AL-KHODARI SIGNS JAZAN SEWAGE TREATMENT PLANT CONTRACT VALUED AT SAR 24.8 MILLION

With reference to the earlier announcement of 26/03/2013 Abdullah A. M. Al-Khodari Sons Company announces completion of the signing of the contract with the Ministry of Water & Electricity for Operation and Maintenance of Sewage Treatment Plant at Jazan Migrants Housing in 36 calendar months from the date of site handing over, valued at SAR 24,770,966 (Twenty Four Million Seven Hundred Seventy Thousand Nine Hundred Sixty Six Saudi Riyals) as per the contract copy which was received by the company on 17/08/2013 after being signed by His Excellency the Minister of Water and Electricity.

The financial impact of this project is expected to start in the third quarter of the financial year 2013.