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Tuesday, June 18, 2024

Bursa Malaysia confirms TRX relocation discussions

 

Free Malaysia Today
Bursa Malaysia currently occupies a 16-floor office complex called Exchange Square, located in Bukit Kewangan, Kuala Lumpur.

KUALA LUMPUR: Bursa Malaysia Bhd has confirmed discussions with Mulia Property Development Sdn Bhd over its possible relocation to Tun Razak Exchange (TRX) are ongoing.

“Further announcements will only be made when there is a material development on the matter,” the stock exchange operator said in a bourse filing today.

Bursa Malaysia was responding to two articles titled “Bursa Malaysia mulling move to TRX” and “In final negotiation stage, Bursa Malaysia’s headquarters to be moved to TRX” published recently.

The articles claimed that Bursa Malaysia and Mulia Property are in the final stages of negotiations to move the exchange’s headquarters to TRX.

Bursa Malaysia is likely to occupy two storeys of the Exchange 106 building if the move materialises.

Mulia Property is the developer of the 106-storey building at TRX.

Bursa Malaysia currently occupies a 16-floor office complex called Exchange Square, located in Bukit Kewangan, here. - FMT

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