Combined Group receives KOC tender’s change order

Mubasher: Combined Group Contracting Company has received a change order regarding Kuwait Oil Company’s (KOC) tender at a total value of KWD 4.19 million.

The change order represents 5.74% of the tender’s overall value of KWD 72.94 million, according to a bourse statement issued on Sunday.

Combined Group expected good financial results during the execution period of the tender; however, the company has not disclosed the impact yet.

At the stock level, Combined Group closed Sunday’s session 5.45% lower at 468 fils. 

Mubasher Contribution Time: 12-Nov-2017 14:05 (GMT)
Mubasher Last Update Time: 12-Nov-2017 14:05 (GMT)