1MDB real estate is now TRX City
Debt-laden strategic development company 1Malaysia Development Bhd's (1MDB) property arm, 1MDB Real Estate Sdn (1MDB RE), is now known as TRX City Sdn Bhd. According to a Companies Commission of Malaysia (CCM) filing, the name change was effective yesterday.
Malaysia leads global Islamic finance charge
As the world's leading Islamic economy, Malaysia can sustain its dominant position in Shariah-compliant through upcoming initiatives such as the Tun Razak Exchange (TRX) financial district. TRX will be "a big plus point" for Malaysia's Islamic finance industry.
Integrasi pengangkutan kekuatan TRX
Tun Razak Exchange (TRX) dan Dewan Bandaraya Kuala Lumpur (DBKL) sedang bekerjasama untuk meredakan situasi trafik di Jalan Tun Razak. Dengan kedua-dua aliran MRT yang bakal melalui Stesen Pertukaran TRX, infrastruktur mesra pejalan kaki turut perlu menepati standard yang tinggi.
TRX investing in green facilities
TRX’s sustainability aspirations are in line with the aim of KL City Plan 2020, a blueprint for achieving world-class city status. TRX has received provisional LEED recognition for Neighbourhood Development at Gold and GBI Township Platinum certification based on its masterplan.
TRX to redefine public realm concept and design in KL
Public realm is not a new concept in urban, suburban or even rural development. It offers the space for the public to be comfortable with their surroundings. Against all the negativity, Tun Razak Exchange (TRX) believes Kuala Lumpur needs a high quality and culturally relevant public space.
TRX’s sustainability agenda to draw businesses
A solid sustainability infrastructure is a must for developments today to attract world-class businesses, as green credentials have increasingly become necessary corporate requirement for multinational corporations (MNCs). This is essential in preserving the atmosphere of TRX as a lush urban park.
The TRX vision
TRX obtained its planning approval in April 2012. Now completing its first package of earthworks and undertaking prep work for its infrastructure upgrade, TRX is also concurrently embarking on its planned commercialization process.