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.
PETALING JAYA: Fajarbaru Builder Group Bhd
’s unit has bagged a RM297.5mil contract from Malton Bhd to build two tower blocks in a high-rise residential development named Duta Park Residences in Kuala Lumpur.
Fajarbaru said in a statement that its unit, Fajarbaru Builder Sdn Bhd, has won a contract from Malton Development Sdn Bhd for the project in Jalan Kuching.
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