Kuwait-Mubasher: National Cleaning said that a 100%-owned subsidiary was named the lowest bidder in a tender worth about KWD 507,070 in India, the company said in a bourse filing.
The Kuwaiti company noted that the same subsidiary was awarded another tender worth around KWD 657,000 in India.
The two tenders have duration of two months each.
The bourse statement added that a profit margin of 5% will be generated by each tender.
