LRT3 main contractor liable for RM474.8mil in late penalties, says Loke | TheStarTV.com

LRT3 main contractor liable for RM474.8mil in late penalties, says Loke

Published on 3 Mar 2026 3:27:17 PM

The main contractor for the LRT3 project is liable to pay Liquidated and Ascertained Damages (LAD) amounting to RM474.8mil as of Dec 31 last year.

Transport Minister Anthony Loke said the figure was calculated based on the stipulated daily LAD rate of RM2.7mil imposed on the contractor for each day of delay.

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news, thestartv, the star, lrt3, delay, penalties, main contractor, prasarana malaysia berhad, lad, anthony loke

The main contractor for the LRT3 project is liable to pay Liquidated and Ascertained Damages (LAD) amounting to RM474.8mil as of Dec 31 last year.

Transport Minister Anthony Loke said the figure was calculated based on the stipulated daily LAD rate of RM2.7mil imposed on the contractor for each day of delay.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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Keywords:
news, thestartv, the star, lrt3, delay, penalties, main contractor, prasarana malaysia berhad, lad, anthony loke

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