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Combined Group receives KOC tender’s change order

Combined Group receives KOC tender’s change order
Combined Group expected good financial results during the execution period of the tender
CGC
CGC
-0.23% 438.00 -1.00

Mubasher: Combined Group Contracting Company has received a change order regarding Kuwait Oil Company’s (KOC) tender at a total value of KWD 4.19 million.

The change order represents 5.74% of the tender’s overall value of KWD 72.94 million, according to a bourse statement issued on Sunday.

Combined Group expected good financial results during the execution period of the tender; however, the company has not disclosed the impact yet.

At the stock level, Combined Group closed Sunday’s session 5.45% lower at 468 fils.