PETALING JAYA (Sept 24): The Merdeka PNB118 skyscraper coming up near Stadium Negara here will become an alternative location to Kuala Lumpur City Centre (KLCC), said its developer PNB Merdeka Ventures Sdn Bhd.
PETALING JAYA (July 14): A 700m building tentatively named Tower M will come up within the Kuala Lumpur City Centre development after 2030, dwarfing the 630m Menara PNB 118 which is slated for completion in 2024, reported The Edge Malaysia weekly.
KUALA LUMPUR (June 28): There appears to be a sense of “renewed confidence” in the Tun Razak Exchange (TRX) development, following the country’s 14th general election (GE14) that saw a change in government for the first time in Malaysia since its independence from Britain, according to the project owner and master developer TRX City Sdn Bhd.
PETALING JAYA (JUNE 4): Indonesia commercial property developer Mulia Group, who owns 49% of the Exchange 106 office building at Tun Razak Exchange (TRX) in Kuala Lumpur, is seeking guidance from the new Malaysian government on the project.
PETALING JAYA (June 2): The development of The Exchange 106 (formerly known as Signature Tower) in the Tun Razak Exchange (TRX) international financial district required financing from the Ministry of Finance (MoF), which was not reflective of the 49:51 shareholding structure of the project between the ministry – via its unit MKD Signature Sdn Bhd - and Indonesia’s Mulia Group.
PETALING JAYA (May 28): Investors of the Tun Razak Exchange (TRX) financial district in Kuala Lumpur are seeking clarity on the status of its development as it comes under review by the new Pakatan Harapan (PH) government, reported The Star.
KUALA LUMPUR (March 8): The Minister of Finance Inc (MoF Inc) said today no discount was accorded to Indonesia's Mulia Group when the latter bought a 3.
KUALA LUMPUR (March 7): The Ministry of Finance (MoF) has taken back control of The Exchange 106 skyscraper at the Tun Razak Exchange (TRX) here, after buying a 51% stake in Mulia Property Development Sdn Bhd, which is developing the 3.
PETALING JAYA (Jan 12): The Exchange 106 — which, upon its completion by the end of this year, will be the tallest building in Southeast Asia at 492m — has leased out almost half of its space, reported The Star.
KUALA LUMPUR (Jan 11): Minister of Finance II Datuk Seri Johari Abdul Ghani did not confirm or deny a report stating that the Minister of Finance (MoF) had bought a 51% stake in Mulia Property Development Sdn Bhd — the developer of The Exchange 106 at the Tun Razak Exchange in Kuala Lumpur.
