Al-Khodari plans to auction equipment in October

16/09/2015 Argaam

Abdullah A. M. Al-Khodari Sons Co. (Al-Khodari) has signed an agreement with Abdullah Fouad Holding Co. on Wednesday to auction of its equipment as part of its plan to upgrade its plant, the contracting company said in a statement to Tadawul.

 

The auction is scheduled to take place October 27-29 at Al-Khodari Yard in Dammam and the outcome will be announced following the event.

 

Al-Khodari added that the move is expected to have a positive impact on Q4-15 results.

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