AL-KHODARI SIGNS AGREEMENT WITH ABDULLAH FOUAD HOLDING ON PLANT AND MACHINERY AUCTION

01/09/2013 Tadawul

Abdullah A. M. Al-Khodari Sons Company announces that within its annual plan to upgrade its plant and equipment, it has signed on 31/08/2013 an agreement with Abdullah Fouad Holding Company (Auction Division) to conduct an auction of its surplus equipment to be held during 24-26 December 2013 at Al Khodari yard in Dammam. It is expected that the auction will have a positive impact on Q4/2013 financials. The company will announce the results of the auction upon its completion.

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