Ze­lan gets ar­bi­tra­tion no­tice from Hi­tachi

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: En­gi­neer­ing and con­struc­tion group Ze­lan Bhd’s wholly owned sub­sidiary Ze­lan Hold­ings (M) Sdn Bhd (ZHSB) has re­ceived an ar­bi­tra­tion no­tice from Hi­tachi Ltd on dis­putes and dif­fer­ences aris­ing from a sub-con­tract to sup­ply, de­liver, in­stall, test and com­mis­sion a wa­ter cooled chiller.

Hi­tachi is claim­ing against ZHSB, an ag­gre­gate amount of AED15.21 mil­lion (RM16.11 mil­lion) for the works done and ma­te­ri­als on­site, ma­te­ri­als off-site and sub­con­trac­tor’s claims, sus­pen­sion cost, de­mo­bil­i­sa­tion cost and in­ter­est on amounts cer­ti­fied.

ZHSB had on April 16 re­ceived the re­quest for ar­bi­tra­tion from the Sec­re­tar­iat of the In­ter­na­tional Court of Ar­bi­tra­tion, In­ter­na­tional Cham­ber of Com­merce.

The group said in a bourse fil­ing that the dis­pute was for the Pack­age No. MEP/005 sub­con­tract be­tween Hi­tachi’s unit Hi­tachi Plant Tech­nolo­gies Ltd and ZHSB dated May 15, 2012, for the Meena Plaza mixed use de­vel­op­ment project in Abu Dhabi, United Arab Emi­rates.

“ZHSB shall take all nec­es­sary steps to de­fend or safe­guard ZHSB’s in­ter­ests in the ar­bi­tra­tion pro­ceed­ings, in­clud­ing but not lim­ited to seek­ing le­gal ad­vice on the mer­its of the claims by Hi­tachi,” said the group’s board of di­rec­tors.

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