KUALA LUMPUR: Knight Frank Malaysia has been exclusively appointed by Panasonic Solar Energy Malaysia for the sale of its solar panel plant in Kulim Hi-Tech Park, Kedah.
Knight Frank said on Thursday the appointment for the sale of the 63-acre plant in industrial zone phase 2 of Kulim Hi-Tech Park followed Panasonic Group’s plan of ceasing solar production operations in Malaysia.
The plant occupies half of the land, comprising of a single-storey factory annexed to a two-storey office building and other utilities building with an approximately total build-up area of close to 70, 000 square metres.
The plant, a state-of-the-art facility was previously used to cater for the previous operation of solar module manufacturing.
Executive director of capital markets at Knight Frank Malaysia, Allan Sim (pic, below) said the facility was completed in 2013 and it is equipped…