WCT Holdings Bhd said the judicial committee has upheld the Dubai Court of Appeal’s decision to recognise the RM1.19bil award which Meydan Group LLC has to pay in the Nad Al Sheba Dubai Racecourse dispute.
KUALA LUMPUR: Construction firm WCT Holdings Bhd
said the Judicial Committee has upheld the Dubai Court of Appeal’s decision to recognise the RM1.19bil award which Meydan Group LLC has to pay in the racecourse dispute.
In a filing with Bursa Malaysia, WCT said that since the issuance of the final award, WCT Bhd (WCTB) had been pursuing the necessary legal proceedings for recognition and enforcement of the final award.
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