news

Tabung Haji terminates services of subcontractor due to delays

KUALA LUMPUR (Feb 19): Lembaga Tabung Haji (LTH) has terminated the services of one of its subcontractors for the Tabung Haji Complex due to delay in works completion.

In a statement today, LTH said it had paid only 10.83% to one of its subcontractors for the Tabung Haji Complex due to delay in works completion.

It said that the amount paid was in accordance with the agreement stipulated in the contract, in which the subcontractor had only completed 17% of the project so far.

The services of the subcontractor were terminated by Turnkey Development Contractor TH.

The Tabung Haji Complex is situated close to Kuala Lumpur International Airport and slated for completion by end-2017.

The pilgrimage fund added that with regards to the Tun Razak Exchange, it had only purchased one plot of land. -- theedgemarkets.com

Do not ask your mother-in-law about the value of your home. Click here at The Edge Reference Price to find out.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. HSBC invests RM1b to open new head office in TRX
  2. Limited impact from lockdown
  3. IJM Corp lands two contracts with combined value of RM327.6 million