Malaysia Airport Holdings Berhad (MAHB) has imposed daily damages of about RM 200,000 on UEM Construction – the Bina Puri JV – for failing to complete the construction work of KLIA2 as per schedule. The JV failed to complete the work by the approved June 15, 2013 deadline. Consequently, MAHB has issued a certificate of non-completion and has started imposing daily liquidated ascertained damages on the contractor.
