THHE unit gets writ of summons from Dubai to pay US$6.23mil


  • Business
  • Wednesday, 08 May 2019

?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

PETALING JAYA: TH Heavy Engineering Bhd’s (THHE) subsidiary, Floatech (L) Ltd, has received a writ of summons filed by Drydocks World – Dubai LLC on April 23.

In a filing with Bursa Malaysia, the plaintiff Drydocks World is said to be demanding Floatech to pay US$6.23mil for the wharfage charges, maintenance, repairs and installation equipment carried out by the plaintiff on the floating production, storage and offloading vessel Layang.


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THHE , Layang , summons , Drydocks World , Floatech ,

   

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