News About Tun Razak Exchange
JOHOR BAHRU (March 21): 1Malaysia Development Bhd’s (1MDB) chief executive officer Arul Kanda Kandasamy wants the company's success to be measured through the realisation of constructing its two mega projects — the Tun Razak Exchange (TRX) and Bandar Malaysia.
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 3.42-acre land in Tun Razak Exchange (TRX) here for RM665 million back in May 2015.
KUALA LUMPUR (Feb 28): IJM Corp Bhd saw its net profit drop 26.7% to RM101.36 million in the third financial quarter ended Dec 31, 2017 (3QFY18) from RM138.36 million a year ago, mainly due to lower contributions from the property and manufacturing and quarrying divisions.
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.
Finance Minister II neither denies nor confirms MoF’s acquisition of 51% stake in TRX office tower developer
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.
PETALING JAYA (Jan 6): The Minister of Finance (MoF) is believed to have acquired a 51% stake in Mulia Property Development Sdn Bhd, which is developing The Exchange 106 skyscraper — poised to be the tallest building in Southeast Asia — at the Tun Razak Exchange in Kuala Lumpur .
KUALA LUMPUR (Jan 3): As the Mass Rapid Transit (MRT) line is rapidly gaining wide acceptance and changing commuter patterns, properties will increasingly be assessed by the distance from the stations, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.
KUALA LUMPUR (Jan 3): The Tun Razak Exchange (TRX) is set to be the most successful master-planned development in 2018, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.
KUALA LUMPUR (Jan 3): Malaysia is the most attractive place for retail brands to expand into Southeast Asia, thanks to its strategic location, low taxes, and barriers to entry compared with other countries in the region, said Savills Malaysia Sdn Bhd (Savills) deputy executive chairman Allan Soo.
PETALING JAYA (Dec 21): The Exchange 106 at Tun Razak Exchange is poised to be Malaysia’s tallest building once it is completed in 2Q18, according to the New Straits Times.