KUALA LUMPUR: Construction and property development group SBC Corp Bhd and Sabah Ports operator Suria Capital Holdings Bhd have agreed to restructure part of the payment terms for their joint venture Jesselton Quay project in Kota Kinabalu.
In a Bursa filing, SBC Corp said the payment restructuring was due to the impact of the Covid-19 pandemic which had affected the sentiment of the tourism and property market.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!