The move confirmed a report by The Edge Malaysia weekly in its Jan 8 issue that the Ministry of Finance – via MKD Signature Sdn Bhd – had acquired the 51% stake in Mulia Property Development Sdn Bhd which is developing the 3.42-acre TRX land. Mulia Property is an indirect subsidiary of Indonesia’s Mulia Group.
SINGAPORE (Mar 7): Malaysia's Ministry of Finance has now regained control of The Exchange 106 skyscraper at the Tun Razak Exchange in Kuala Lumpur, The Edge Markets reported on Wednesday.
