TRX faces trying times ahead


Challenging outlook: According to master developer TRX City Sdn Bhd, the development will have about 30 buildings with 24 million sq ft of gross floor area spread across office, residential, hotel and retail space. — Reuters

THE ballot box of May 9 has cast a cloud over the future of the Tun Razak Exchange (TRX).

In a move to address the country’s debt level, Finance Minister Lim Guan Eng said on Thursday that the new government would review some of the terms which govern the 70-acre international financial centre.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , TRX , Exchange 106 , property

Next In Business News

What is Unitree and why are China’s humanoid robot makers racing to list?
Intel launches US$15bil share sale as turnaround rally lifts stock
United Asiapac Energy IPO oversubscribed 21 times
MN Holdings secures RM122.31mil underground cable contract from TNB
Sheng Long invests RM140mil to build its first aquaculture food factory in Taiping
Ringgit steady vs US dollar as investors await key US data
Hup Seng records higher 2Q earnings
Inta Bina secures RM115.65mil construction contract
Hextar Portfolio makes RM0.43 per share takeover offer for Hextar Retail
Well Chip plans new pawnshops to drive growth

Others Also Read