Legal trouble: WCT’s former subcontractor for the Meydan Racecourse project in Dubai, the China-based Triumpher Steel Construction Group Ltd, is claiming approximately RM131mil in compensation for the steel-related works it has delivered but yet to be paid.
PETALING JAYA: WCT Holdings Bhd
could take a hit if newly-initiated arbitration proceedings by its former subcontractor does not end in its favour.
WCT’s former subcontractor for the Meydan Racecourse project in Dubai, the China-based Triumpher Steel Construction Group Ltd, is claiming approximately RM131mil in compensation for the steel-related works it has delivered but yet to be paid.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
