The Contract’s No. W K M \ 37
tender of the Ministry of
Power and water
has been awarded
as the first place of the lowest-price, for the
Creation , completion and
maintenance of the 5 major fresh water lines , Diameter 1600 mm from
the complex water of Abdullah seaport ,
the duration of the implementation is two years (24
months) and the value is
37,790,000 KD
The Board of Directors met on Thursday
13/05/2010 and
decide
the annual financial statements for the priod ended march
31, 2010 as the company achieved a net profit of KD 2.400.364
with a profit of 30.42 fils per share in 2010 , compared with
2.739.671 million Kuwaiti dinars with a profit of 34.26 fils per share for
the in 2009.
The
contract number F/C/27/10 tender of Al-Ain live stock production
farms , for
civil works to create iron Hangers
with the work of paving concrete and the work of connecting water
and electricity and the work of internal roads in the extension of
Al-Foha Cows Dairy Farm in Al-Ain city in Abu Dhabi State
, at our branch in Abu Dhabi
, The amount of 52,500,000 AED, which is equivalent to 4,147,500 KD
and the duration of the implementation of
(6) months and the duration of the maintenance period (12) months.
The contract number
RI\P3\CD\L\0006\10 tender
of
infrastructure sectors 2,3 AlReem Island in Abu Dhabi on our branch
office in Abu Dhabi in partnership with Abu Dhabi Land Contracting
(LLC. M. M) has been awarded, the total amount of $ 521,650,210,39
AED (only five hundred and twenty-one million and six hundred and
fifty thousand and two hundred and ten dirham’s, and thirty-nine
fils) which equivalent to 41,2 million Kuwaiti dinars, the duration
of the implementation of (18) months. Note that our branch office in
Abu Dhabi will be the lead partner for the implementation of this
project.
Board of Directors met on Tuesday
23/03/2010 and
decide
the annual financial statements for the fiscal year ended December
31, 2009 as the company achieved a net profit of KD 8.2 million with
a profit of 103.67 fils per share in 2009 , compared with 8.5
million Kuwaiti dinars with a profit of 106.97 fils per share for
the in 2008.
The Board of
Directors recommended a cash dividend of 65% of the nominal value of
shares (65 fils per share in cash) and 10% bonus shares the paid up
capital (10 shares per 100 shares).
The Contract’s No. Q S / T / 230 tender of
the Ministry of Public Works
has been awarded as the first place
of the lowest-price, for the Urgent and emergency maintenance
for the roads of Al-Farwania,
the duration of the implementation is 24 months and the
value is 1,231,500 KD
The Contract’s No. H T /188 tender of the
Ministry of Public Works
has been awarded as the first place of the lowest-price, for the establishment and
creation,
and
maintenance of the intersections on main roads (Road Fahaheel
highway to southern Alsobaheya and Mangaf, the
duration of the implementation is 720 days and the value is
27,650,000 KD
The Contract No.
M. A. R. S / m / tender of the General Organization for Housing
Welfare has been
signed , for the
creation, delivery and maintenance of roads, parking , and service
of major infrastructure and determine plots, the number of (2131)
plots of the suburb (D) and (1950) plots to the suburb (E) at
project Sabah Al-Ahmad city, the duration of the implementation is
750 days and the value of 32,985,000. KD
The Contract No BA \ BTA \ T \ K \
584 tender of Department of Municipal Affairs has been awarded , for
the Duplication of the
road from Alshoaiba roundabout to the Alqses area in Al Ain city at
the company brunch in Abo Dhabi , the duration of the implementation
is 270 Days and the value of 73,807,813 UAE Derham
equivalent to 5,800,000 KD
The Contract’s No. 144 \ 2008 – 2009 tender of Public Authority for
Applied Education and Training has been awarded as the first place
of the lowest-price, for the establishment and creation, run
and maintenance of the
Laboratories workshops at the Faculty of Technological Studies, the duration of the implementation is 36 months and the value
is 29,490,000 K.D