Served a request for arbitration by sub-contractor. Bahrain Asphalt Establishment (BAE), a sub-contractor to the 51:49 JV between Gamuda and WCT for the Dukhan Highway project in Qatar, has served the Gamuda-WCT JV a request for arbitration, claiming a total sum of QAR109.3m (RM101.1m), comprising costs arising from the delay in the completion of the sub-contract (i.e. granular sub-base and flexible pavement works), and certain overcharging and wrongful deductions, coupled with unquantified sums for legal, arbitration and interest costs. WCT is of the opinion that the request for arbitration is pre-mature as the preconditions stipulated in the arbitration clause have not been met, and it has a good defence against the claims.
WCT Berhad : Served A Request For Arbitration Amounting To RM49.5m - 10/03/2010
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