Arbitral tribunal orders EA Technique to pay MHB RM122m


MHB said on Thursday it was informed by its solicitors Messrs Mohanadass Partnership that it received the final award dated Nov 10 handed down by the arbitrial tribune.

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has won its dispute with EA Technique (M) Bhd and was awarded US$29.52mil and costs of RM4.86mil over a contract dispute.

MHB said on Thursday it was informed by its solicitors Messrs Mohanadass Partnership that it received the final award dated Nov 10 handed down by the arbitrial tribune.

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