Red Sea Housing

Last Updated: 14:59 20/07/2017
  • 1 Y
  • 1.00
  • 78.92%
  • Symbol : 4230
  • 52 Range : 18.46 - 31.30
  • Market: Saudi Stock Exchange
  • Turnover Ratio:1.18
  • ISIN:SA000A0KEWM4
  • Industry:Building and Construction
  • Sub-Industry:Industrial Housing, Affordable Housing, Building Materials
  • 19.84 SAR
  • 0.48
  • 2.48%

Red Sea Housing

Last Updated: 14:59 20/07/2017
  • 1 Y
  • 1.00
  • 78.92%
  • Symbol : 4230
  • 52 Range : 18.46 - 31.30
  • Market: Saudi Stock Exchange
  • Turnover Ratio:1.18
  • ISIN:SA000A0KEWM4
  • Industry:Building and Construction
  • Sub-Industry:Industrial Housing, Affordable Housing, Building Materials
  • 19.84 SAR
  • 0.48
  • 2.48%

Announcements

Red Sea Housing Services Company announces the signing of an award letter/ notice to proceed with fluor consultants to Construct Workers Community in Kuwait

Red Sea Housing Services Company announces the signing of an Award Letter/ Notice to Proceed with Fluor Consultants (Kuwait Branch) to construct workers community in Kuwait as follows:

 

1- According to the Letter of Award, the project shall start by 29-07-2016.

 

2- The total value of the project is KWD 4,635,925.

 

3- The project will be financed from existing bank facilities and internal cash flow of the Company.

 

4- According to the Letter of Award, the project shall be completed by 06-03-2017.

 

5- The financial impact for the project will reflect on the financial results starting from Q3 2016.

 

6- There are no Related Parties in this contract.

 

The project involves complete construction of the infrastructure to support the utility requirements for the Community such as water tanks, electricity generators and septic tanks. The facilities constructed within the Community also include indoor and outdoor recreation centers, security stations, and other supporting facilities.