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.
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