World Wide Holdings Shot Itself in the foot in 2019, and now its China partner is demanding RM368 million.

WORLDWIDE Holdings, a Selangor state Government entity, should think of finding ways to settle the law suit brought Western Power Clean Energy Sdn Bhd (WPCESB) out of court.

The company,  unit owned by  China Western Power Engineering & Construction Co. Ltd and China Western Power International Pte Ltd is suing World Wide Holdings for RM368 million for breach of contract.

IN 2018 Worldwide, inked an agreement with the mainland back entity , READ : To build a RM500 million waste to energy facility In Jeram, Selangor.

A year latter, World Wide seems to have had second thoughts about dealing with WPCESB. 

AND how do I know about this. Well because being , state controlled entity , WorldWide Holdings, never things before it acts. 

BY May 2019, WorldWide Holdings nicely documented and put it up on the Internet that it may not work with the Chinese entity in the coming phases. 

ALL the sorid details are on the May issue of the 2019. GREEN News Letter.