For its flagship 8 Conlay development in Kuala Lumpur, Malaysia, KSK Land Sdn Bhd announced today that it has terminated its contract with Grand Dynamic Builders Sdn Bhd (GDBSB), which is a wholly-owned subsidiary of GDB Holdings Berhad (GDB), as its main contractor.
According to KSK Land, the decision to terminate the contract between its wholly-owned subsidiary Damai City Sdn Bhd (DCSB), and GDBSB, was a difficult one following a failure to achieve agreeable solutions to various disputes relating to construction site matters over a period of the last nine months, including the scopes of work, construction programme, and financial instalment payments following the Covid-19 pandemic.
In the same press statement issued today, KSK Land said, “Throughout the process of discussions, there have also been an increasing number of conditions imposed by GDBSB, culminating in a series of demands communicated on 4 April 2023.”
KSK Land further elaborated, “In the communication, GDBSB requested for DCSB to novate all existing nominated sub contractors (NSCs) within a two-week period, and to take on all liabilities and responsibilities thereafter as well as for any matters arising prior to the determination of the NSCs. Further, GDBSB also asked to be removed from main builder works, and for DCSB to pay for the loss of profits arising from that.”
“These stipulations are extremely one-sided and unreasonable on the part of GDBSB as 8 Conlay’s main contractor, and despite best efforts to find a viable solution for each matter, it has become impossible for KSK Land and DCSB to accommodate or fulfil them,” concluded KSK Land.
KSK Land has been in talks with prospective replacement of main contractors since then, including Conlay Construction Sdn Bhd, which has formally made an offer to DCSB and will be making due announcements soon. 
