PETALING JAYA: Aabar Investments PJSC, the Abu Dhabi-based sovereign fund, could be making a significant investment in Malaysia's Tun Razak Exchange (TRX), the ambitious multi-billion-ringgit property development project by 1Malaysia Development Bhd (1MDB), reliable sources told StarBiz.
Aabar, better known in Malaysia as the fund that bought the 25% stake in RHB Capital Bhd from its sister company Abu Dhabi Commercial Bank in 2011, is known internationally for its holdings in such high-profile names as German carmaker Daimler, commodities trader Glencore and Italy's UniCredit.