Kuala Lumpur, 6 July 2026 – Berjaya Property Berhad has entered into a US$320 million joint venture with Wanli Tire Co Ltd to establish a high-performance tyre manufacturing hub in Malaysia, marking a major industrial investment that strengthens the country’s position in regional manufacturing and export supply chains.

The joint venture agreement was signed between Berjaya Property’s wholly owned subsidiary, Alam Baiduri Sdn Bhd, and Trusmax Investment Co Ltd, a wholly owned subsidiary of Wanli Tire, one of China’s leading tyre manufacturers.

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Abigail Cheong
I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.