Monday, August 22, 2011

TRIplc sues Eurisco over Pahang road project

KUALA LUMPUR: TRIplc gad filed a suit against Eurisco Bina Sdn Bhd to recover an advance payment of RM1.5 million and costs over a road project bid.

TRIplc said on Monday, Aug 22 it had filed a writ of summons to recover RM1.5 million which is the advance payment, and interest at the rate of 8% on the RM1.5 million from the date of judgment to the date of full payment, and costs.

It said the payment to Eurisco was for the preparation, submission and negotiation of the bid to upgrade the Jalan Benta-Jerantut stretch in Maran. The agreement was signed on Sept 7, 2010.

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