News about TRX

KUALA LUMPUR (Dec 12): A controversial piece of land in Tun Razak Exchange (TRX) here that Lembaga Tabung Haji (pictured) purchased from 1Malaysia Development Bhd (1MDB) three years ago is likely to be one of the underperforming assets that will be transferred to a special purpose vehicle (SPV) under the ministry of finance.

Ahead of the completion of its new RM1 billion headquarters in the Tun Razak Exchange (TRX), HSBC Bank Malaysia Bhd has placed Menara HSBC South Tower (which currently houses its main office) up for sale.

PETALING JAYA (September 21): Australian property and infrastructure group Lendlease Corp Ltd is reported to have secured financing for the development of its 17-acre Lifestyle Quarter in the Tun Razak Exchange (TRX).

KUALA LUMPUR (Sept 5): IJM Corp Bhd has bagged a contract worth RM505 million to construct and complete the superstructure works of Affin Bank Bhd’s new 47-storey corporate headquarters at the upcoming international financial district Tun Razak Exchange (TRX).

KUALA LUMPUR (Aug 20): Gadang Holdings Bhd has secured a contract worth RM86.

  KUALA LUMPUR (July 25): 1Malaysia Development Berhad (1MDB) restructuring efforts had been “sabotaged,” claimed Barisan MP Datuk Seri Tajuddin Abdul Rahman (BN - Pasir Salak) today.

WCT Holdings Bhd (July 13, 88 sen)  Maintain buy with an unchanged target price of RM1.

KUALA LUMPUR (July 13): WCT Holdings Bhd jumped 7.

KUALA LUMPUR (July 12): WCT Holdings Bhd has secured a RM555 million contract from Lendlease Projects (M) Sdn Bhd for a proposed mixed development in the Tun Razak Exchange (TRX) Lifestyle Quarter.

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.