Malton, Nan Hai Corp's bid to build superstructure in Taipei affected


KUALA LUMPUR: Malton Bhd and Hong Kong-based Nan Hai Corporation Ltd's construction joint venture in Taipei has been affected after the Taiwan government disallowed the remittance of NT$1bil or RM133.66mil.

Malton said on Thursday the money was for the setting up of the special purpose vehicle (SPV) to build a superstructure above the airport express train station near the Taipei main train station.

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