08-07-2025
- Business
- New Straits Times
MyCC fines three companies RM2.98mil for bid rigging
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has imposed a penalty of RM2.98 million on three enterprises for engaging in bid rigging in six tenders worth RM45 million.
The three enterprises are Abadi Malaysia Sdn Bhd, Kota Lanskap Sdn Bhd and Usia Maintenance Sdn Bhd.
The tenders involved several projects related to building and facility maintenance, landscaping and civil engineering works in Putrajaya.
MyCC chief executive officer Datuk Iskandar Ismail said following a complaint on potential bid rigging, MyCC conducted an assessment and identified nine enterprises suspected in a bid rigging cartel.
"As a result of the investigation, MyCC issued a proposed decision to the enterprises on Sept 10 last year and subsequently received their representations on Nov 11 (last year) and March 13 this year.
"After thoroughly reviewing these representations, MyCC concluded that the enterprises had infringed the Competition Act," he told a press conference today.
He said the bid rigging modus operandi was coordinated by Abadi Malaysia.
