Business

Tuesday October 9, 2012

Muhibbah Eng gets arbitration request


KUALA LUMPUR: Muhibbah Engineering (M) Bhd (MEB) has received a request from UEM Group Bhd for arbitration.

MEB was a subcontractor for UEM for the construction of Salwa Road at Qatar and the project was completed several years ago .

“MEB has received a notification from the Secretariat of the ICC International Court of Arbitration Asia Office of a Request for Arbitration from UEM in respect of an alleged claim by UEM for Qatari Riyal 31.4 million, which is approximately RM26.5mil,” it said in a filing with Bursa Malaysia.

The company is disputing the claim and challenging the request, and is presently taking legal advice on the same.

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