BAWAN CO 1302.SE :
* UNIT HAS SIGNED AN AGREEMENT TO SUPPLY UNIT SUBSTATIONS WITH SAUDI ELECTRICITY COMPANY
* DEAL VALUE 269.8 MILLION RIYALS
* UNTIL 30 JUNE 2019 AND MAY BE RENEWED/EXTENDED FOR OTHER PERIODS BEFORE 30 DAYS FROM DATE OF ITS EXPIRATION
* PURCHASE AGREEMENT IS OPTIONAL FOR SAUDI ELECTRICITY CO AND IS BINDING ON UNITED TECHNOLOGY OF ELECTRIC SUBSTATION AND SWITCHGEARS COMPANY
* FINANCIAL IMPACT WILL APPEAR IN FIRST HALF OF 2019
Source: (https://bit.ly/2OeELwl) Further company coverage: 1302.SE
((Reuters.Briefs@thomsonreuters.com;))
