WCT Wins Arbitration: Nad Al Sheba Dubai Racecourse Project WCT
Holdings Berhad announced yesterday that its subsidiary, WCT Berhad has
received a favourable Final Award ruling in an arbitration case against
Meydan Group LLC (formerly known as Meydan LLC) ("Meydan") in relation
to the cancellation of the construction and completion of the main
building works, external works and infrastructure works contract of the
Nad Al Sheba Racecourse, Dubai, U.A.E. (“Contract”).