Prasarana Malaysia Bhd has paid RM3.5bil to the Light Rail Transit 3 (LRT 3) contractors up to October 2020.
Its chairman Datuk Seri Tajuddin Abdul Rahman said that on Monday (Jan 4), adding that Prasarana cannot afford to make progress payments on a monthly basis as it needs to manage its cash flow.
Tajuddin said Prasarana would be making its next progress payment to the LRT 3 contractors once it receives RM1.5bil in the drawdown from its sukuk.
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