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The High Court has fixed Dec 16 to deliver its decision on the amount of compensation the Malaysian government must pay to Semantan Estate (1952) Sdn Bhd. The compensation will be assessed based on 1956 market rates, following a long-running dispute over the government’s acquisition of the prime “Duta enclave” land along Jalan Duta here.

Penang on Tuesday launched its Publicity and Public Participation Programme for the Final Report of the Draft of the Penang Silicon Island Local Plan (RTPSI) 2050, which was specifically designed for a greenfield area or fully reclaimed development.

Sunsuria Bhd has completed its acquisition of an additional 41% equity interest in KL City Gateway Sdn Bhd (KLCG), raising its total shareholding from 20% to 61%, and consolidating KLCG as a subsidiary of the group.

Gagasan Nadi Cergas Bhd (KL:NADIBHD) has secured an en bloc sale of all 523 affordable housing units at its Idaman Casuarina 1 condominium project to the Selangor Housing and Property Board (LPHS) for RM134.4 million.

EXAL Malaysia carried out a community outreach initiative in collaboration with Majlis Perbandaran Padawan (MPP), benefiting 31 underprivileged families across Kuching.

Menara Merdeka 118 is set to be recognised by the Kuala Lumpur Fire and Rescue Department as the first building in Malaysia to implement the Automatic Fire Monitoring System (SPKA), marking a new benchmark in high-rise fire safety standards.

The government will explore a privatisation model for the proposed southern alignment of the West Coast Expressway (WCE), following deliberations at the 50th meeting of the National Physical Planning Council (NPPC) chaired by Prime Minister Datuk Seri Anwar Ibrahim.

Mah Sing Group Bhd (KL:MAHSING) is revising its masterplan for Southbay City in Batu Maung with an increased plot ratio and new gross development value (GDV) of approximately RM1.365 billion.

The purchaser, Digital Edge Data Centers, is a non-related party to Crescendo under Chapter 10 of Bursa Malaysia's Listing Requirements.