THE company given the contract to rebuild the controversial car park at the foot of Penang Hill will be penalised RM5,000 a day if it fails to complete the job by Sept 25.
Penang Development Corporation (PDC) has given an ultimatum to Yuan Seng Building Trading Sdn Bhd, which was awarded the contract on Nov 26, 2012, to complete the RM11.5mil project by then or face liquidated and ascertain damages at a rate of RM5,000 a day as stipulated in the conditions of the contract.
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