AL-KHODARI SIGNS MINISTRY OF WATER’S CONTRACT WORTH SAR 28 MILLION

With reference to the earlier announcement of 21/11/2012, Abdullah A. M. Al-Khodari Sons Company announces completion of the signing of the contract with the Ministry of Water and Electricity (General Directorate of Water in Aseer Region) for Operation and Maintenance of Pump Stations and Sewage Treatment Plants in Abha in 36 months from the date of site handing over, valued at SAR 28,098,262 (Twenty Eight Million Ninety Eight Thousand Two Hundred Sixty Two Saudi Riyals) as per the contract copy which was received by the company on 31/03/2013 after being signed by his Excellency the Minister of Water and Electricity. The financial impact of this project is expected to start in the second quarter of the financial year 2013.