PETALING JAYA: A tribunal in Dubai has awarded a wholly-owned subsidiary of WCT Holdings Bhd
RM1.19bil in claims over a contract dispute against Meydan Group LLC.
WCT Bhd (Dubai branch) and its joint-venture (JV) partner Arabtec Construction LLC had contested Meydan’s move in 2009 to terminate its contract for the construction and completion the Nad Al-Sheba race course project in Dubai.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
