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Elm Company announces the award of a health insurance contract for its employees with the Company for Cooperative Insurance (Tawuniya). (Related Party)
7203
ELM
-2.45
%
1445/12/21 27/06/2024 15:34:32
| Element List | Explanation |
|---|---|
| Introduction | Elm Company announces the award of a health insurance contract for its employees with the Company for Cooperative Insurance (Tawuniya). (Related Party) |
| Date of the Award | 2024-06-27 Corresponding to 1445-12-21 |
| Counterparty | The Company for Cooperative Insurance (Tawuniya) |
| Contract Value | (75,904,238.90) SAR (including VAT) |
| Contract Details | To provide health insurance services for Elm employees and their families for one year starting from 30 June 2024. |
| Related Parties | Board member: Dr. Khaled Abdulaziz Alghoneim has an indirect interest being board member in Tawuniya. |
| Additional Information | The financial impact and cost of this contract will be over the second half of 2024 and the first half of 2025. The Company confirms that no preferential treatment was given on this award and it was within the usual course of business activity of the company. |
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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Last Price 1041.8
Net Change -26.2 (-2.45%)
Value Traded (Sar) 81,246,027.2
Volume Traded 77,389
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