PETALING JAYA (March 18): The Exchange Mall within the RM8 billion TRX Lifestyle Quarter project in the RM40 billion Tun Razak Exchange (TRX) mega-development in Kuala Lumpur is scheduled to open in 1H2019.
AFTER assuming the role of Lendlease CEO for Asia in May, Tony Lombardo moved to Singapore.
ON June 16, as the agreement that formally sees IWH CREC Sdn Bhd become a 60% shareholder in the Bandar Malaysia development as well as its master developer was signed, Prime Minister Datuk Seri Najib Razak announced a slew of incentives for the massive project.
1Malaysia Development Bhd’s (1MDB) wholly-owned subsidiary TRX City Sdn Bhd is starting infrastructure works on Tun Razak Exchange, which is located on a prime tract between Jalan Bukit Bintang and Jalan Tun Razak that was sold to the strategic investment fund for RM230 million or RM75 psf in 2010, say sources in the construction industry.
INDONESIA’s Mulia Group is seeking some RM1.
TRX City Sdn Bhd (formerly known as 1MDB Real Estate Sdn Bhd) saw a net profit of RM380.
KUALA LUMPUR (July 26): Tabung Haji has indicated it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB), as the pilgrimage fund sees long-term value in the piece of land.
PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.
KUALA LUMPUR (May 30): Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.
KUALA LUMPUR (Feb 4): Lembaga Tabung Haji said it will be developing the 1.
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