Friday, Jan 31, 2014
LONDON-- Building services group Cape PLC (CIU.LN) Friday announced two awards worth 20 million pounds for its subsidiary RB Hilton Saudi Arabia Co.
MAIN FACTS:
-The first with Hyundai Engineering & Construction Co. Ltd. is to supply and install scaffolding, painting and insulation works on the MBAC Alumina Refinery Project; runs for six months to May 2014.
-Second is with GS Construction Arabia Ltd at the Rabigh II Project, Interconnecting PKG, Saudi Arabia; will run until February 2015 and includes scaffolding, painting, insulation and fireproofing works.
-Shares closed Thursday at 266 pence valuing the company at GBP322.1 million.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
31-01-14 0757GMT
