KGL’s subsidiary wins KWD 2m contract with KOC

MubasherKuwait and Gulf Link Transport (KGL) on Tuesday announced that its 97%-owned subsidiary, KGL Transportation Co, has won a contract with Kuwait Oil Company (KOC).

The contract’s total value amounted to KWD 2 million, according to a bourse filing.

KGL noted that the agreement entails supplying KOC with firefighting equipment, expecting a return of around KWD 100,000 from the contract.

By 11:12 am Kuwait time, KGL’s stock stood at KWD 106.

Mubasher Contribution Time: 28-Aug-2018 08:53 (GMT)
Mubasher Last Update Time: 28-Aug-2018 08:59 (GMT)