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Specialities Group unit wins KWD 5.4m tender

Specialities Group unit wins KWD 5.4m tender
The tender covers developing phase II of Doha Port
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SPEC`R
-0.59% 168.00 -1.00

Kuwait – Mubasher: Specialized Construction General Trading and Contracting Co, a 99%-owned subsidiary of Specialities Group Holding, received a letter of award for a tender worth KWD 5.4 million.

The tender covers developing phase II of Doha Port, according to a bourse statement issued on Sunday.

The company expected a profit margin ranging between 6% and 8% of the contract’s value.

At the stock level, Specialities Group closed Sunday’s session 2.22% lower at 88 fils.