SWS Capital Berhad has announced the disposal of a piece of industrial land in the high-growth Batu Kawan Industrial Park to UWC Berhad for a total cash consideration of RM13.0 million.
The deal, formalised on April 24, 2026, involves SWS Capital’s wholly-owned subsidiary, entering into a Sale and Purchase Agreement with UWC Industrial Sdn Bhd, a wholly-owned unit of the Main Market-listed UWC Berhad.
The property consists of a 60-year leasehold industrial plot (expiring in 2076) located at Persiaran Cassia Selatan 4, Taman Perindustrian Batu Kawan. SWS Capital stated that the disposal is a strategic move under its ongoing group-wide rationalization exercise.
By offloading the asset, the SWS Group aims to unlock the value of its long-term investments. The board noted that the proceeds would be redeployed into other ventures within its existing operating units to optimize capital efficiency.
The acquisition by UWC Industrial aligns with the purchaser’s core business in precision sheet metal fabrication, value-added assembly services, and contract manufacturing for automated test equipment.
UWC Industrial, which already maintains a significant presence in Batu Kawan, is expected to utilise the newly acquired land to bolster its manufacturing capacity. The company is led by industry veterans Dato’ Seri Ng Chai Eng and Dato’ Lau Chee Kheong.
The transaction is expected to strengthen SWS Capital’s liquidity position. Batu Kawan has become one of Malaysia’s most sought-after industrial hubs, attracting global technology and semiconductor players, which has seen land values in the area appreciate significantly over the last several years.
