UPDATE: Tun Razak Exchange gets RM2.8b bailout
PUTRAJAYA (June 22): The Pakatan Harapan-led government is rescuing the 70-acre (28.
PUTRAJAYA (June 22): The Pakatan Harapan-led government is rescuing the 70-acre (28.
(Video courtesy of TRX City Sdn Bhd) PETALING JAYA (June 21): TRX City Sdn Bhd has welcomed the Ministry of Finance’s RM2.
PUTRAJAYA (June 21): The Pakatan Harapan-led federal government will inject another RM2.
PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.
PETALING JAYA (June 13): Iskandar Investment Bhd (IIB), a strategic developer of Medini in Johor, had brought up the idea of a scheme to allow private companies to lease out freehold land for housing development, back in 2012, reported SunBiz.
KUALA LUMPUR (June 9): It looks like Putrajaya will not “inject” any more monies to the Tun Razak Exchange (TRX) (pictured) financial centre here, according to a very recent report by The Edge weekly.
Like a will, the absence of a strata title is usually not felt until you need to dispose of your property.
PETALING JAYA (JUNE 4): Indonesia commercial property developer Mulia Group, who owns 49% of the Exchange 106 office building at Tun Razak Exchange (TRX) in Kuala Lumpur, is seeking guidance from the new Malaysian government on the project.
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.
PETALING JAYA (May 30): Coordinators of Protect Taman Desa Coalition — Frank Yeh, Philip Phang and M Gunasekar — have defended the statements they made on Seputeh MP Teresa Kok (pictured), stressing that they have “nothing personal” against her and were merely sharing facts.