CGC
CGC
-0.68%
440.00
-3.00
CGC
Mubasher: Combined Group Contracting Company has received a change order of KWD 20 million ($66.2 million) regarding a tender of Kuwait Oil Company (KOC).
The value of this order represents 24.4% of the tender’s total deal value, according to a bourse statement issued on Wednesday.
Combined Group expected good results during the execution of the change order.
In August 2014, Combined Group signed a contract on a tender worth KWD 82 million with KOC, with a duration period of 66 months.
Source:
Mubasher