6 Questions
What was TGL's plan for the Semenyih Factory Project?
To increase its capacity to supply gloves globally by another 25%.
When did TGL issue a Letter of Acceptance to QBSB for the Semenyih Factory Project?
On 2 February 2019.
What was the agreed rate for liquidated damages in the contract between TGL and QBSB?
RM20,000 per day.
What was the purpose of TGL's Semenyih Factory Project?
To increase TGL's capacity to supply gloves globally by 25%.
What was the total cost of the Semenyih Factory Project and how were liquidated damages calculated?
The total cost was RM75 million on a lump sum basis and liquidated damages were agreed at the rate of RM20,000 per day.
What was the dispute resolution clause in the bespoke contract signed by the parties?
Any dispute or difference arising out of or in connection with this contract shall be determined by a single arbitrator to be agreed between the parties, or failing agreement within fourteen days, by an arbitrator to be appointed in accordance with the Singapore International Arbitration Centre Rules 2016 unless otherwise agreed by parties.
Test your knowledge on the TGL and QBSB Semenyih Factory Project with this informative quiz. Learn about the background of the project, including TGL's decision to appoint QBSB despite their lack of experience, and the outcome of the project. Challenge yourself with questions related to the timeline, key players, and the impact of the factory on TGL's global supply of gloves. Put your knowledge to the test and see how much you know about this significant project in the gloves industry.
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