Mubasher: Hot Engineering and Construction Co, a subsidiary of Al Imtiaz Investment Group, has signed a tender contract with Kuwait Oil Company (KOC).
The contract is worth KWD 2.4 million ($7.87 million), with a duration period of five years, according to a bourse statement issued on Thursday.
The subsidiary is expected to realise a profit margin ranging from 3% to 5% of the contract’s value.
