CGC
CGC
-1.78%
441.00
-8.00
CGC
Mubasher: Combined Group Contracting announced that its subsidiary in the UAE, Combined Group Contracting Emirates, has offered the lowest bids in a tender by Abu Dhabi General Services (Musanada).
The tender is valued at AED 129.134 million or KWD 1 million ($32.25 million), with a duration of 549 days, according to a bourse disclosure on Sunday.
Combined Group noted that it has not yet received an official letter of award regarding this tender.
At the stock level, Combined Group closed Sunday’s session 5% lower at 360 fils.
Source:
Mubasher