OTHERS WCT Holdings Berhad ("WCT" or "the Company") Arbitration between Segi Astana Sdn Bhd and Malaysia Airports Holdings Berhad
WCT HOLDINGS BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | WCT Holdings Berhad ("WCT" or "the Company") Arbitration between Segi Astana Sdn Bhd and Malaysia Airports Holdings Berhad |
Reference is made to the Company’s announcement dated 25 March 2019 pertaining to the Notice of Arbitration served by the Company’s 70% owned joint-controlled company, Segi Astana Sdn Bhd (“SASB”) on Malaysia Airports Holdings Berhad (“MAHB”) in respect of losses and damages suffered pertaining to, inter alia, the delay in the commencement of the commercial operation of the KLIA-2 Integrated Complex. The Board of Directors of WCT wishes to announce that the Company had on 22 November 2022 received the Arbitral Tribunal’s final award, where the Tribunal has issued the following orders:
This announcement is dated 23 November 2022. |
Announcement Info
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 23 Nov 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-23112022-00070 |