News about chang

KUALA LUMPUR (July 13): Domestic users are the first priority for Putrajaya, which will utilise RM114 million from the Electricity Industry Fund (KWIE) to subsidise nearly 82% of residential power users in the second half of the year, according to Energy, Technology, Science, Climate Change and Environment minister Yeo Bee Yin (pictured).

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.

PETALING JAYA (June 30): Ladang Impian 1 Sdn Bhd (LI1SB) which held a 15-year lease upon on the four acres upon which Pasarakyat was located, was paid RM35 million to terminate its lease seven years ahead of its expiry on January 1 this year, reported The Edge weekly.

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.

KUALA LUMPUR (June 28): TRX City Sdn Bhd (TRXC) CEO Datuk Azmar Talib said he was unaware that funds of RM3 billion transferred to 1Malaysia Development Bhd (1MDB) between mid-2012 and early 2017 were to be diverted from their intended use.

KUALA LUMPUR (June 26): HSBC Bank Malaysia Bhd (HSBC) is happy with the construction of its headquarters building in the Tun Razak Exchange (TRX) (pictured), said chief executive officer Stuart Milne.

PETALING JAYA (June 25): TRX City Sdn Bhd (TRXC) has lodged a police report on its development funds taken by 1Malaysia Development Bhd (1MDB) last Friday (June 22) at the Jalan Travers police station in Kuala Lumpur.

KUALA LUMPUR (June 24): Australian developer and infrastructure firm Lendlease has confirmed it is committed to transforming the Tun Razak Exchange (TRX) (pictured) Lifestyle Quarter into one of its largest urban regeneration developments, Bernama reported today.

PETALING JAYA (June 22): TRX City Sdn Bhd will gather the facts surrounding the alleged misappropriation of RM3.

PETALING JAYA (June 22): The Malaysian government will have full ownership of the Exchange 106 office tower in the Tun Razak Exchange (TRX) if the Mulia Group does not repay the Finance Ministry (MoF) on time, reported The Star.