PT Jawa Tirtamarin v PT Pertalahan Arnebatara Natuna - Singapore International Arbitration Centre - SIAC Arb No 050 of 2006 - Award -13 July 2007
Country
Year
2007
Summary
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IV. CONCLUSION
71. Now, I, Toh Klan Sing, having carefully considered the documentary and oral evidence submitted to me, do hereby MAKE, ISSUE AND PUBLISH THIS MY FINAL AWARD:-
(a) I find that the Claimants are entitled to recover the sums of US$815,548.16 and Rp26,015,100 from the Respondents. The Respondents shall pay the sums of US$815,548.16 and Rp26,015,100 to the Claimants forthwith with interest thereon at 6% per annum from 11 May 2006 (being the date of commencement of the arbitration) up to the date of this award.
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Toh Khan Sing, SC
Sole Arbitrator
(OCR errors may be present)