Exchange 106 required MoF fund injection, says finance minister

PETALING JAYA (June 2): The development of The Exchange 106 (formerly known as Signature Tower) in the Tun Razak Exchange (TRX) international financial district required financing from the Ministry of Finance (MoF), which was not reflective of the 49:51 shareholding structure of the project between the ministry – via its unit MKD Signature Sdn Bhd - and Indonesia’s Mulia Group.

READ MORE

Singapore seeks clarification on HSR project

  SINGAPORE (June 1): Singapore has requested the Malaysian government to clarify its position on the Kuala Lumpur-Singapore high-speed rail (HSR) project, Bernama reported Minister for Transport Khaw Boon Wan as saying.

READ MORE