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Announcement of Land Acquisition

Announcement of Land Acquisition
MGC
MGMC
12.04% 0.12 0.01

Muscat Gases Company SAOG is pleased to announce that it has acquired on 20th April 2015 a plot of Land in Ghala heightsindustrial in Bowsher area measuring 2005 sq meters.

The cost  incured till date towards  acquisition of the land are RO 27,323.045 and the financial impact of the land will be reflected in quarter 2  of 2015 after revaluation of the land.

 

CEO