Mubasher: Al Imtiaz Investment Group announced that its 87.5%-owned subsidiary, Hot Engineering and Construction Co, signed a contract valued at KWD 5.13 million with Kuwait Oil Company (KOC).
The contract covers providing employees to a center affiliated to KOC for a total duration of four years, according to a bourse filing on Tuesday.
Hot Engineering is expected to achieve a profit margin ranging from 3% to 5% of the contract’s value; this percentage is not fixed and can be changed.
