RAWANG: The dispute between Prasarana Malaysia Bhd and Scomi Group Bhd, which dragged on for years, has finally ended with the signing of a settlement agreement yesterday.
The new deal supersedes the previous RM494 million contract awarded to Scomi Group’s wholly-owned subsidiary Scomi Engineering Bhd in December 2010 in respect of the Kuala Lumpur Fleet Monorail Expansion (KLFME) project that was terminated in 2016.