The Malaysian Pulse
Beat of the Nation
Sat, 21 Sep 2019, 10:44 AM
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Topic: TRX

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InvestKL: Influx of MNCs will ensure office rental market remains competitive
KUALA LUMPUR (Sept 19): The increasing number of multinational companies (MNCs) in Malaysia will have a multiplier effect on Kuala Lumpur’s market, especially the local office rental segment, said I...
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InvestKL: Influx of MNCs will ensure office rental market remains competitive
KUALA LUMPUR (Sept 19): The increasing number of multinational companies (MNCs) in Malaysia will have a multiplier effect on Kuala Lumpur’s market, especially the local office rental segment, said I...
The Star:
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Prudential moves into new 27-storey building in TRX
KUALA LUMPUR: Finally, about a decade after the government first unveiled its plans to develop Kuala Lumpur’s financial district, Tun Razak Exchange officially received its first tenant.
The Star:
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Guan Eng: Make insurance policies more affordable
KUALA LUMPUR: The insurance policies in Malaysia must be made more affordable in order to boost the country’s insurance penetration rate which is far below its 2020...
theSun:
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Govt to seek fiscal space to prioritise sustainable economic growth, says Lim
KUALA LUMPUR: The government will seek fiscal space to prioritise sustainable economic growth and will likely not introduce new tax measures in the upcoming 2020 Budget, says Finance Minister Lim Guan...
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Govt to seek fiscal space to prioritise sustainable economic growth, says Lim
KUALA LUMPUR (Sept 10): The government will seek fiscal space to prioritise sustainable economic growth and will likely not introduce new tax measures in the upcoming 2020 Budget, says Finance Ministe...
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Govt to seek fiscal space to prioritise sustainable economic growth, says Lim...
KUALA LUMPUR (Sept 10): The government will seek fiscal space to prioritise sustainable economic growth and will likely not introduce new tax measures in the upcoming 2020 Budget, says Finance Ministe...
Malay Mail:
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Govt to prioritise sustainable growth in upcoming Budget, says Guan Eng
KUALA LUMPUR, Sept 10 ― The government will seek fiscal space to prioritise sustainable economic growth and will likely not introduce new tax measures in the upcoming 2020 Budget, says Finance Mini...
Free Malaysia Today:
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What 1MDB debt reduction, Najib asks Guan Eng
PETALING JAYA: Najib Razak has cast doubt on Finance Minister Lim Guan Eng’s explanation that one of the reasons for the government’s borrowing of RM58.1 billion in the first six months of the yea...
theSun:
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I prayed in Makkah, after that I quit as Finance Minister: Husni
KUALA LUMPUR: “I prayed in front of the Kaabah, crying ...
Free Malaysia Today:
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Why blame 1MDB for nation’s 2018 debt increase, asks Najib
PETALING JAYA: Najib Razak today hit out at the Pakatan Harapan administration for blaming the recent increase in the nation’s debt on the RM32.2 billion 1MDB owed in arrears.
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Equanimity sale proceeds kept in bank pending court decision on maintenance costs
KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three mont...
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Equinaminity sale proceeds kept in bank pending court decision on maintenance...
KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three mont...
Malaysiakini:
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'1MDB sponsored haj pilgrims' tweet is fake, MACC lodges report
The MACC has lodged a police report against a fake tweet purportedly by its chief commissioner Latheefa Koya, demanding haj pilgrims to return 1MDB funds used to sponsor their trips between 2011 until...
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Prudential Assurance to move into TRX soon
KUALA LUMPUR (June 7): Prudential Assurance Malaysia Bhd (PAMB) is all set to move into their new premises in Tun Razak Exchange (TRX) “soon”, reported The Star today.
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Prudential Assurance to move into TRX soon
KUALA LUMPUR (June 7): Prudential Assurance Malaysia Bhd (PAMB) is all set to move into their new premises in Tun Razak Exchange (TRX) “soon”, reported The Star today.
The Star:
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Crypto pioneer pays US$4.57mil for lunch with Buffett
Portland: Cryptocurrency pioneer Justin Sun (pic right) bid a record US$4.57mil to have lunch with Warren Buffett, who famously referred to bitcoin as “probably rat poison squared.”
kopiandproperty.com:
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1.3 million sq ft of retail space coming in Q3 2021 (from one mall)
We have often read about how malls will find it tough to survive here in the Klang Valley.
The Star:
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Crypto pioneer Justin Sun pays US$4.57m for Warren Buffett lunch
NEW YORK: Warren Buffett once called bitcoin "probably rat poison squared." He'll now have to dine with one of the cryptocurrency's biggest fans.
