Electrical Industries subsidiary inks technical support deal

12/03/2019 Argaam

Electrical Industries Co.’s subsidiary Wahah Electric Supply Company of Saudi Arabia (WESCOSA) on Tuesday signed an agreement with South Korean Hyundai Electric & Energy Systems Co. Ltd. to provide technical support services of medium voltage switch gear.

 

The deal will be valid for five years, the company said in a bourse filing, adding that the related financial impact is likely to show in 2020.

 

No further details were mentioned about the deal value.

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