PETALING JAYA: Putrajaya’s agreement with Spanco Sdn Bhd, the company handling the procurement and management of the government’s fleet of vehicles, remains in effect, says the finance ministry.

This comes after Cekap Urus Sdn Bhd withdrew its notice of discontinuance over a terminated letter of intent for a multi-million ringgit vehicle fleet concession.

“The government terminated us and gave the contract to Spanco Sdn Bhd, when actually we provided a bidding price of RM700mil cheaper compared to them,” he said. “So we have filed a legal ...