Rawasi Albina inks SAR 10.2 mln contract with Shabakkat Cellular

25/05/2023 Argaam

Rawasi Albina inks SAR 10.2 mln contract with Shabakkat Cellular

Logo of Rawasi Albina Investment Co.

Rawasi Albina Investment Co. signed a contract with Shabakkat Cellular Co., at a total value of SAR 10.22 million (including value-added tax), according to a statement to Tadawul today, May 25.

 

Under the 16-month contract, the company will implement the project of replacing the existing electrical conventional ring main unit (RMU) with smart RMU equipment.

 

The related financial impact may appear during the second half of 2023, lasting one year, Rawasi Albina said. It noted that there are no related parties.

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