The Edge Markets:
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Govt carried on with TRX project to avoid 'sunk cost'
KUALA LUMPUR (May 24): The Pakatan Harapan administration pushed on with the Tun Razak Exchange (TRX) to save the RM40 billion-development from becoming a “sunk cost”, Malaysiakini reported the Fi...
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Govt carried on with TRX project to avoid 'sunk cost'
KUALA LUMPUR (May 24): The Pakatan Harapan administration pushed on with the Tun Razak Exchange (TRX) to save the RM40 billion-development from becoming a “sunk cost”, Malaysiakini reported the Fi...
Malaysiakini:
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Harapan bailed out TRX to prevent 'sunk cost' - MOF
Pakatan Harapan decided to carry on with the Tun Razak Exchange (TRX) project as it believes that it will be beneficial to the country, provided that the project is first “detoxified” from the 1MD...
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Ample supply of affordable homes but not in the right location, says Zerin
KUALA LUMPUR: The property market has a more than sufficient supply of affordable housing, but what is insufficient are the “right housing products” to cater to the high demand for affordable home...
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Ample supply of affordable homes but not in the right location, says Zerin
KUALA LUMPUR: The property market has a more than sufficient supply of affordable housing, but what is insufficient are the “right housing products” to cater to the high demand for affordable home...
The Star:
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Quick take: Gadang falls almost 3% after announcing share placement
KUALA LUMPUR: Gadang Holdings Bhd’s shares fell almost 3% after announcing that it intended to raise RM62.12mil through private placement.
The Edge Markets:
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MFM seeks buyer for prized KL land
FLOUR miller and poultry farmer Malayan Flour Mills Bhd (MFM) is seeking bids for its prized parcel on Jalan Tun Razak, Kuala Lumpur, which industry experts estimate may fetch about RM108 million.
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MFM to sell Jalan Tun Razak parcel
Malayan Flour Mills Bhd (MFM), is seeking bids on its parcel in Jalan Tun Razak, Kuala Lumpur, land that industry experts estimate will fetch RM108 million.
Free Malaysia Today:
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Wee takes Pua to task over Bandar Malaysia and TRX projects
PETALING JAYA: MCA president Wee Ka Siong has taken DAP’s Tony Pua to task for claiming that he said the combined RM180 billion gross development value (GDV) for the Bandar Malaysia and Tun Razak Ex...
The Star:
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Dr Wee: I never said RM180bil GDV for Bandar Malaysia, TRX are direct profits
PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong never said that the combined RM180bil in gross development value (GDV) for the Bandar Malaysia and Tun Razak Exchange (TRX) projects are direct profits.
Malaysiakini:
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Eight questions for Tony Pua
MP SPEAKS | Tony Pua, the person who said that SST will lower the price of goods, wants to school me?
Malay Mail:
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Wee denies saying Bandar Malaysia and TRX projects’ GDV equals to RM180b profit
KUALA LUMPUR, April 22 — MCA president Wee Ka Siong today denied that he had said the combined RM180 billion in gross development value (GDV) for the Bandar Malaysia and Tun Razak Exchange (TRX) pro...
Malaysiakini:
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Wee concocts absurd defence of 1MDB and Najib
EdgeProp.my:
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Gadang casts eye on ECRL jobs
KUALA LUMPUR: Gadang Holdings Bhd could be back in action soon.
The Edge Markets:
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Gadang casts eye on ECRL jobs
KUALA LUMPUR: Gadang Holdings Bhd could be back in action soon.
The Star:
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‘Pakatan can’t use 1MDB as an excuse anymore’
PETALING JAYA: Pakatan Harapan can no longer use 1Malaysia Development Bhd (1MDB) as an excuse for not fulfilling its pre-election pledges, says MCA.Its president Datuk Seri Dr Wee Ka Siong said this was because Pakatan had acknowledged that 1MDB was very profitable and played an important role in developing the nation.
Malaysiakini:
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Harapan acknowledged 1MDB is beneficial, claims MCA chief
MCA president Wee Ka Siong today claimed the Pakatan Harapan government has acknowledged that 1MDB, described by the US Department of Justice as "the largest kleptocracy case in US history", was benef...
The Star:
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Pakatan cannot use 1MDB as an excuse after acknowledging its benefits, says Dr Wee
PETALING JAYA: Pakatan Harapan can no longer use 1Malaysia Development Bhd (1MDB) as an excuse for not fulfilling its pre-election pledges, says MCA.
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Gadang bags RM38.5m contract to build bridge in TRX
KUALA LUMPUR (April 17): Gadang Holdings Bhd has bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX) fro...
