Breached Contracts


Contract Number: 1105378001 issued on January 10, 2005, 12:26 pm and became overdue for payment on October 16,2005

Company Name: Ahmed M Baaboud Trading Est
Address: CR No 403000136 CCR No 220
PO Box 669 Jeddah 21411
City: Saudi Arabia
Contact: Mohlyiddeen Koya
Telephone: +966 2 6042668
Fax: +966 2 6042650
Email: mohlkoya@yahoo com


Shipping to Ahmed M Baaboud Trading Est located in Saudi Arabia

Client ordered 750000 MTW of our material code 50-65 for 1 months at a price of $ 178.00 USD to be unloaded in China - Shanghai
Client currently owes $ 133,500,000 USD from October 16,2005 which is a full breech of contract on the initial amount of $ 133,500,000 due on October 16,2005
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: