MAHB to pay additional RM8.7mil to Penang airport contractor FMTNews FMTBusiness
Malaysia Airports Holdings Bhd has been instructed to pay an additional RM8.71 million to Syarikat Pembinaan Anggerik Sdn Bhd over a dispute regarding Penang International Airport’s upgrading works.
PETALING JAYA: Malaysia Airports Holdings Bhd has been ordered by the Court of Appeal to pay an additional RM8.71 million to a contractor over a dispute regarding Penang International Airport’s upgrading works. In a filing with Bursa Malaysia yesterday, the group said this brought the total sum awarded to Syarikat Pembinaan Anggerik Sdn Bhd to RM18.64 million.
In April 2017, SPASB initiated a civil suit against MAHB for the eventual total sum of around RM66.8 million for alleged losses and damages pertaining to works carried out by the company.This involved renovating the main terminal building as well as upgrading the drainage system near the airport runways.
However, completion of the works was delayed because of flooding and issues such as the collapse of parts of the ceiling.In its suit, SPASB said it was entitled to claim for losses and damages because of unexpected acceleration of the relevant portion of the work.“The company wishes to announce that on April 6, 2023, the Court of Appeal awarded SPASB a further sum of RM8,708,532.67,” said MAHB.Subscribe to our newsletter and get news delivered to your mailbox.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Felcra to distribute RM182.7mil in profits to 68,437 participants, says ZahidJELEBU: A total of 68,437 Felcra Bhd participants nationwide will receive the Final Participant Project Distributable Profit 2022 payment amounting to RM182.7mil, says Datuk Seri Dr Ahmad Zahid Hamidi.
Read more »
(Video) Angry Foodpanda Rider Seen Attacking Female Staff In Penang Cafe - Hype MYWe've heard many stories of delivery riders being heroes. There've been stories about their good deeds like the one rider who rescued a woman from being
Read more »
MBPP: Proposal to build next to Penang heritage site must get National Heritage Dept’s approvalGEORGE TOWN: Any proposal to build next to a heritage landmark will not begin without the consent of the National Heritage Department, says the Penang Island City Council (MBPP).
Read more »
KDA tewaskan Penang dengan 10 pemainWan Amirul Afiq Wan Ab. Rahman diperintah keluar padang apabila mengutip kad kuning kedua kerana sengaja menyentuh bola dengan tangan
Read more »
(Video) Malaysians Slam Foreign Tiktoker For Crossing Second Penang Bridge On Bicycle - Hype MYThe Sultan Abdul Halim Muadzam Shah Bridge or Second Penang Bridge, is known to be the second longest bridge in Southeast Asia, with a total length of 24km.
Read more »
RM227,914 worth of drugs seized in Penang following raid and arrest of local manGEORGE TOWN: Police have busted a local drug trafficking syndicate with the arrest of a 52-year-old man and the seizure of RM227,914 worth of drugs on Monday (April 3).
Read more »