TRX project proceeding smoothly


Azmar Talib, chief executive officer of TRX City Sdn., poses for a photograph near the construction site of the Tun Razak Exchange, developed by TRX City, in Kuala Lumpur, Malaysia, on Thursday, June 15, 2017

KUALA LUMPUR: Malaysia’s newest financial district is taking shape and drawing investment after spending years mired in controversy for its links to a state investment fund.

The Tun Razak Exchange (TRX) has reached critical mass for its initial phase after HSBC Holdings Plc this month said it would invest US$250mil to build its local headquarters in the development, according to TRX City Sdn Bhd chief executive officer Datuk Azmar Talib.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , TRX City Sdn Bhd , Azmar , Talib , property ,

   

Next In Business News

Asian FX muted on firm dollar, stocks fall; Malaysia holds rate
Oil rises on US crude storage draw, China imports show year-on-year gain
Over 400 units of Sunway Velocity 3 Homes Sold on Opening Weekend
Bank Negara holds OPR firm at 3%
Country Garden says it aims to pay onshore coupons due Thursday by May 13
China's exports and imports return to growth, signalling demand recovery
Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices
Oil rises on US crude storage draw, China imports show year-on-year gain
FBM KLCI retreats to 1,600
Volkswagen to establish Malaysia as export hub - Tengku Zafrul

Others Also Read