KUALA LUMPUR (Nov 22): Pasdec Holdings Bhd said a RM380 million vehicles electrical wiring harness contract awarded to its subsidiary in Botswana by Nissan South Africa (Pty) Ltd has been terminated.

This was due to due to a "failure to meet targets relating to part price, tooling price, quality, delivery conditions and production capacities" as agreed between the two sides, Pasdec said in a bourse filing today.