KUALA LUMPUR: Although previously close to securing between RM2 billion and RM3 billion worth of financing for its Lifestyle Quarter in the Tun Razak Exchange (TRX) development, TRX City Sdn Bhd and its joint-venture (JV) partner Lendlease Corp Ltd appear to be having difficulties locking down funding.
According to sources, six banks had initially pledged their support for the 17-acre (6.88ha) mixed development, including local giants Malayan Banking Bhd and CIMB Group Bhd as well as several foreign-owned banks such as HSBC Bank Malaysia Bhd and Standard Chartered Bank Malaysia.
DC Universe’s digital subscription and streaming service has just appeared on Google Play, ahead of its planned fall 2018 release. Announced in late June, the service includes a streaming library of original programming like a live action version of “Teen Titans” and several other shows; plus a selection of DC animated movies, classic TV series […]
(Reuters) — Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company, backed by Chinese tech heavyweight Tencent, applied for a float of up to $1.8 billion, according to its filing with the Securities and […]