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Gadang rises 2.17% on bagging RM38.5m bridge job
KUALA LUMPUR (April 17): Gadang Holdings Bhd shares rose 2.17% this morning after it bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun ...
The Star:
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Quick take: Contract win sends Gadang shares up 1.45%
KUALA LUMPUR: Shares of Gadang Holdings Bhd rose on Wednesday morning after securing RM38.5mil contract to build bridge in Tun Razak Exchange Development (TRX).
The Star:
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Trading ideas: Kelington, KPS, UEM Edgenta, Gadang, Brahim’s, Handal
KUALA LUMPUR: JF Apex Research expects Kelington Group Bhd, Kumpulan Perangsang Selangor Bhd (KPS), UEM Edgenta Bhd, Gadang Holdings Bhd, Brahim’s Holdings Bhd (BHB) and Handal Resources Bhd to be among the stocks to watch on Wednesday.
The Edge Markets:
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Gadang bags RM38.5m contract to build bridge in TRX
KUALA LUMPUR (April 16): Gadang Holdings Bhd has bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX) fro...
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Najib clashes with Guan Eng during Finance Ministry's winding up debate
KUALA LUMPUR (March 27): The winding up of the debate on the royal address for the Ministry of Finance was tumultuous following a clash between the current Finance Minister Lim Guan Eng and former Min...
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Najib clashes with Guan Eng during Finance Ministry's winding up debate
KUALA LUMPUR (March 26): The winding up of the debate on the royal address for the Ministry of Finance was tumultuous following a clash between the current Finance Minister Lim Guan Eng and former Min...
theSun:
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Fracas at Finance Ministry’s winding up debates
KUALA LUMPUR: The winding up of the debate on the royal address for the Ministry of Finance was tumultuous following a collision between its minister and former Minister of Finance Datuk Seri Najib Ab...
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Frankly Speaking: No easy fix for KL office space glut
With a mammoth skyscraper in Kuala Lumpur about to be completed, the glut of office space is going to get much worse.  The Exchange 106 at the Tun Razak Exchange (TRX) is expected to be ready by year...
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Partial closure of Jalan Barat for TRX development
KUALA LUMPUR (Feb 22): Part of Jalan Barat will be experiencing traffic flow obstruction, diversions and partial closure for the infrastructure works for the Tun Razak Exchange (TRX) development.
theSun:
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Partial closure of Jalan Barat for TRX development
KUALA LUMPUR: Part of Jalan Barat will be experiencing traffic flow obstruction, diversions and partial closure for the infrastructure works for the Tun Razak Exchange (TRX) development.
theSun:
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DBKL to hold online applications for Ramadan Bazaar to combat ‘Ali Baba’ practice
KUALA LUMPUR: The Kuala Lumpur City Hall (DBKL) will hold an online application for the Ramadan Bazaar because of allegations that some stall holders had paid up to RM30,000 per lot, Federal Territori...
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Bumiputera quota contributed to property overhang in Johor
KUALA LUMPUR (Feb 21): The high level of units reserved for Bumiputera buyers could have contributed to the residential property overhang in Johor, said CBRE|WTW Johor branch director Tan Ka Leong.
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Medical tourism supporting Penang’s hotel sector
KUALA LUMPUR (Feb 21): Medical tourism will continue to support the growth of Penang’s hotel property sector which could also create multiplier effects on the northern region’s economy, said CBRE|...
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Stewart Labrooy: Government buildings' REIT will do very well
KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quali...
theSun:
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TRXC not in hurry to develop remaining land
KUALA LUMPUR: TRX City Sdn Bhd (TRXC) is not in a rush to develop the remaining 30% of the 28.33-ha Tun Razak Exchange (TRX). Its CEO Datuk Azmar Talib said TRXC’s focus now was on completing the f...
Malaysiakini:
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TRX City in no hurry to develop remaining land
TRX City Sdn Bhd (TRXC) is not in a rush to develop the remaining 30 per cent of the 28.33-hectare Tun Razak Exchange (TRX). Chief executive officer Azmar Talib said TRXC’s focus now was to complete...
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TRX City CEO confirms receipt of 10% of RM2.8b allocated by MoF
KUALA LUMPUR (Feb 21): TRX City Sdn Bhd (TRXC) has received 10% of the RM2.8 billion allocated to the Tun Razak Exchange (TRX) project as whole by the Ministry of Finance (MoF) last year, said its chi...
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Jones Lang Wootton: TRX office space to take a long time to achieve full occupancy
KUALA LUMPUR (Feb 21): The Tun Razak Exchange (TRX) (pictured) project here will take a long time to achieve full occupancy of its 2.65 million sq ft office space, real estate consultancy firm Jones L...
