Tuesday, December 13, 2011

Al Femah seeks RM13.1m claim from Faber, Propel

KUALA LUMPUR (Dec 13): Al Femah Contracting and Transporting Establishment is seeking RM13.10 million in claims from FABER GROUP BHD []'s subsidiary and Projek Penyelenggaraan Lebuhraya Bhd (Propel).

Faber said on Tuesday its subsidiary Faber Limited Liability Company (Faber LLC) had received a summons and statement of claim from Al Femah.

Al Femah had sought the Court of First Instance, in Abu Dhabi Emirates to order FLLC and Propel to pay the amount. The first hearing of the summons and statement of claim will be held on Dec 29.

Al Femah is a Propel's sub-contractor for the maintenance of facilities and projects at Madinat Zayed, Zone-1, which was awarded by the Department of Municipal Affairs, Western Region Municipality, Emirate of Abu Dhabi.

Propel in turn is a sub-contractor of Faber LLC for the project.

'Propel has confirmed with Faber Group the balance outstanding is RM5.74 million. Propel received a further claim of RM7.30 million which Propel is currently disputing,' it said.

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