Hong Leong to spend RM40mil on innovation exchange


  • Banking
  • Saturday, 26 Oct 2019

HLXM General Manager Mohd Reezan Mohd Fadzil(pic) speaking during HLX Integrated Innovation Centre Collaboration with KCOM Group in support of Malaysia Digital Transformation press conference yesterday

KUALA LUMPUR: Conglomerate Hong Leong Group, via its property arm GUOCOLAND (MALAYSIA) BHD, will invest RM40mil to develop a 32-storey tower that houses co-working spaces, events and co-living facilities, innovation labs as well as talent development centres.

The HLX Integrated Innovation Centre, which is said to be Asia’s first innovation exchange, will have a total space of 250,000 sq ft and aims to accommodate start-ups, large corporations, technology partners and venture capitalists.

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