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TRX City CEO confirms receipt of 10% of RM2.8b allocated by MoF
KUALA LUMPUR (Feb 21): TRX City Sdn Bhd (TRXC) has received 10% of the RM2.8 billion allocated to the Tun Razak Exchange (TRX) project as whole by the Ministry of Finance (MoF) last year, said its chi...
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TRX office space to take a long time to achieve full occupancy — Jones Lang...
KUALA LUMPUR (Feb 21): The Tun Razak Exchange (TRX) project here will take a long time to achieve full occupancy of its 2.65 million sq ft office space, real estate consultancy firm Jones Lang Wootton...
The Star:
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TRX City, partners and investors ink common estate deal
KUALA LUMPUR: TRX City Sdn Bhd (TRXC), its partners and investors had on Thursday signed the common estate agreement (CEA) which will govern the Tun Razak Exchange (TRX) financial district.
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TRX Lifestyle Quarter sponsor Lendlease advised by Herbert Smith Freehills
KUALA LUMPUR (Feb 18): Law firm Herbert Smith Freehills said today it advised Lendlease Corp Ltd on its role as sponsor in relation to the RM2.15 billion financing of the Tun Razak Exchange (TRX) Life...
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TRX Lifestyle Quarter sponsor Lendlease advised by Herbert Smith Freehills
KUALA LUMPUR (Feb 18): Law firm Herbert Smith Freehills said today it advised Lendlease Corp Ltd on its role as sponsor in relation to the RM2.15 billion financing of the Tun Razak Exchange (TRX) Life...
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Aussie Lendlease seeks more projects in M'sia
PETALING JAYA: Australian-listed Lendlease, which is participating in a RM9bil mixed integrated development at the Tun Razak Exchange (TRX) project in Kuala Lumpur, is in talks with several developers to jointly develop other large-scale projects in the country.
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TRX sees renewed investor confidence after 'detox' operations — Guan Eng
KUALA LUMPUR (Feb 15): The outcome of "detox" operations carried out by the Ministry of Finance on the Tun Razak Exchange (TRX), which was bogged down by the 1Malaysia Development Bhd (1MDB) scandal, ...
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Guan Eng says thanks to his Ministry’s detox measures, TRX is now corruption-free
KUALA LUMPUR, Feb 15 — A successful “detox” effort by the Finance Ministry to clear the Tun Razak Exchange (TRX) from corruption, after it was allegedly mired in the 1Malaysia Development Berhad...
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TRX is one of Malaysia’s best assets. (Invest now)
Tun Razak Exchange (TRX)’s entire development has an estimated value of over RM40 billion.
The Star:
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Step up to a prestigious lifestyle
THE Tun Razak Exchange (TRX) Lifestyle Precinct is one of the largest integrated developments in Asia for leading international property and infrastructure group Lendlease.
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Guan Eng: TRX project has been detoxified
KUALA LUMPUR: Finance Minister Lim Guan Eng has declared that the Tun Razak Exchange (TRX) project had been “detoxified”.
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Guan Eng: TRX project has been detoxified
KUALA LUMPUR: Finance Minister Lim Guan Eng has declared that the Tun Razak Exchange (TRX) project had been “detoxified”.
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TRX will soon erase unease on 1MDB links
KUALA LUMPUR (Feb 12): New developments and international confidence in the Tun Razak Exchange (TRX) project will soon see people forgetting about its association with 1Malaysia Development Bhd (1M...
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'TRX has been detoxified, it has now been cleaned up'
The 1MDB-linked Tun Razak Exchange (TRX) mega-project has been successfully “detoxified” following a review of it by Pakatan Harapan, Finance Minister Lim Guan Eng said today.Speaking at the offic...
Malay Mail:
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TRX will soon erase unease on 1MDB links, says Lendlease Asia chief
KUALA LUMPUR, Feb 12 — New developments and international confidence in the Tun Razak Exchange (TRX) project will soon see people forgetting about its association with 1Malaysia Development Bhd (1MD...
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Malaysia exorcises 1MDB ghosts from its new financial district
(Feb 12): Malaysia is taking steps to rid its new financial district of the 1MDB taint.
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Guan Eng: TRX has been detoxified and cleaned up
KUALA LUMPUR (Feb 11): Minister of Finance Lim Guan Eng said the Tun Razak Exchange (TRX) Development had undergone a “detoxification of assets”.
The Straits Times:
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Malaysia exorcises 1MDB ghosts from its new financial district
KUALA LUMPUR (BLOOMBERG) - Malaysia is taking steps to rid its new financial district of the 1MDB taint.
