Resolution on WCT’s Middle-Eastern project

PETALING JAYA: WCT Holdings Bhd’s long-drawn dispute over a Dubai racecourse project that dates back to more than a decade finally sees a resolution.

This came after a judicial committee had upheld the Dubai Court of Appeal’s decision that recognises a final award of RM1.2bil in favour of the company in its dispute with Meydan Group LLC over the Nad Al Sheba Dubai Racecourse project.