KUALA LUMPUR: Tun Razak Exchange (TRX), the swanky new financial address, here, is being sought after by international financial industry players who are looking “to take position”. Two reputable European firms would be signing deals with TRX City Sdn Bhd for lease and ownership of office space by year-end, said its chief executive officer Datuk Azmar Talib. TRX City, the master developer of the international financial hub project, has embarked on a marketing drive abroad. “There has been a lot of interest from multinational corporations in Europe and elsewhere in the world, including China and the United States.”Despite challenges in the global financial market, there has been a good mix of interest from both international and local investors in the TRX. “Also, together with the government and Bank Negara Malaysia, we will go on a drive to promote Islamic finance and the Asean market,” Azmar added.

Source: New Strait Times October 11, 2016 03:00 UTC