I'd Like to Learn More About This Peninsula(???) Keris

[A. G. Maisey]

Yes Jean, that is so.

and

Thank you Mickey.

So as a word "penyalang" is simply the name of type of keris in Malaysia, and a place name, no actual meaning as a stand alone word. This is in accord with my understanding, but the "pen" prefix would seem to permit it to stand alone.