BRIEF: Arabian Pipes Wins Order For Supply Of Steel Pipes

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Time: October 11, 2018   

ARABIAN PIPES CO 2200.SE :

* ANNOUNCES PROJECT SIGN OFF TO SAUDI ARAMCO

* CO AWARDED MORE THAN 35 MILLION RIYALS ORDER FOR SUPPLY OF STEEL PIPES TO SAUDI ARAMCO

* CONTRACT DURATION IS 9 MONTHS

* SUPPLY OF PIPES WILL START IN Q2, 2019 FROM CO’S FACTORY IN JUBAIL INDUSTRIAL CITY

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* FINANCIAL IMPACT WILL BE FROM SECOND AND THIRD QUARTER OF YEAR 2019

Source: (https://bit.ly/2PAyfMU) Further company coverage: 2200.SE

((Reuters.Briefs@thomsonreuters.com;))

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