PETALING JAYA: SWA Shipping Sdn Bhd is facing a deadline of Feb 25, as Pos Logistics Bhd is considering terminating the RM123.21mil deal for the acquisition of PNSL Bhd.
The deadline marks the point at which SWA Shipping has failed to meet its obligations under the sales and purchase agreement (SPA), said Pos Malaysia Bhd
in a filing with Bursa Malaysia yesterday.
