Not the best translation, but:
The Peak project is a 55-story mixed-use development that includes one for the hotel and office and two for the supermarket and The multi-storey car park (hereinafter referred to as the "Project") was developed by Auschim (Cambodia) Co., Ltd. Liddy (hereafter referred to as "Axel James") is a subsidiary Oxley Holdings Limited. Axel Chem has contracted with Sino Great Wall International Engineering Co., Ltd. (Hereafter referred to as "SGW") to SGW as the contractor for the project.
Unfortunately, due to the financial problems of SGW's parent company and due to improperly managing SGW, the construction of the project was difficult. And very slow. Auxilium, the developer of the project, has offered to help SGW so it can build on time. It has also been extended to SGW for completion. However, SGW is not trying to improve its construction obligations, which clearly shows that the company is not really capable. Completion of project construction on schedule. Therefore, in order to avoid further delays, Axel Chem decided to terminate the construction contract with SGW in October 2019.
Auxilium has since appointed a new construction company, China Railway Urban Construction Group Co., Ltd. (Hereafter referred to as "CRUCG"), a Chinese state-owned company with good financial condition.
Once the construction contract with SGW is dissolved, the company is obliged to leave the project site to allow CRUCG to occupy the site to continue. Project construction. However, SGW breached its contractual obligations by not leaving the project site and illegally occupying the project. This caused the construction of the project to be very slow as CRUCG was not able to enter the project site to begin its work.
Consequently, James Lime filed a restraining order at the Phnom Penh Municipal Court asking the court to order SGW to leave. Project Location To enable Auschrom to exercise its legal rights as a project owner and developer. In the procedural safeguards, the court summoned and afforded SGW the opportunity to participate in the proceedings to defend and defend itself along the way in court.
However, SGW ignored the court summons, which prompted the Phnom Penh Municipal Court to agree with the appeal of the company. The Phnom Penh Municipal Court issued a protection order dated 14 February 2020, ordering SGW, subcontractors and their employees to leave the project site immediately.
On February 25, 2020, the bailiff of the Phnom Penh Municipal Court began to issue a restraining order at the project site in accordance with the legal procedure available with the help of the competent authorities.
At that time, SGW refused to cooperate with the bailiffs and authorities, and even blocked the implementation of the court order in conflict with the authorities. As for SGW's actions in opposition to the court ruling and obstructing authorities while carrying out the duties, the lawyer stated that This act may be considered an offense under the laws of the Kingdom of Cambodia.
Despite this obstruction, the bailiff successfully escorted the SGW team out of the project site to date Auxilium can fully occupy and manage the project site, so CRUCG could start work on the project soon. This face.
Alchemy is now requiring its lawyers to study the legal aspects and file claims for damages from SGW for all damages it has suffered as a result of breach of duty and various breaches of SGW.
The advert: https://www.oxleyworldbridge.com.kh/the-peak
Another Condo Project Looking Shaky
- Bong Burgundy
- A Moment of Clarity
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- maxx
- I've got internet at work
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this sars cov 2 is a wrecking ball through the global economy
research scientists hoping that the northern hemisphere spring will curtail its spread through warmer weather but its spreading in the southern hemisphere summer already
tried clicking on their website links for the condos but 404error is all that cums up
what are the banks going to do with unfinished projects & bad debts, probably go bankrupt
research scientists hoping that the northern hemisphere spring will curtail its spread through warmer weather but its spreading in the southern hemisphere summer already
tried clicking on their website links for the condos but 404error is all that cums up
what are the banks going to do with unfinished projects & bad debts, probably go bankrupt
I thought the Peak was a Singaporean project and was probably going to be OK. But no.
How’s the planning going for the worlds tallest building on the old carnival site opposite the Naga.
Don’t tell me there are holdups there as well?
How’s the planning going for the worlds tallest building on the old carnival site opposite the Naga.
Don’t tell me there are holdups there as well?
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