|28 August, 2018

Kuwait and Gulf Link Transport’s subsidiary wins $6.6mln contract with KOC

KGL noted that the agreement entails supplying KOC with firefighting equipment

Mubasher: Kuwait 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.

Source: Mubasher

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