Al Imtiaz unit inks KWD 149.8m tender deal

Mubasher: Al Imtiaz Investment Group said that its subsidiary, Hot Engineering and Construction Co, signed a five-year tender contract with Kuwait's Directorate General of Civil Aviation.

The contract is worth KWD 149.8 million ($489.3 million), according to a bourse statement issued on Thursday.

A profit margin ranging from 1% to 3% is expected to be generated, yet can be modified, the statement noted.

Mubasher Contribution Time: 16-Mar-2017 09:53 (GMT)
Mubasher Last Update Time: 16-Mar-2017 13:09 (GMT)