AL-KHODARI SIGNS TWO CONTRACTS WITH MINISTRY OF HIGHER EDUCATION

With reference to the earlier announcements of 17/07/2013, Abdullah A. M. Al-Khodari Sons Company announces signing of two contracts with the Ministry of Higher Education on 21/07/2013 for construction of College of Human Studies at Prince Salman Bin Abdulaziz University at College Complex in Sulayel within a period of 36 Months valued at SAR 129,601,065 (One Hundred Twenty Nine Million Six Hundred One Thousand Sixty Five Riyals) and for construction of College of Engineering at Jazan University (phase 2) within a period of 30 Months valued at SAR 118,880,083 (One Hundred Eighteen Million Eight Hundred Eighty Thousand Eighty Three Riyals). The financial impact of these projects is expected to start in the third quarter of the financial year 2013