Mudajaya: RM119m job to build office tower terminated

15 Aug 2018 / 22:53 H.

    PETALING JAYA: Mudajaya Group Bhd said today its wholly owned subsidiary Mudajaya Corp Bhd's RM119 million contract to build a
    16-storey office complex in Shah Alam, Selangor, from KLIAA-KLIACS Consortium (KLIA Consortium), known as Hevea Tower, has been terminated.
    Mudajaya Corp received the notice on the termination, which took effect on Monday, from KLIA Consortium on Tuesday.
    KLIA Associates Sdn Bhd and KLIA Consultancy Services Sdn Bhd, which formed KLIA Consortium, were appointed by Malaysian Rubber Board (MRB) as the project delivery partner (PDP), and Mudajaya Corp was appointed by KLIA Consortium as the work package contractor for the project.
    On March 15, 2018, MRB and KLIA Consortium agreed to the mutual cessation of the PDP agreement.
    Mudajaya Corp will submit claims for the outstanding amount including any other costs incurred to close the project's account within the stipulated time.

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