Lim Seong Hai Capital Bhd (KL:LSH), a construction and engineering firm, has filed for an initial public offering (IPO) as part of its listing transfer to the ACE Market, from the LEAP Market.

Proposals under the National Housing Policy, including the provision of long-term housing loans, will be discussed by the Finance Ministry with Bank Negara Malaysia (BNM) and the Housing and Local Government Ministry.

Sunway Bhd’s (KL:SUNWAY) unit Sunway Developments Pte Ltd (SDPL), together with Hoi Hup Realty Pte Ltd, have been awarded a parcel of land by the Housing and Development Board of Singapore.

KJTS Group Bhd (KL:KJTS) said on Thursday that it has secured a subcontract worth RM12.3 million for a data centre project in Selangor.

Construction and property development company MGB Bhd (KL:MGB) said it will undertake mixed development and residential projects on 26 acres of land in Taman Bukit Serdang, Seri Kembangan with a combined gross development value (GDV) of RM861.35 million.

Real estate advisory firm AREA Group of Companies, through its special purpose vehicle Data Gateway Sdn Bhd, signed a sale and purchase agreement with Northern Gateway Sdn Bhd to purchase 30 acres of industrial land in Delapan, Kedah, to develop the first phase of its hyperscale data centre campus called AREA Data Centre Campus (ADCC).

The High Court on Thursday dismissed 31 appeals by Projek Muara Sdn Bhd, the proprietor of Empire Remix, a mixed-use development in Subang Jaya, Selangor, to be struck out as a party in the claim filed by 31 purchasers, and ordered the case to proceed to full trial at the Sessions Court.

More China-based companies have expressed interest in being off-takers to set up manufacturing facilities within UEM Sunrise Bhd’s (KL:UEMS) Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor.

The Selangor state government will exempt property developers from development charges for projects of several affordable housing schemes, including Rumah Idaman and Rumah Selangorku Harapan, effective January next year, according to Selangor state housing and culture exco Datuk Borhan Aman Shah.

The Cabinet, at a meeting on Tuesday, approved the adoption of the Data Centre Planning Guidelines (GPP) developed by the Ministry of Housing and Local Government through the Town and Country Planning Department (PLANMalaysia).