News

RM2.8 bil in instalments, says TRX developer

The RM2.8 billion the government has pledged to the developer of the Tun Razak Exchange in Kuala Lumpur would be paid in stages to ensure transparency, said TRX City Sdn Bhd (TRXC) during a site to

TRX City sees 'renewed confidence' among investors in TRX post-GE14

There appears to be a sense of “renewed confidence” in the Tun Razak Exchange (TRX) development, following the country’s 14th general election (GE14) that saw a change in government for the first t

TRX to open for business in Q1 of 2019

THE developer of Tun Razak Exchange (TRX) has said the first phase of the sprawling 70-acre financial district will be operational by the first quarter of 2019, dismissing concerns of an investor f

HSBC lauds govt decision on TRX

HSBC Bank Malaysia Bhd, which is one of the investors in Tun Razak Exchange (TRX) here, has lauded the Pakatan Harapan government's decision to proceed with the project.

TRX City lodges report over RM3b siphoned off to 1MDB

Developer TRX City Sdn Bhd (TRXC) said today it has filed a police report on the transfer of RM3 billion of its funds to scandal-plagued 1Malaysia Development Bhd (1MDB).

Lendlease committed to Tun Razak Exchange Lifestyle Quarter

Australian developer and infrastructure firm Lendlease has confirmed it is committed to transforming the Tun Razak Exchange (TRX) (pictured) Lifestyle Quarter into one of its largest urban regenera

Guan Eng: Putrajaya to spend RM2.8b to complete TRX

The Tun Razak Exchange (TRX) project will be completed using an additional RM2.8 billion infusion from the government, Finance Minister Lim Guan Eng said today.

Projek TRX akan diteruskan, walau RM3 bilion dana diseleweng 1MDB - Guan Eng

Projek TRX akan tetap disiapkan walaupun lebih daripada RM3 bilion dana Kerajaan Persekutuan untuk TRX CIty Sdn Bhd diselewengkan oleh 1Malaysia Development Berhad (1MDB).