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.
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