Ark Resources Holdings Bhd (ARK) is acquiring three adjoining parcels of vacant leasehold land on Pulau Jerejak, for RM28 million cash, marking a strategic landbanking move that could pave the way for a future mixed-use development. The land, currently owned by Boustead Penang Shipyard Sdn Bhd, spans a combined 26.5 acres, ... Read More

The Penang Forestry Department, in collaboration with the Penang State Sports Council (MSNPP), is exploring the possibility of transforming Pulau Jerejak into an eco-extreme sports island, according to the department’s director Muhammad Ezhar Yusuf. Pulau Jerejak encompasses 367.02 hectares, with 286 hectares (77.88%) gazetted as permanent reserves under the National Forestry ... Read More