Mubasher: Metal and Recycling Company announced that it won the tender contract of operation, maintenance, and management of waste incinerator of Kabad 1 works.

The tender contract is valued at KWD 815,800, and was concluded between Metal and Recycling and the Ministry of Health on 24 September 2019, the company said in a filing to Boursa Kuwait on Wednesday.

Furthermore, the tender contract will have a maturity period of three years, in addition to a preparation period of six months starting from the signing date.

The company highlighted that the financial impact cannot be determined at the moment.