SunCon gets RM21mil settlement from Indian govt


PETALING JAYA: The Indian government has agreed to pay 375.32 million rupees or RM21mil to a unit of Sunway Construction Group Bhd (SunCon) as a settlement for a previous highway contract in the state of Rajasthan.

Sunway Construction Sdn Bhd (SCSB) had, on Jan 5, entered into a settlement agreement with the National Highways Authority of India (NHAI) for “all the claims and disputes” pertaining to a contract for the East West Corridor project.

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