Oxley unit, former contractor in dispute over The Peak project
Oxley Gem (Cambodia) is seeking compensation for alleged breaches of obligations; SGW is counter-suing
Singapore
A UNIT of Oxley Holdings has started legal proceedings against its former contractor, Sino Great Wall Engineering Co (SGW), in a dispute over its project The Peak in Cambodia.
On April 1, Oxley Gem (Cambodia) commenced formal legal proceedings in Singapore against SGW to seek compensation for alleged damages suffered due to SGW's repeated breaches of its obligations, Oxley said in a filing to the Singapore Exchange late Thursday night.
Oxley Gem had called on the two performance bonds provided by SGW for the project and terminated the contract in October last year after signi…
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