AL-KHODARI SIGNS SABYA CLEANING SAR 55 MILLION CONTRACT

With reference to the earlier announcement of 04/08/2013 Abdullah A. M. Al-Khodari Sons Company announces completion of the signing of the contract with the Ministry of Municipal & Rural Affairs (Jazan Municipality) for City Cleaning of Sabya and its villages in 1095 days from the date of site handing over, valued at SAR 55,227,082 (Fifty Five Million Two Hundred Twenty Seven Thousand Eighty Two Riyals) as per the contract copy which was received by the company on 13/11/2013 after being signed by His Highness the Minister of Municipal & Rural Affairs. The financial impact of this project is expected to start in the fourth quarter of the financial year 2013.