In its filings with Bursa Malaysia, Yong Tai said its wholly-owned subsidiary YTB Impression Sdn Bhd terminated the deal due to non-fulfilment of the condition precedent as stated in clause 3.1(c) of the joint development agreement. Yong Tai fell half a sen to close at 32.5 sen yesterday.
KUALA LUMPUR: Fajarbaru Builder Group Bhd
's unit has secured a RM27.17mil contract from Knusford Bhd to build a bridge along the Setiawangsa-Pantai Expressway, Duke phase three.
It said on Friday its unit Fajarbaru Builder Sdn Bhd had accepted the letter of award from Knusford Construction Sdn Bhd to construct the bridge.
Fajarbaru said the contract period was seven months, starting from July 22 this year to Feb 21, 2020.
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