HSBC to build RM1bil headquarters in TRX


Good deal: Mukhtar (left) shaking hands with Azmar at the sale & purchase agreement signing ceremony. HSBC is the first foreign bank to invest in the TRX development.

KUALA LUMPUR: HSBC is investing US$250mil (RM1.06bil) to build its future headquarter office in the Tun Razak Exchange (TRX) under its commitment to develop Malaysia as a financial hub in Asean.

HSBC Bank Malaysia Bhd said the banking group and TRX City Sdn Bhd signed a sale-and-purchase agreement for the development of HSBC Malaysia’s future HQ in the international financial district.

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