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Scientific & Medical Equipment House Co. announces the awarding of a project with the Ministry of Education at a value of (45,999,986) SR

4014
EQUIPMENT HOUSE
-0.76 %
1444/09/22     13/04/2023 16:15:35

Element ListExplanation
Introduction Scientific & Medical Equipment House Co. announces that it received on 13-04-2023 the approval of awarding of a project for Operation and maintenance of medical equipment and clinics in the University City at Imam Muhammad bin Saud Islamic University in Riyadh with the Ministry of Education.
Date of Award 2023-04-13 Corresponding to 1444-09-22
Project Value An amount of (45,999,986.00) Only forty-five million, nine hundred and ninety-nine thousand, nine hundred and eighty-six Saudi riyals (inclusive VAT).
Project Details Operation and maintenance of medical equipment and clinics in the University City at Imam Muhammad bin Saud Islamic University in Riyadh with the Ministry of Education, a total amount of (45,999,986.00) Only forty-five million, nine hundred and ninety-nine thousand, nine hundred and eighty-six Saudi riyals inclusive VAT and its implementation period (3) Years.
Related Parties No related parties
Additional Information It is expected that the financial impact of the project will be reflected during the second quarter of the fiscal year 2023.

The company will announce any future developments in this regard in due course, especially after receiving the final copy of the contract and after signing it from all concerned parties.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 52.2
Net Change -0.4 (-0.76%)
Value Traded (Sar) 7,463,088.4
Volume Traded 142,327
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