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Scientific & Medical Equipment House Co. announces sign off contract for a project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services.
| Element List | Explanation |
|---|---|
| Introduction | Reference to the announcement of Scientific & Medical Equipment House company on the Tadawul website on 21-04-1445 AH corresponding to 05-11-2023, which includes the company’s receipt of awarding of a project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services. Scientific & Medical Equipment House company announces the Signing a contract for project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services. |
| Date of Announcement of the Award | 2023-11-05 Corresponding to 1445-04-21 |
| Contract Subject Matter | The project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services. |
| Date of Signing the Contract | 2023-11-13 Corresponding to 1445-04-29 |
| Contract Value | (25,490,003) SAR inclusive VAT. |
| Contract Details | The project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services for a total amount of SAR (25,490,003) including VAT., and its implementation period (1) one Year. |
| Contract Duration | (1) One Year. |
| Financial Impact and the Relevant Period | It’s expected that the financial impact of the project will be reflected during the First Quarter of the fiscal year 2024 AD. |
| Related Parties | No Related 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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