Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 213 for query «trx»

September 4, 2018 12:57 PM IJM to build Affin Bank HQ at TRX

PETALING JAYA: IJM Corp Bhd has secured a RM505 million contract from Affin Bank Bhd for the construction of its 47-storey office building at Tun Razak Exchange (TRX), Kuala Lumpur. IJM told Bursa Malaysia its wholly owned subsidiary IJM Construction Sdn Bhd had accepted the letter of award from Affin Bank for the construction and completion of the superstructure 202

June 28, 2018 3:26 AM RM2.8b govt funding for TRX to be given in stages (Updated)

KUALA LUMPUR: The RM2.8 billion that will be injected by the federal government into the development of the Tun Razak Exchange (TRX) will not be given in a lump sum to avoid misappropriation. TRX City Sdn Bhd chief executive officer Datuk Azmar Talib (pix) said the funds would instead be given in separate payments in line with the progress of the project 12

June 25, 2018 7:08 AM TRX City lodges police report over funds transfer to 1MDB

PETALING JAYA: TRX City Sdn Bhd (TRXC) lodged a police report last Friday with regards to the transfer of TRXC's funds to 1Malaysia Development Bhd (1MDB). It said in a statement that the report was lodged at Jalan Travers police station, Kuala Lumpur following the announcement by the Finance Minister Lim Guan Eng in Putrajaya last week. TRXC stressed 12

June 21, 2018 10:44 AM Guan Eng appears utterly confused

Guan Eng says that RM3 billion was stolen from TRX in order to service 1MDB’s debt. He also says that the govt will now need to bail out TRX with an additional RM2.8 billion in order to complete the project which would then make a profit as it will bring in at least RM7.6 billion in sales. Only the uneducated and those without any sense of logic will believe 115

June 21, 2018 7:20 AM Finance Ministry to pump additional RM2.8b into TRX project

PUTRAJAYA: The Finance Ministry will inject an additional RM2.8 billion to fund the completion of Tun Razak Exchange (TRX). Finance Minister Lim Guan Eng said the funds will be used to complete all the necessary infrastructure works in TRX as TRX City Sdn Bhd (TRXC) does not have the funds to complete the project. TRXC, formerly known as 1MDB Real Estate 18

March 20, 2018 3:22 AM Proof of 1MDB’s success seen through construction of TRX, Bandar Malaysia, says CEO

1MDB’s CEO Arul Kanda Kandasamy says he wants the company’s success to be measured through the realisation of the Tun Razak Exchange and Bandar Malaysia projects. — Picture by Mohd Yusof Mat Isa JOHOR BARU, March 20 — 1Malaysia Development Bhd’s (1MDB) Chief Executive Officer, Arul Kanda Kandasamy, wants the company‘s success to be measured through the realisation 14

November 7, 2017 11:18 AM Smart: Road closure in KL for upgrading

KUALA LUMPUR: The closure of several roads in the federal capital from Oct 6 until January next year is for upgrading works in Jalan Tun Razak, said Syarikat Mengurus Air Banjir & Terowong Sdn Bhd (Smart). In a statement here today, Smart said the road closure by Gadang CRFG Consortium Sdn Bhd involved Jalan Tun Razak, road exit to Kampung Pandan Roundabout 22

September 25, 2017 4:54 PM China's CCCC to make KL its Asean hub, build tower at TRX

BEIJING: China Communications Construction Co Ltd (CCCC) intends to make Kuala Lumpur its hub for the Asean region as the port and construction group expands its footprint here. “We will set up our regional centre in Kuala Lumpur,” CCCC vice-president Peng Dapeng told reporters at the group’s headquarters in Beijing. He said the group was building the “CCCC tower 69

August 29, 2017 11:50 PM ‘Forex losses due to bad decisions, 1MDB losses due to bad intentions’

Vijay47: Umno information chief Annuar Musa has outlined the difference between Bank Negara's foreign exchange (forex) losses and 1MDB. He said the RM30 billion lost by Bank Negara was real and irredeemable, whereas 1MDB’s losses were on paper and its business was still operational. Annuar, I am boldly, if unwisely, making two assumptions. First, since 23

August 4, 2017 2:34 PM Gadang bags RM475mil contract to build Cyberjaya Hospital

KUALA LUMPUR: Gadang Holdings Bhd has continued its streak of winning sizeable government-related contracts, bagging a job to design and build Cyberjaya Hospital in Sepang, Selangor, for RM475mil. In a filing with Bursa Malaysia, the construction and property development firm said its unit Gadang Engineering (M) Sdn Bhd had accepted the letter of acceptance 22