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Scientific & Medical Equipment House Co. Announces the Award of a Project with the Ministry of Justice Valued at SAR (95,000,059.05)
| Element List | Explanation |
|---|---|
| Introduction | Scientific & Medical Equipment House Co. announces that it received, on 06-07-2026, the letter of award from the Ministry of Justice for the project to complete the construction of the General Court building in Buqayq and the Notary Public buildings in Hafr Al Batin and Al Khobar, under the contract for the construction of court and notary public buildings in the Eastern Province. |
| Date of Award | 2026-07-06 Corresponding to 1448-01-21 |
| Counterparty | Ministry of Justice |
| Project Value | The total contract value is SAR (95,000,059.05) Ninety-Five Million Fifty-Nine Saudi Riyals and Five Halalas, inclusive of Value Added Tax (VAT). |
| Project Details | The scope of the project includes the completion of the construction of the General Court building in Buqayq and the Notary Public buildings in Hafr Al Batin and Al Khobar, under the contract for the construction of court and notary public buildings in the Eastern Province with the Ministry of Justice, at a total contract value of SAR (95,000,059.05) Ninety-Five Million Fifty-Nine Saudi Riyals and Five Halalas, inclusive of Value Added Tax (VAT), with a project duration of (24) months. |
| Related Parties | No related parties |
| Additional Information | The financial impact of this contract is expected to be reflected in the Company's financial results starting from the fourth quarter of 2026. The Company will announce any material developments in due course upon signing and receiving the final executed copy of the contract. |
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 27.6
Net Change 0.08 (+0.29%)
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