News about Tun Razak Exchange

KUALA LUMPUR (March 9): HSBC Bank Malaysia Bhd has invested US$250 million (approximately RM1.

KUALA LUMPUR (Feb 10): Lendlease, Sydney-based property developer, has acquired a 1.

While the ongoing Full Movement Control Order (MCO) which started on June 1, 2021 is expected to negatively impact Kuala Lumpur’s prime residential property market, Knight Frank Malaysia’s executive director of Research & Consultancy Judy Ong believes the impact will not be significant.

KUALA LUMPUR (April 28): IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corp Bhd, has secured two contracts with a combined value of RM327.

PETALING JAYA (April 1): Sunway Belfield, Sunway Property’s latest freehold residential development in Kuala Lumpur, has achieved an 80% take-up rate despite its soft launch during the movement control order (MCO) early this year.

KUALA LUMPUR (Feb 9): An affordable housing development project in Ayer Itam, Penang — which used up part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) initially intended for the development of the Tun Razak Exchange (TRX) — never saw the light of day, the High Court heard today.

KUALA LUMPUR (Sept 17): Former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman (pictured) was offered almost triple his salary in his previous company to join 1MDB, the High Court heard today.

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) — initially intended for the development of the Tun Razak Exchange (TRX) — to acquire land in Ayer Itam, Penang as part of Umno’s campaigning leading up to the 2013 General Elections (GE13), the High Court heard today.

KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.

PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.