Vertice, Consortium Zenith mutually terminate RM815mil Penang mega infrastructure contract

KUALA LUMPUR: Vertice Bhd and Consortium Zenith Construction Sdn Bhd have mutually terminated the contract for the construction works for Package 2 of the Penang Mega Infrastructure project worth RM815.0 million undertaken by Buildmarque Construction Sdn Bhd.

Buildmarque Construction is a 50:50 JV company formed between Vertice Construction, a wholly-owned unit of Vertice Bhd, and Vizione Construction Sdn Bhd, a wholly-owned subsidiary of Vizione Holdings Bhd, for the construction of a by-pass from Bandar Baru Ayer Itam connecting to Lebuhraya Tun Dr Lim Chong Eu.