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Hot Engineering and Construction Co wins maintenance works tender

Hot Engineering and Construction Co wins maintenance works tender
Hot Engineering and Construction Co wins maintenance works tender
ALIMTIAZ
ALIMTIAZ
6.05% 49.10 2.80

Kuwait – Mubasher: Hot Engineering and Construction Co, a subsidiary of Al Imtiaz Investment Group, was awarded a tender to maintain precision machinery and controlling systems of the Mina Abdullah Refinery.

Hot Engineering and Construction Co is expected to achieve a profit margin between 2% and 4% from the tender’s value, according to Al Imtiaz Investment Group’s statement to Boursa Kuwait.

The profit margin is estimated, and Al Imtiaz’s stake will be calculated from net profits.