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Scientific & Medical Equipment House Co. the signing of a contract for the medical maintenance project for Prince Muhammad bin Abdul-Aziz Hospital in Riyadh with the Ministry of Health

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EQUIPMENT HOUSE
-0.77 %
1445/11/21     29/05/2024 16:05:42

Element ListExplanation
Introduction Reference to the announcement of Scientific & Medical Equipment House company on the Tadawul website on 26-07-1445 AH, corresponding to 07-02-2024 AD, which included the company receiving a letter of approval to award the competition for the medical maintenance project for Prince Muhammad bin Abdul-Aziz Hospital in Riyadh with the Ministry of Health.

Scientific & Medical Equipment House Co. announces the signing a contract today Wednesday, 21-11-1445 AH, corresponding to 29-05-2024 AD for the medical maintenance project for Prince Muhammad bin Abdul-Aziz Hospital in Riyadh with the Ministry of Health.

Date of Announcement of the Award 2024-02-07 Corresponding to 1445-07-26
Contract Subject Matter The Medical maintenance of Prince Mohammed bin Abdul-Aziz Hospital in Riyadh.
The Entity with Which the Contract was Signed Ministry of Health
Date of Signing the Contract 2024-05-29 Corresponding to 1445-11-21
Contract Value An amount of (51,074,079.36) only fifty-one million and seventy-four thousand and seventy-nine Saudi riyals and thirty-six halalas (including VAT)
Contract Details The medical maintenance project for Prince Muhammad bin Abdulaziz Hospital in Riyadh with the Ministry of Health, for an amount of (51,074,079.36) only fifty-one million and seventy-four thousand and seventy-nine Saudi riyals and thirty-six halalas, including VAT, and its implementation period is (5) five years.
Contract Duration (5) Five years.
Financial Impact and the Relevant Period It is expected that the financial impact of the project will commence during the third quarter of 2024, as was previously announced in the company’s announcement of obtaining award approval on the project.
Related Parties No related parties
Additional Information The contract has been signed solely by t Scientific & Medical Equipment House Company, we are awaiting the signing of the contract by the project owner and the receipt of the final copy of the contract after all necessary signatures have been obtained.

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 31.1
Net Change -0.24 (-0.77%)
Value Traded (Sar) 1,266,258.66
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