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HSBC says Malaysia government not guaranteeing RM2.15b financing for TRX...
KUALA LUMPUR (Feb 12): The Malaysian government is not guaranteeing the RM2.15 billion financing for the Tun Razak Exchange (TRX) Lifestyle Quarter project as the guarantee is set against the developm...
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Lendlease Corp secures RM2.15 bil financing for TRX development
KUALA LUMPUR (Feb 12): Australian-based property and infrastructure group Lendlease Corp Ltd has secured a RM2.15 billion financing facility for its mixed integrated development, the Lifestyle Quarter...
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Finance minister confirms yen bonds to be issued next month
KUALA LUMPUR, Feb 12 — Finance Minister Lim Guan Eng today confirmed the government will issue ¥200 billion (RM7.4 billion) in so-called Samurai bonds next month.
The Star:
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Lendlease-TRXC JV secure RM2.15bil loan for TRX project
KUALA LUMPUR: Australian-listed Lendlease and TRX City Sdn Bhd (TRXC), which are co-developing the Lifestyle Quarter development at the Tun Razak Exchange (TRX), have secured a RM2.15bil financing facility for a period of five years.
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Sungai Buloh-Serdang-Putrajaya MRT line 41% completed
KUALA LUMPUR (Jan 29): Construction of the Sungai Buloh-Serdang-Putrajaya (SSP) Mass Rapid Transit (MRT) line reached 41% completion by the end of  December 2018, said MRT Corp.
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Sungai Buloh-Serdang-Putrajaya MRT line 41% completed
KUALA LUMPUR (Jan 29): Construction of the Sungai Buloh-Serdang-Putrajaya (SSP) Mass Rapid Transit (MRT) line reached 41% completion by the end of  December 2018, said MRT Corp.
theSun:
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SSP MRT line 41% done: MRT Corp
KUALA LUMPUR: Construction of the Sungai Buloh-Serdang-Putrajaya (SSP) Mass Rapid Transit (MRT) line reached 41% completion at the end of December 2018, according to MRT Corp.
theSun:
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TH restores balance sheet, in position to pay hibah for 2018
KUALA LUMPUR: Lembaga Tabung Haji (TH) is in a position to pay hibah (dividend) to its 9.3 million depositors for 2018, having restored its balance sheet, mainly with the transfer of 106 underperformi...
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Tabung Haji: 2018 dividends will be paid, but don't hope for too much
Lembaga Tabung Haji has assured that it will pay dividends (hibah) for 2018 to its depositors.
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MoF vehicle used to invest in troubled assets, including 1MDB properties – report
PETALING JAYA (Jan 13): Aset Tanah Nasional Bhd (ATN), a company owned by the Ministry of Finance (MoF), was used to invest in a number troubled assets – including those owned by scandal-ridden fund...
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WCT and Chinese partner to jointly develop first residential project in TRX worth RM1.1b
KUALA LUMPUR (Jan 10): WCT Holdings Bhd, which is substantially owned by Tan Sri Desmond Lim of the Pavilion group with a 19.67% stake, and China-based China Communications and Construction Group (CCC...
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WCT climbs on RM1.1b TRX residential project news
KUALA LUMPUR: Shares in WCT Holdings Bhd rose 2.63% in early trade Thursday on news that it would jointly develop the first residential project at the Tun Razak Exchange (TRX), with an estimated gross development value (GDV) of RM1.1bil.
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WCT up 2.63% on plans for residential project at TRX
KUALA LUMPUR (Jan 10): Shares in WCT Holdings Bhd, which is substantially owned by Tan Sri Desmond Lim of the Pavilion group with a 19.67% stake, rose 2.63% this morning after the group said it would ...
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Ancom, Nylex, WCT, AirAsia, Sapura Energy, ConnectCounty and Asia Media
KUALA LUMPUR (Jan 9): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (Jan 10) may include the following: Ancom Bhd, Nylex Bhd, WCT Holdings Bhd, AirAs...
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WCT and Chinese partner to jointly develop first residential project in TRX...
KUALA LUMPUR (Jan 9): WCT Holdings Bhd, which is substantially owned by Tan Sri Desmond Lim of the Pavilion group with a 19.67% stake, and China-based China Communications and Construction Group (CCCG...
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Retail sector to be resilient in 2019, but KL office rentals will stay weak —...
KUALA LUMPUR (Jan 8): The retail sector is expected to be resilient in 2019, in particular for the beauty and wellness, accessories and niche grocery trade segment, said Savills Malaysia.
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