[17] The skyscraper was first conceptualized when TRX was controlled by 1Malaysia Development Berhad (1MDB), a sovereign fund owned by the Government of Malaysia.
[18] Groundwork on the Exchange 106 plot commenced on 1 March 2016, with the mat concrete foundation laid in May 2016 (see "Progress" section below).
[22] In December 2017, the building was structurally topped out, 19 months after commencement, achieving an average of 3 days a floor.
[25] Later on, the construction of the mall was delayed due to the strict Movement Control Order (MCO) in the country caused by the COVID-19 pandemic.
[27] The tower, along with Merdeka 118, has often been referred by many Malaysians as highly unnecessary and a "national disgrace", with their presence on the Kuala Lumpur skyline "tainted" and signifying the legacy of the scandal.
[28][29] Mulia Group began promoting around December 2017, during construction, that The Exchange 106 would reach a height of 492.3 meters, surpassing the Petronas Twin Towers to become the tallest building in Malaysia.