The value and number of disputes filed at SIMC has risen substantially over the years.
In 2021 alone, the total value of disputes heard amounted to over US$3 billion, equalling the US$3 billion total dispute value for the previous six years (2014-2020) since SIMC’s inception.
SIMC Chairman George Lim SC and Ng Chai Ngee, SIMC Board Member, explain why, and break down the process with Prime ...