The government has decided to terminate the deal with the current developer of Plaza Rakyat following failed negotiations and an overshot deadline to revive the project in Pudu, Kuala Lumpur, which has become an eyesore.
Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin said while the decison had been made, the legal process would take between three and six months after the termination letter had been sent out.
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