Kuwait – Mubasher: National Cleaning said that a 75%-owned subsidiary provided the lowest bids in a tender offered by the social affairs ministry.
The tender contract is worth KWD 8.13 billion with duration period of three years, according to a bourse statement issued Sunday.
The financial impact will be determined once the tender’s contract is awarded.
On the stock level, National Cleaning fell 2.6% to 37.5 fils after 100,000 shares were traded at a value of nearly KWD 3,760.