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INVESTMENT HOLDING GROUP SIGNS CONTRACTS WORTH OVER 265 MILLION RIYALS

Estithmar Holding IGRD 1.43% 1.99 0.03

As a part of its strategy to achieve the best returns forits shareholders, Investment Holding Group (IHG) announced the conclusion ofvarious project and maintenance contracts, through its subsidiaries, during thefirst quarter of the financial year 2019 with a value exceeding QR265 million.

Commenting on the contracts, H.E. Mr. Ghanim Sultan AlHudaifi, Board of Directors’ Chairman, said: "These contracts are in linewith the Group's efforts to achieve the best results for the shareholders. Welook forward for more deals and partnerships during the year as we work onpreserving the Group's success and stability. At IHG, we believe in the variousbusiness opportunities the country offers."

Mr. Samer Wahbeh, Group Chief Executive Officer, emphasizedon the Group's commitment to provide the best services to its customers. Headded that these contracts are the beginning of a series of contracts that weseek to obtain in the future. Furthermore, IHG continues to explore newopportunities.

IHG, through its subsidiaries, offers its clients excellentservices and products. The Group is recognized as one of the leading companiesoperating in various sectors such as construction and contracting, specializedcontracting (mechanical, electrical and plumbing), supply of buildingmaterials, safety equipment, wooden products, firefighting systems, and otherrelated materials, trade in chemicals, in addition to food and consumablesupplies

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