KUALA LUMPUR (Jan 12): FABER GROUP BHD []’s subsidiary Faber Ltd Liability Company is facing a suit from a sub-contractor, Sweet Home Technical Works Ltd Liability Company, for services provided for housing projects in Abu Dhabi.
Faber said on Thursday that it had received a statement of claim dated Jan 10 for AED13.12 million (RM11.21 million), which Faber LLC is disputing.
“The Al Dhafra Court of First Instance, Justice Department, Emirate of Abu Dhabi had fixed the hearing of the statement of claim on Monday, Feb 6, 2012,” it said.
Sweet Home was a sub-contractor of Faber LLC for the contracts relating to the civil, mechanical and electrical maintenance services for low cost houses at Liwa and Madinat Zayed in Abu Dhabi.
“There is no financial and operational impact arising from the statement of claim as Faber Group has made provision for the contract costs in relation to the contracts amounting to AED4.50 million (RM3.84 million).
Faber said on Thursday that it had received a statement of claim dated Jan 10 for AED13.12 million (RM11.21 million), which Faber LLC is disputing.
“The Al Dhafra Court of First Instance, Justice Department, Emirate of Abu Dhabi had fixed the hearing of the statement of claim on Monday, Feb 6, 2012,” it said.
Sweet Home was a sub-contractor of Faber LLC for the contracts relating to the civil, mechanical and electrical maintenance services for low cost houses at Liwa and Madinat Zayed in Abu Dhabi.
“There is no financial and operational impact arising from the statement of claim as Faber Group has made provision for the contract costs in relation to the contracts amounting to AED4.50 million (RM3.84 million).
