Tuesday, June 11, 2019

Western Digital selling 2 assembly plants in Malaysia


 Western Digital, an American computer hard disk drive (HDD) maker and data storage company is selling its HDD assembly facilities in Sungei Way Free Trade Industrial Zone (FIZ) in Petaling Jaya.
  There are 2 facilities for sale - a 3.6-acre site and an 11-acre site - flanking the North Eastern and North Western corners of the Sungei Way FIZ respectively.

Western Digital in Petaling Jaya
  It is unclear how much Western Digital is selling the two sites for but it was reported in 2018 that the 11-acre site alone could fetch between RM160 million and RM190 million.




  Allan Sim, Executive Director of Capital Markets at Knight Frank Malaysia, the company appointed to help sell the two sites said, this is an opportunity for large manufacturers looking to expand their footprint in Malaysia with high-grade facilities ready for immediate operation.
  “It is rare for such a sizeable facility within an established FIZ to be made available to the market. Most existing FIZs within the Klang Valley are generally occupied," he said in a statement.

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