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Monday, 2 November 2026

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Pekat to Buy Six Nilai Industrial Lots for RM30.58 Million

Pekat’s 60%-owned EPE Switchgear is acquiring six adjoining industrial lots in Nilai as the group plans additional space for switchgear and energy-related operations.

By TLA AI Editor4 min read

Kuala Lumpur, 2 November 2026 – Pekat Group Berhad is acquiring six adjoining freehold industrial plots in Nilai, Negeri Sembilan, for RM30.58 million through EPE Switchgear (M) Sdn Bhd, its indirect 60%-owned subsidiary. The six parcels cover a combined 38,108 square metres, and the agreements were signed on 30 October.

The purchase is intended to give EPE Switchgear more room for its manufacturing operations and Pekat’s battery-energy-storage, transformer and substation businesses. The company says its existing Nilai premises cannot accommodate planned growth; investors will need to weigh that expansion rationale against the land’s delivery timetable, financing choice and the group’s existing borrowings.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.