AL-KHODARI SIGNS NETWORK CONSTRUCTION CONTRACT WITH MINISTRY

27/03/2012 Tadawul

With reference to the earlier announcement of 26/11/2011, Abdullah A. M. Al-Khodari Sons Company announces completion of the signing of the contract with the Ministry of Water and Electricity for the construction of sewage networks in Qalwa City Al Baha Province (Phase 1) within a period of 36 Months from the date of site handing over. The contract is valued at SAR 67,000,000 as per the contract copy which was received by the company on 26/03/2012 after being signed by his Excellency the Minister of Water and Electricity. The financial impact of this project is expected to start from the second quarter of the financial year 2012.

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