Mubasher: Integrated Logistics Co, a fully owned subsidiary of Integrated Holding Company, won a three-year contract offered by Kuwait Oil Company (KOC) to rent heavy equipment and cranes.
The deal is valued at KWD 4.690 million, according to a bourse statement on Sunday.
The contract, moreover, will be signed within ten days from the announcement date while the operational execution will commence in June 2020.
The financial impact is expected to reflect on the company's income statements starting from the second quarter (Q2) of fiscal year 2020 as the project commences.
