SIAB Holdings: SIAB, Yong Tai mutually terminate two outstanding condominium projects valued at RM190.4 mil

SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million. SIAB was the main contractor of the projects through its wholly-owned unit SIAB (M) Sdn Bhd, it said in its filing