GRP's Ratus Nautika Initiates Arbitration Against Housing Project Contractor

MT Newswires

2025/02/21

GRP (SGX:BLU) said its Malaysian subsidiary, Ratus Nautika, has formally requested arbitration against EESB, following the termination of EESB's role as the main contractor for an affordable housing project in Seri Iskandar, Perak, Malaysia, according to a Thursday filing on the Singapore Exchange.

The company is consulting legal advisers on the next steps.

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