Awinco Sdn Bhd, the supplier, and Mr. Ngui Sze Chiat, the developer, have signed an MOU for Awinco to provide materials for Mr. Ngui’s project. The arrangement is on a contra basis, meaning the materials supplied will be of equivalent value to that of one double-storey shop house. This implies that instead of receiving payment in cash, Awinco will be compensated with materials of comparable worth to the property mentioned. It’s a barter-like agreement often seen in business dealings, particularly in construction and development projects.