General Announcement::Update on Contracts - Lowest Bidder

Issuer & Securities

Issuer/ Manager
MERCATOR LIMITED
Securities
MERCATOR US$16M4.75%CB190527 - XS1072432161 - 3R0B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Jul-2018 17:41:26
Status
New
Announcement Sub Title
Update on Contracts - Lowest Bidder
Announcement Reference
SG180726OTHRIWVP
Submitted By (Co./ Ind. Name)
Rajendra Kothari
Designation
CFO
Effective Date and Time of the event
26/07/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mercator Limited, one of India s largest private sector dredging company, is happy to announce that the Company has emerged as the lowest bidder in its bids for the following contracts having an estimated combined contract value of Rs. 16 Crores:
Mormugao Port Trust for maintenance dredging at Mormugao Port areas where the Company retains the contract for the straight 5th year in line.
Gujarat Maritime Board for maintenance dredging at Porbandar Port areas
Both of the above-mentioned contracts would be executed in FY 2019.

Attachments

Update SGX.pdf
Total size =46K