Abdullah A. M. Al-Khodari Sons Company announced that it had secured a new award worth SAR49.1mn, from Maaden Aluminum Company to construct a smelter pot relining facility. Execution of the project is expected to start in 4Q. This is the second meaningful new award announcement for Al-Khodari YTD. It brings the total new awards YTD to SAR188.1mn, c4% higher than our 2016e estimate of SAR180mn. These levels remain shy of historical levels (2015: SAR1.5bn, mostly secured in 1Q15; 2013-14 average: SAR2.8bn). (Tadawul, Mai Attia, Sara Boutros)   Abdullah A. M. Al-Khodari Sons Company: SAR7.48 as of 04 October 2016, Rating: Sell, FV: SAR8.60 per share, MCap: USD111mn, ALKHODAR AB / 1330.SE