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Combined Group offers lowest bids in KWD 4m tender

Combined Group offers lowest bids in KWD 4m tender
Combined Group closed Monday’s session 1.69% higher at 360 fils
CGC
CGC
-0.23% 439.00 -1.00

Mubasher: Combined Group Contracting has offered the lowest bids in a tender by Kuwait Oil Company (KOC).

The KWD 4.35 million tender will cover the maintenance works of oil pipelines for a duration of four years, according to a bourse statement on Monday.

Combined Group clarified that it has not yet received an official letter of award.

At the stock level, Combined Group closed Monday’s session 1.69% higher at 360 fils.