NWP terminates affordable housings turnkey contract

by TMR

NWP Holdings Bhd, noted its unit, NWP Builder Sdn Bhd has terminated the turnkey contract it had with M2B World (M) Sdn Bhd due to progress made on negotiations.
 
An exchange filing noted.
 
The turnkey contract involved the development of six projects namely to construct affordable housing under SPNB Aspirasi as well as the Perbadanan PRIMA Malaysia (PRIMA) developments in Ampang, Selangor; Sandakan, Sabah; Pekan, Pahang; Kota Bharu, Kuala Kerai and Ketereh in Kelantan.