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Pekat subsidiary EPE Switchgear buys six industrial land parcels for RM 30.58 million
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Pekat subsidiary EPE Switchgear buys six industrial land parcels for RM 30.58 million
  • Pekat Group's 60%-owned subsidiary EPE Switchgear agreed to buy six freehold industrial lots for RM 30.58 million.
  • The October 30, 2026, agreements with Sime Darby Property (Nilai) cover 38,108 square meters in Negeri Sembilan.
  • The land will support expansion of EPE's switchgear operations and the group's energy storage, transformer and substation businesses.
  • Internal funds or bank borrowings will finance the purchase, with payments tied to infrastructure progress.
  • Completion is expected upon vacant possession within 48 months of signing; EPE must begin construction within the subsequent 36 months.


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. Pekat Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721168) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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