Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company announced Thursday it signed a contract worth SAR 48.5 million with Al- Fouzan Trading & General Construction Co. to supply LG Chillers for the infrastructure project at the governmental complex in Riyadh which is owned by the Finance Ministry.

The company added that the deal’s financial impact will reflect on its financial statements starting from the second quarter of 2016.

Shaker will start the procurement process in the second quarter of 2016, while all initial delivery operations will be completed in the fourth quarter of the same year.