seng guan wong's comment on DNEX. All Comments

seng guan wong
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Arbitration Costs The 1st Respondent (DNeX Semi) is ordered to pay to the Claimant not later than 7 calendar days from the date of the Final Award is served on it:
(i) AIAC’s Administrative Fees of USD88,865.60 (inclusive of Malaysian SST) and bank charges of USD150.00;

(ii) Sole Arbitrator’s fees and expenses which are fixed by the Director of AIAC as USD411,600 and USD3,617.88 respectively;

(iii) Claimant’s costs of legal representation of RM794,551.42 and expenses RM13,449.96;

(iv) Cost of hearing room and transcription services of RM4,465.80 and SGD3,733.32 respectively;

(v) Claimant’s witness expenses of HKD18,050.66. Interest at 5% per annum will accrue on these amounts from 7 days after the date of the Final Award until full payment is received. All other claims and counterclaims were dismissed.
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seng guan wong
stupid directors. pay for nothing. wasting money
1 Like · 3 weeks · translate