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Scientific & Medical Equipment House company, announces sign off contract for a project for Maintenance, cleaning and non-medical operation of Al-Madinah Al-Munawwarah Hospital in King Salman Medical City in the Medina region with the Ministry of Health.
| Element List | Explanation |
|---|---|
| Introduction | Reference to the announcement of Scientific & Medical Equipment House company on the Tadawul website on 15-06-1444 AH corresponding to 08-01-2023, which includes the company’s receipt of awarding of a project for Maintenance, cleaning and non-medical operation of Al-Madinah Al-Munawwarah Hospital in King Salman Medical City in the Medina region with the Ministry of Health. Scientific & Medical Equipment House company announces the Signing a contract for a project for Maintenance, cleaning and non-medical operation of Al-Madinah Al-Munawwarah Hospital in King Salman Medical City in the Medina region with the Ministry of Health |
| Date of Announcement of the Award | 2023-01-08 Corresponding to 1444-06-15 |
| Contract Subject Matter | Maintenance, cleaning and non-medical operation of Al-Madinah Al-Munawwarah Hospital in King Salman Medical City in the Medina region with the Ministry of Health. |
| Date of Signing the Contract | 2023-03-28 Corresponding to 1444-09-06 |
| Contract Value | An amount of (194,815,695.35) Only One hundred and ninety-four million eight hundred and fifteen thousand six hundred and ninety-five Saudi riyals and thirty-five halalas (inclusive VAT). |
| Contract Details | Maintenance, cleaning and non-medical operation of Al-Madinah Al-Munawwarah Hospital in King Salman Medical City in the Medina region with the Ministry of Health, a total amount of (194,815,695.35) Only One hundred and ninety-four million eight hundred and fifteen thousand six hundred and ninety-five Saudi riyals and thirty-five halalas inclusive VAT and its implementation period (5) Years. |
| Contract Duration | Five Gregorian Years. |
| Financial Impact and the Relevant Period | The financial impact of the project will be reflected during the second quarter of year 2023. |
| 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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