Chinese firm loses bid for Sh73m dues


Business Daily | by Joseph Wangui

The High Court has declined a request by a Chinese construction company to force two real estate dealers to pay it a debt of Sh73 million that has remained unsettled for more than five years.

China Wu-Yi Company Limited wanted Suraya Properties and Muga Developers Ltd be forced to release to it titles of 10 houses at Fourways Junction Kiambu to settle the debt.

The property known as Fourways Junction Project comprises housing units and ancillary facilities…

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