Breached Contracts


Contract Number: 1075986630 issued on February 5, 2004, 8:10 am and became overdue for payment on May 25,2004

Company Name: INOVASI LOGAM SDN . BHD
Address: MENARA MUTIARA
SUITE 8-10-6, 8 JALAN LIKU BANGSAR
City: 59100 KUALA LUMPUR MALAYSIA
Contact: LOUIS PRAGASAM
Telephone: 603-2282-5195
Fax: 603-2283-1708
Email: inovasilogam@hotmail.com


Shipping to INOVASI LOGAM SDN . BHD located in 59100 KUALA LUMPUR MALAYSIA

Client ordered 47500 MTW of our material code 200-206 for 12 months at a price of $ 133.00 USD to be unloaded in Albania - Durrés
Client currently owes $ 75,810,000 USD from May 25,2004 which is a full breech of contract on the initial amount of $ 6,317,500 due on May 25,2004
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: