Deal for TRX land sale being finalised, says Tabung Haji chairman
KUALA LUMPUR (May 26): Lembaga Tabung Haji is in the midst of finalising the sale and purchase agreement for the sale of the 0.
Boustead 1Q net profit plunges 99.8%
KUALA LUMPUR (May 25): Boustead Holdings Bhd's net profit for the first quarter ended March 31, 2015 (1QFY15) has plunged 99.
1MDB RM42 billion now part of TRX, Bandar Malaysia landbank, says Najib
KLANG (May 17): Prime Minister Datuk Seri Najib Razak yesterday insisted that state fund 1Malaysia Development Bhd's (1MDB) RM42 billion was not lost, saying that the money was now part of the Tun Razak Exchange (TRX) and Bandar Malaysia landbank.
Who decided to sell Bumi land to 1MDB, asks PAS
KUALA LUMPUR (May 14): With the controversy over the sale of 1Malaysia Development Berhad's (1MDB) land in the Tun Razak Exchange (TRX) financial district to Lembaga Tabung Haji still raging, a PAS leader has upped the ante by asking who made the decision to sell the land, originally earmarked for Bumiputera, to the state investment vehicle.
KWAP’s explanation creates confusion
KUALA LUMPUR (May 13): In response to media reports that it has bought land in 1Malaysia Development Bhd’s (1MDB) project Tun Razak Exchange (TRX) to build its head office, Kumpulan Wang Persaraan (KWAP) yesterday came forward to explain the situation.
Indonesia’s Mulia Group buys RM665 million TRX land
KUALA LUMPUR (May 13): Debt-laden 1Malaysia Development Bhd (1MDB) today announced it has sold land for RM665 million to Indonesia's Mulia Group to build its Signature Tower in the Tun Razak Exchange (TRX), a week after news broke out of a controversial land purchase by Lembaga Tabung Haji.
Tabung Haji may suffer loss despite RM5 million ‘profit’ in TRX land sale
KUALA LUMPUR (May 12): Pilgrims' fund Lembaga Tabung Haji's sale of a piece of land it purchased for RM188.
Make public statutory bodies’ investment dealings with 1MDB, says PKR
KUALA LUMPUR (May 11): PKR today demanded that statutory bodies which had business transactions with 1Malaysia Development Bhd (1MDB) list down all their transactions with the debt-laden strategic investor following reports that pensioners fund KWAP had bought a plot of land at the Tun Razak Exchange (TRX) from 1MDB.
KWAP to buy TRX land at 15% less than Tabung Haji
PETALING JAYA (May 11): Retirement Fund Inc (KWAP) will buy a parcel of land and building as its new headquarters at the Tun Razak Exchange (TRX) project in Kuala Lumpur City Centre, The Star reported today, with the price set for more than 15% lower than what Lembaga Tabung Haji had paid under its deal.
Not first time Tabung Haji ‘bailing out’ troubled companies
KUALA LUMPUR (May 10): Pilgrims' savings fund Lembaga Tabung Haji has been under fire the past few days over a multi-million ringgit land deal with 1Malaysia Development Bhd (1MDB), which critics see as an attempt to bail out the debt-ridden state investment arm.
