Air Itam
    PRESS RELEASE - FOR IMMEDIATE RELEASE Aspen Group together with Oxley Holdings aim to bring mixed-use integrated development with modern conveniences to Air Itam ▪ The Group together with Oxley Holdings Limited are investing RM165 mil to acquire a total of 7 pieces of freehold land measuring 29.05 acres (1.27 million sq ft) in Paya Terubong via a conditional sale and purchase agreement with Geo Valley Sdn Bhd ▪ The proposed development is a mixed-use development comprising residential towers, service apartments, retail lots and a community centre ▪ The land is strategically located within a matured suburban township serving a community as many as 400,000 people. ▪ The development will benefit from existing daily lifestyle amenities and well- connected excellent infrastructure in a matured residential township, including the ongoing Jalan Bukit Kukus Highway Project which will eventually link the Air Itam township to the FTZ area of Bayan Lepas, Penang International Airport and two Penang Bridges via the future Pan Island Link Singapore, 22 June 2019 – Aspen (Group) Holdings Limited (“Aspen” and together with its subsidiaries, the “Group”), today announced that its subsidiary company, Aspen Park Hills Sdn Bhd signed a conditional sales and purchase agreement with Geo Valley Sdn. Bhd., to acquire a total of seven pieces of freehold land measuring 29.05 acres in Paya Terubong for RM165mil. Geo Valley Sdn. Bhd. will also invest 25% equity in Aspen Park Hills Sdn Bhd. Parts of the land are currently approved by the local council for mixed development and for the construction of part of the Jalan Bukit Kukus paired road linking Thean Teik Highway from Air Itam to Jalan Paya Terubong.
    [Show full text]
  • ISO 14001 Certification
    CERTIFICATE Certificate Number: 141099.01 With One Page Addendum The Environmental Management System and implementation of: Western Digital Technologies, Inc. With central functions at: 5601 Great Oaks Parkway San Jose, CA 95119-1003 United States meets the requirements of the standard: ISO 14001:2015 Scope: Manufacturing of Storage Solutions and Components Certificate Expires: April 17, 2024 Certificate Reissued: April 25, 2021 Certificate Issued: April 18, 2021 Certified Since: June 25,1995 Dr. Cem O. Onus Managing Director DEKRA Certification, Inc. 1120 Welsh Road, Suite 210 North Wales, PA 19454 USA (215) 997-4519 www.dekra.us/en/audits CERTIFICATE ADDENDUM Certificate Number: 141099.01 Addendum Page: 1 of 1 Certificate Expires: April 17, 2024 Certificate Reissued: April 25, 2021 The Environmental Management System and implementation of: Western Digital Technologies, Inc. meets the requirements of the standard: ISO 14001:2015 Site Address Scope per Site: Western Digital Technologies, Inc. (Central Function) Central management of the EMS 5601 Great Oaks Parkway, San Jose, CA 95119-1003, United States HGST, Inc. Manufacturing of Storage Solutions Wafer Fab Manufacturing and Components 5601 Great Oaks Parkway, San Jose, CA 95119-1003 United States HGST Malaysia Sdn. Bhd. Manufacturing of Storage Solutions Sama Jaya Free Industrial Zone, Muara Tabuan, Kuching, and Components Sarawak, Malaysia 93450 Western Digital Storage Technologies (Philippines) Corp. Manufacturing of Storage Solutions 109 Technology Avenue, Special Export Processing Zone, and Components Laguna Technopark, Binan City, Laguna, Philippines 4024 HGST (Shenzhen) Co., Ltd. Manufacturing of Storage Solutions #7 Lanhua Road, Futian Free Trade Zone, and Components Shenzhen, P.R. China 518038 Manufacturing of Storage Solutions HGST Japan, Ltd.
    [Show full text]