MoF will not fund TRX infrastructure needs

KUALA LUMPUR (June 9): It looks like Putrajaya will not “inject” any more monies to the Tun Razak Exchange (TRX) (pictured) financial centre here, according to a very recent report by The Edge weekly.

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Exchange 106 required MoF fund injection, says finance minister

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.

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Lendlease seeks to continue TRX JV

PETALING JAYA (May 28): Australian developer and infrastructure firm Lendlease seeks to continue its joint venture with TRX City Sdn Bhd to develop The Exchange TRX at the 70-acre Tun Razak Exchange (TRX) international financial district.

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