Group Five awarded SAR 200 mln contract by SWCC

Logo of Group Five Pipe Saudi Co.

Group Five Pipe Saudi Co. was awarded on Nov. 19 a more than SAR 200 million contract, including value-added tax (VAT), by the Saline Water Conversion Corporation (SWCC).

 

Group Five will supply pipes for the southern ring water transmission system in Riyadh, the company said in a statement on Tadawul.

 

It noted that there are no related parties to the deal.

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