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Styles & Wood Group Secures Dubai Contracts With JV Partner Dutco

9th Jul 2014 09:47

LONDON (Alliance News) - Integrated property services company Styles & Wood Group PLC Wednesday said it has secured a number of contracts for high-end commercial, leisure and hospitals projects in Dubai with its joint venture partner The Duto Group.

The company did not outline the financial terms of the individual deals, but said the total combined value of projects to Dutco Styles & Wood secured so far in 2014 is GBP14 million, including one contract for GBP7.5 million.

Recent project wins include the refurbishment of the four star Al Manzil hotel for Emaar Hospitality Group.

Styles & Wood Group shares were quoted up 10.4% at 100.45 pence Wednesday morning.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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