RA International Group Plc bags a major contract worth US$ 60 million; stocks surge over 22%

  • Aug 13, 2020 BST
  • Team Kalkine
RA International Group Plc bags a major contract worth US$ 60 million; stocks surge over 22%


RA International Group Plc (LON: RAI) has bagged a major new contract with a new global client, supporting a substantial increase in the order book of the company to US$ 188 million.

  • The contract which is estimated to run for a period of two years is for an approximate contract value of US$ 60 million over this period.
  • Under the terms of the contract, the company will provide IFM (integrated facilities management) services in Southern Africa.
  • On 13 August 2020, at the time of writing, GMT 10:47 AM, RAI shares were trading at GBX 56.50, up by 10.30 points or 22.29% against the previous day closing price.


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