Monday, October 18, 2010

Sime Engineering files RM15.24m suit against AZRB

KUALA LUMPUR: Sime Engineering Sdn Bhd has filed a suit against AHMAD ZAKI RESOURCES BHD [] over alleged breaches in the Malaysia-China Hydro joint venture agreement dated June 12, 2002 relating to the Bakun dam.

AZRB said on Monday, Oct 18 it was served with a writ summons and statement of claim dated Oct 12 by Sime Engineering claiming 'RM15.24 million for alleged breaches by AZRB of the Malaysia-China Hydro JVA' relating to Bakun hydroelectric project package CW2 - main civil works.

'AZRB denies the claim and has consulted its solicitors who will defend the suit,' it said.


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