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Scientific & Medical Equipment House Co. announces the signing of Facility of agreement compliant with Islamic Shariah with Alinma Bank

4014
EQUIPMENT HOUSE
-2.81 %
1444/07/03     25/01/2023 15:48:33

Element ListExplanation
Introduction Scientific & Medical Equipment House Co. announces the signing of Facility of agreement compliant with Islamic Shariah amounting to 265 million Saudi riyals with Alinma Bank
Date of obtaining the funding 2023-01-22 Corresponding to 1444-06-29
Financing entity Alinma Bank
Financing amount. 265 million Saudi riyals
Financing duration. Available till 30/09/2023
Guarantees offered for the financing Assignment of contracts procedures of projects, in-addition to promissory notes.
Financing objective General company’s work purposes (new awarded projects) including financing working capital and to avoid any liquidity lack situations.
Related Parties None

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 48.4
Net Change -1.4 (-2.81%)
Value Traded (Sar) 11,465,637.5
Volume Traded 235,358
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