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BackSep 06, 2018
Type Announcement
Subject OTHERS
Description

ENRA GROUP BERHAD ("ENRA" OR "COMPANY") PAYMENT CLAIM PURSUANT TO SECTION 5 OF THE CONSTRUCTION INDUSTRY PAYMENT AND ADJUDICATION ACT 2012 BY ENRA ENGINEERING AND FABRICATION SDN BHD AGAINST GEMULA SDN BHD

Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the Company’s announcements dated 30 March 2018 and 16 April 2018 in relation to the above.

The Company wishes to announce that EEFab, a wholly-owned indirect subsidiary of ENRA, has today received the Adjudication Decision dated 6 September 2018 issued in its favour.

The Adjudicator has determined that:

  1. Gemula shall pay EEFab the total outstanding sum of RM10,222,583.87;
  2. Gemula shall pay EEFab interest at the rate of 5% per annum on each invoice claimed by EEFab from its respective due date for payment until full and final settlement; and
  3. Gemula shall pay the total costs of adjudication in the amount of RM132,594.00.

This announcement is dated 6 September 2018.

 

 

 


Announcement Info

Company Name ENRA GROUP BERHAD
Stock Name ENRA
Date Announced 06 Sep 2018
Category General Announcement for PLC
Reference Number GA1-06092018-00057

ENRA Group Berhad (236800-T)

D2-U3-10, Block D2, Solaris Dutamas, No.1, Jalan Dutamas 1,
50480 Kuala Lumpur, Malaysia.


Tel : (+6)03 2300 3555 | Fax  : (+6)03 2300 3550 | Email : info@enra.my

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