Tabung Haji set to sell TRX land bought from 1MDB

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.

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HSBC Malaysia headquarters on the market

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.

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Bina Puri cautious on FY18 construction biz outlook

KUALA LUMPUR (Sept 24): Bina Puri Holdings Bhd said it is cautious on the performance of its core construction business for the remaining months of its financial year ending Dec 31, 2018 (FY18), following the slew of changes to projects after the 14th general election (GE14).

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