Govt terminates 15-year port dredging concession over agreement violation from loke jodi Watch Video

⏲ Duration: 3:42
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✓ Published: 13-Jun-2024

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The government has terminated its 15-year port dredging and concession agreement with Integrated Marine Works Sdn Bhd (IMW) after the company breached multiple agreement terms.<br/><br/>Transport Minister Anthony Loke said the breaches included IMW changing shareholders without government approval and failure to pay concession charges.<br/><br/>Read more athttps://shorturl.at/SZHXk<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline