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New Malaysian financial district takes shape amid 1MDB tumult

Tun Razak Exchange hits critical mass; HSBC to build local HQ in development

"TRX is a national project and we are glad that we can now deliver the project unencumbered by unrelated matters," says Mr Azmar.

Kuala Lumpur

MALAYSIA'S newest financial district is taking shape and drawing investment after spending years mired in controversy for its links to an embattled state investment fund.

The Tun Razak Exchange has reached critical mass for its initial phase after HSBC Holdings plc...