Page 80 - Mission Brief Qatar 2019 v2

 SDE has appointed external legal counsel (Ince & Co and
Al-Tarmimi) to initiate legal proceedings against QP. On
15 August 2012, SDE filed a Statement of Claim at the
Qatar Court for the sum of QAR1 billion (approximately
RM1.1 billion) seeking the repayment of a liquidated
performance bond, payment of outstanding invoices,
compensation and additional costs incurred in relation to
an offshore engineering project in Qatar undertaken by
SDE pursuant to a contract dated 27 September 2006.

 On 21 July 2016, the Court ordered QP to pay QAR12.9
million (approximately RM14 million) to SDE (Judgement)
and both parties have appealed to the Court of Appeal
against the Judgement.

 On 30 October 2017, the Court referred the matter to court
experts to examine the appeal and fixed 3 June 2018 for
the experts to submit their report. Subsequently, the court
granted an extension to the experts until 3 December
2018 for them to submit their report. SDE’s counsel is of
the view that there is a likelihood that the Court of Appeal
will adopt the views of the experts in the experts’ report.

 The court experts submitted their report on 27 January
2019, mainly reiterating their position as per their earlier
report issued at the Court of First Instance.

 SDE has now decided not to challenge the experts’ report
and hope the court will issue its judgment based on the
court experts’ report in favour of SDE.

 As of today, there was no decision whether QP will be
making any submission to challenge the court experts’
report.

 On 17 April 2019, Sime Darby wrote a letter to H.E. Fahad
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