About Wellspring Residences

A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 residential units with built-up sizes ranging from 1,070 sq.ft. – 1,260 sq.ft.

Find out more about Wellspring Residences

Indium Corporation, a United States-based global materials supplier to the electronics assembly and semiconductor packaging industries, has officially opened its much-anticipated, high-technology manufacturing facility in Batu Kawan Industrial Park (BKIP) today.

The 37,500sq ft facility is located at Persiaran Cassia Selatan 3 in BKIP.

Indium Corporation president and chief operating officer Ross Berntson said the corporation has invested a total of RM250 million to set up the manufacturing facility.

“In addition to the new manufacturing facility, Penang also houses our Malaysia Tech Hub, a regional centre for the development of electronics assembly expertise and customer service, as well as a logistics and manufacturing support centre which is located on the island.

“Indium Corporation is proud to continue its more than 40-year history of doing business in Malaysia with the grand opening of our new manufacturing facility in Penang.

“This new facility will enable us to further support our customers in automotive, semiconductor, power electronics, e-mobility, industrial and computing and other markets,” Berntson said in his speech before Chief Minister Chow Kon Yeow officiated the grand opening ceremony of the new manufacturing facility today.

Also present were state Entrepreneurial Development, Trade and Industry Committee chairman Datuk Abdul Halim Hussain, InvestPenang chief executive officer Datuk Loo Lee Lian and Malaysian Investment Development Authority (Mida) chief executive officer Datuk Arham Abdul Rahman.

According to Berntson, the new manufacturing facility will also focus on its advanced solder paste, high-performance thermal materials, and innovative engineered solder products.

“This new facility has begun its manufacturing activities and will continue to expand the production capacity to better serve the company’s customers in Malaysia and the surrounding region, including Thailand and Vietnam,” he added.

Chow said Penang was excited and proud to welcome Indium’s presence here.

“Penang is pleased to be the choice location for Indium’s new manufacturing facility. The company’s investment decision serves as an acknowledgement of the skilled talent, well-developed infrastructure and resilient environment that the state holds.

“Being widely regarded as one of the major players in the global semiconductor industry, Penang’s robust electrical and electronics (E&E) ecosystem is believed to have paved the way for sustainable industry development, offering a competent platform for the players along the supply chain to participate and thrive,” he said.

Chow added that Penang is the economic powerhouse of the country.

“The state’s commendable performances in investment inflows and external trade have greatly attested to our resilient industrial ecosystem, which has always been the key factor that attracts investors’ interests.

“Penang also has been very successful in its transformation journey, which began in 1972.

“The five decades of industrial excellence have laid the groundwork for Penang to unlock its limitless potential.

“And holding on to the tagline for Penang’s 50th anniversary of industrialisation, ‘50 Years of Excellence and Beyond’, I am looking forward to witnessing our next leap.

“Rest assured that the state government via InvestPenang and other relevant state machinery, is committed to providing unwavering support to the investors.

“I look forward to a long-lasting business relationship with Indium, and once again, offer my sincere congratulations on their new facility,” said Chow.

Source: Buletin Mutiara

Ayana Residence is strategically and conveniently situated near a primary school, major routes and public amenities, this contemporary suites is the ideal location for an urban life as the exciting work, life and play options are right at your fingertips.

Join Jayamas Property for the soft launching of Ayana Residence at Jayamas Property Sales Gallery on 5th & 6th November 2022 to find out more about this low-density affordable home in Butterworth!

The Penang government, through the Penang Island City Council (MBPP), launched the publicity and public participation programme for the 2030 Local Plan (island) Draft (DRTPP2030) in George Town today.

Spearheaded by MBPP, the Local Plan is an official document that contains a list of comprehensive development planning strategies on the island until 2030.

MBPP mayor Datuk Yew Tung Seang said the plan contained seven key areas and 58 action plans.

The mission of the Local Plan is to drive Penang towards a smarter, greener and harmonious state.

The seven pillars include employment centre and potential investment areas, housing, mobility and transport, environment and ecosystem services, disaster management, heritage, and infrastructure and utilities.

“The purpose of this publicity and public participation programme is to ensure the people are in the know of the developments in Penang while getting their feedback and opinions on the proposed initiatives.

“This is important because we are a state that prioritises the needs of the people.

“And as for making our state smarter, greener and a harmonious environment for all, this Local Plan is highly driven based on existing state policies, such as the Penang2030 vision and the Penang Structure Plan 2030.

“With that, I encourage the public to actively participate in this programme,” Yew said during the announcement of the programme at the Syed Al-Attas Mansion in Armenian Street today.

The programme, which started on Oct 14, will be held until Dec 13 this year; and it will be held at two venues, namely, the Syed Al-Attas Mansion and Makerspace in Balik Pulau.

In a related development, the Local Government Act 1976 has stated that the public has the right to provide its views and objections, if any, to the Local Plan draft before it gets approved by the state government.

Meanwhile, Chief Minister Chow Kon Yeow, who was present to officiate the ceremony, thanked the mayor and his team at MBPP for their effort in making this programme a reality.

“This is not just any draft but a document that will play a key role in attracting more investments to Penang in the future.

“This Local Plan draft must be carried out in the most responsible manner, full of integrity, efficiency and accountability for the benefit of the people and our state,” Chow said in his speech.

Also present during the event were state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo and state Entrepreneurial Development, Trade and Industry Committee chairman Datuk Abdul Halim Hussain.

Source: Buletin Mutiara

Marina 129, a proposed waterfront development by Bintang Holdings Sdn. Bhd. in George Town. Strategically located along the main thoroughfare of Jalan Sultan Ahmad Shah or popularly known as the Millionaire Row. It is less than 500 meters away from Eastern & Oriental Hotel, with a nice beachfront and panoramic view of the majestic Andaman Sea.

This development comprises a 23-storey high-rise building, featuring 264 serviced residence units with rooftop facilities. The car park will be located at the basement level and there will also be 8 units of shop lots located at the ground level.

The project is now pending approval with more details to be available upon official launch.

Project Name: Marina 129
Location : George Town
Property Type : Mixed development
Built-up Size: (to be confirmed)
Total Units: 274
Land Tenure : (to be confirmed)
Last Updated: July 2023
Indicative Price : (to be confirmed)
Developer: Bintang Holdings Sdn. Bhd. (Low Yat Group)

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.