AL-KHODARI SIGNS ARAR EAST CLEANING CONTRACT WORTH SAR 65 MILLION

With reference to the earlier announcement of 2/4/2013 Abdullah A. M. Al-Khodari Sons Company announces completion of the signing of the contract with the Ministry of Municipal & Rural Affairs (Northern Borders Municipality) for East Arar Waste Collection and Disposal in 1825 days from the date of site handing over, valued at SAR 65,000,000 (Sixty Five Million Riyals) as per the contract copy which was received by the company on 17/6/2013 after being signed by his Highness the Minister of Municipal & Rural Affairs. The financial impact of this project is expected to start in the second quarter of the financial year 2013.