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Established on the 5th of November, 2004, investPenang is a non-profit entity of the State Government with the sole purpose of promoting investments within Penang. investPenang aims to sustain, rejuvenate and further promote business activity through continued investments and at the same time explore new growth areas which are profitable....more

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Sime Darby eyes larger healthcare market share PDF Print E-mail

Business Times, March 21, 2012


EXPANDING: Group mulls building new hospitals or buying stakes in existing ones in Indonesia and Penang.

SIME Darby Bhd is looking to set up new hospitals or buy stakes in existing hospitals in Indonesia and Penang, as it hopes to capture a larger share in the growing healthcare industry.

Analysts expects the Malaysian healthcare sector to grow by 15 per cent annually over the next few years. By 2015, private hospital services market in the country is expected to be worth RM13.79 billion.

"We are looking at Indonesia, specifically Jakarta. So far, we have undertaken a few market studies. It is still at the exploratory stage ... We are also seriously looking into the possibility of expanding in...

Sime Darby Healthcare looks at regional expansion PDF Print E-mail

By Sharidan M. Ali, The Star

March 21, 2012


PETALING JAYA: Sime Darby Bhd plans to expand its healthcare business under the Sime Darby Healthcare Group with a few more hospitals by 2016.

Sime Darby president and group chief executive Datuk Mohd Bakke Salleh said their five-year strategic blueprint had come out with a guideline for the division to grow the business not just within the country but to expand it in the region as well.

“We are currently looking at a few countries in the...

Phison’s silicon wafer plan PDF Print E-mail

ks puaBy David Tan, The Star

March 15, 2012

Its partner Silterra may produce essential components in Kulim

GEORGE TOWN: Phison Electronics Corp's partner Silterra Malaysia Sdn Bhd may undertake the production of silicon wafer in Kulim Hi-Tech Park for the flash memory chips to be developed and designed in Penang.

Phison chairman and chief executive officer Pua Khein-Seng told StarBiz that Silterra was now studying the feasibility of manufacturing the silicon wafer for the Phison's unit, which...

Solar panel factory in line with federal vision, says Lee PDF Print E-mail

The Star, March 15, 2012

NIBONG TEBAL: Penang has always ensured that its directions are aligned with federal policies, including the state's ongoing efforts to promote the solar photovoltaic (PV) industry here.

InvestPenang executive committee chairman Datuk Lee Kah Choon said that in support of the vision to make Malaysia a global PV hub, Penang had attracted Bosch Solar Energy to showcase the latest PV technology and safe manufacturing processes.

“The previous state administration...

Solar-panel plant: 'Concerns misplaced' PDF Print E-mail

dato lkc malaysiakiniMalaysiakini, March 14, 2012

State-owned investment arm InvestPenang has moved to deflect concerns about the  520 million euro solar-panel plant to be built in Batu Kawan by Germany’s Bosch Group.

InvestPenang head Lee Kah Choon pointed out that every industry produces waste.

"The critical component is whether it is properly treated and managed," he said in a statement.

"Solar energy industry is no different but environmental concerns of it being more serious than other


Batu Kawan solar plant is safe, says InvestPenang PDF Print E-mail

The Sun, March 14, 2012


GEORGE TOWN: State agency InvestPenang today announced that the RM2.05billion solar panel plant by German industrial giant Robert Bosch GmbH in Batu Kawan here is environmentally sound.

The agency’s executive chairman Datuk Lee Kah Choon noted that the Department of Environment (DOE) would ensure that the project followed the environmental guidelines.

“I am confident that the DOE will carry out checks rigorously to ensure the builders meets ts requirements...

Gold Jewellery exports expected to rise 7% PDF Print E-mail

By David Tan, The Star

March 13, 2012


GEORGE TOWN: The total value of exported gold jewellery products from Malaysia is seen increasing slightly by about 6.8% to RM4.5bil this year from the RM4.2bil in 2011, due to expected price stability this year.

Penang Goldsmith Association (PGA) chairman Joeson Khor told StarBiz that the price of gold was at present around US$1,680 per ounce, compared with US$1,900 per ounce at the end of August.

“Gold prices should remain quite stable for the...

Rising demand for LED testers from smartphone market seen PDF Print E-mail

inari_md tanBy David Tan, The Star

March 12, 2012


GEORGE TOWN: Penang-based semiconductor and electronics companies expect their products for the tablet and smartphone market segments to grow in the first quarter this year following a rise in global demand for smart mobile devices.

Elsoft Research Bhd managing director Tan Cheik Eaik said in an interview that the improved sales of light-emitting diodes (LED) testers for the smartphone and tablet markets would arrest the overall decline of the...

Pen drive inventor to invest in M’sia PDF Print E-mail

By Kong See Hoh, The Sun

March 12, 2012


PUA Khein-Seng, the Malaysian who made a name for himself and Taiwan by inventing the pen drive, is to set up shop in Malaysia in response to the government’s efforts to woo Malaysian talents home.

According to a report in Nanyang Siang Pau yesterday, Pua said his company Phison Electronics Corp will set up its integrated circuit design centre in Malaysia to help nurture local talent in high technology.

Sekinchan-born Pua, 38, told the daily...

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