High Court upholds RM77mil award against Merdeka 118 subcontractor
KUALA LUMPUR: The High Court has affirmed a RM77 million arbitration award in favour of the main contractor for the Merdeka 118 tower, dismissing nearly 70 challenges brought by its subcontractor.
The High Court has upheld a RM77 million arbitration award against Merdeka 118 subcontractor Global Wall (Malaysia) Sdn Bhd (GWM). Judicial Commissioner Rajes Raghavuji dismissed nearly 70 challenges from GWM, finding that they did not meet the legal threshold for setting aside the final award. The dispute centered on facade works for the landmark skyscraper project.
GWM suspended the works in October 2022, while SUJV, the main contractor, terminated the subcontract later that year. The arbitration tribunal ruled that SUJV's termination was unlawful and ordered GWM to pay RM77,022,327.67, including RM4,939,123.37 in interest and additional costs. Judge Rajes rejected GWM's arguments, stating that their complaints were primarily disagreements with the tribunal's findings and interpretations of the subcontract and law. He also emphasized that parties must accept the tribunal's judgment once they choose arbitration.
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