Specialities Group unit wins KWD 5.4m tender

Kuwait – Mubasher: Specialized Construction General Trading and Contracting Co, a 99%-owned subsidiary of Specialities Group Holding, received a letter of award for a tender worth KWD 5.4 million.

The tender covers developing phase II of Doha Port, according to a bourse statement issued on Sunday.

The company expected a profit margin ranging between 6% and 8% of the contract’s value.

At the stock level, Specialities Group closed Sunday’s session 2.22% lower at 88 fils.

Mubasher Contribution Time: 11-Jun-2017 12:27 (GMT)
Mubasher Last Update Time: 11-Jun-2017 12:33 (GMT)