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The Company for Cooperative Insurance (Tawuniya) Announces Contract Award with Elm Company

8010
TAWUNIYA
-1.81 %
1445/12/21     27/06/2024 15:47:53

Element ListExplanation
Introduction The Company for Cooperative Insurance (Tawuniya) announces that it has received on 27 Jun 2024, a firm order from Elm Company to provide a health insurance services for its employees.
Date of the Award 2024-06-27 Corresponding to 1445-12-21
Counterparty Elm Company
Contract Value 75,904,238.90 SR (Including VAT)
Expected Date for Signing the Contract 2024-06-30 Corresponding to 1445-12-24
Contract Details Provide Health Insurance Services for Elm company employees according to relevant terms and conditions, for one year starting from 30-06-2024.
Related Parties Dr. Khalid Abdulaziz AlGhonaim, Member of the Board of Directors, has indirect interest being a Board Member of Elm Company, the company ensures that the policy been handled with no special or preferential terms.
Additional Information It’s expected the contract will have positive impact on the company revenue of the year 2024.

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 140.8
Net Change -2.6 (-1.81%)
Value Traded (Sar) 31,343,307.8
Volume Traded 223,385
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