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Chin Hin Group Founder Reduces Stake in NCT Alliance Bhd with Major Share Sale

Datuk Seri Chiau Beng Teik, the founder of Chin Hin Group Bhd (KL), has reduced his stake in NCT Alliance Bhd (KL) after selling 59 million shares via an off-market transaction. The sale, which occurred on Monday, decreased his holding in NCT Alliance from 8.06% to 4.48%, effectively removing him as a substantial shareholder. Sale Details and Impact The disposal of the 3.58% stake or 59 million shares...

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NCT Group Tops Out Remaining Towers of Grand Ion Majestic in Genting Highlands

NCT Group Tops Out Remaining Towers of Grand Ion Majestic in Genting Highlands NCT Group of Companies (NCT Group) has announced the topping out of the remaining two towers of its Grand Ion Majestic (GIM) mixed development, located in Genting Highlands, Pahang. With a gross development value (GDV) of RM1.6 billion, GIM is a significant project comprising three towers that include a total of 1,885 serviced...

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NCT Group Enhances Smart Industrial Park with RM25 Million MOUs

NCT Group Signs RM25 Million MOUs to Enhance NCT Smart Industrial Park in Sepang NCT Group, through its subsidiary NCT Smart Management Sdn Bhd, has signed five memoranda of understanding (MOUs) with different companies worth RM25 million to enhance its NCT Smart Industrial Park (NSIP) in Sepang. This announcement was made via a press statement released on Monday. Overview of NCT Smart Industrial Park...

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NCT Group’s Strategic MOUs Aim to Enhance Sustainability at NSIP

NCT Group's Strategic MOUs Aim to Enhance Sustainability at NSIP NCT Groupโ€™s subsidiary, NCT Smart Management Sdn Bhd (NCT Smart Management), has recently signed memorandums of understanding (MOUs) with KDEB Waste Management (KDEBWM) and Mentari Alam EKO (M) Sdn Bhd (MAEKO). These strategic collaborations aim to bolster the offerings and capabilities of the NCT Smart Industrial Park (NSIP), located in...

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NCT Ion Belian Garden: Final Phase Unveiled in Batang Kali

Step into the realm of luxury and modern living as NCT Group unveils the final phase of its Ion Belian Garden project, Precinct B-Phase 2, in the serene surroundings of Batang Kali. This exclusive development, comprising 186 units of single-storey terrace houses, has garnered immense interest, with 40% of the 128 units being swiftly claimed within a day of the launch. Elevating Living...

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NCT Group’s New Industrial Park in Kedah: A Game-Changer for Malaysia’s Economic Growth

In a significant move that underscores Malaysia's commitment to industrial growth and sustainability, the NCT Group of Companies has announced the development of a 127-acre commercial and industrial land into an industrial park at the Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah. This ambitious project follows a joint development agreement (JDA) signed with Northern Gateway Group...

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Sepang’s NCT Smart Industrial Park Aims for Net-Zero by 2050

The unveiling of the NCT Smart Industrial Park (NSIP) sales gallery in Sepang, Selangor, heralds a transformative phase for Malaysia's industrial sector. Spearheaded by the visionary NCT Group of Companies, this initiative is poised to revolutionize the conventional industrial park model by weaving sustainability into its foundational ethos. Situated in the vibrant region of Selangor, the NSIP is not just...

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NCT Alliance Bhd Unveils Wyndham Ion Majestic Hotel in Genting Highlands with Hard Rock Cafe Collaboration

In a significant move set to bolster Malaysiaโ€™s tourism and economic sectors, NCT Alliance Bhd (NCT) has unveiled its latest development, the Wyndham Ion Majestic Hotel in Genting Highlands. Marking a pivotal milestone, the initiative is further enhanced by a strategic partnership with the globally renowned Hard Rock International, heralding the inauguration of a Hard Rock Cafe atop the hotel. Datuk...

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Zhejiang UNITY Technology Partners with NCT Group to Establish Facility in Selangor Industrial Park

China's Zhejiang UNITY Technology Co. Ltd. has entered into a memorandum of understanding (MOU) with Malaysia's NCT Group of Companies, paving the way for the establishment of a new facility within the NCT Smart Industrial Park (NSIP) located in Sepang, Selangor. This collaboration represents a significant milestone for both parties and positions NSIP as an enticing destination for foreign investments in...

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NCT Alliance Commits to Completing Abandoned Property Projects in Line with Government Initiatives

NCT Alliance Bhd has reaffirmed its dedication to ensuring the completion and delivery of homes to homeowners, aligning with the Malaysian government's initiatives to address the challenges posed by abandoned property projects in the nation. The commitment comes in the wake of Prime Minister Datuk Seri Anwar Ibrahim's announcement of a special financing guarantee of RM1 billion in Budget 2024 to tackle...

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