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Scientific & Medical Equipment House (SMEH) Co. Announces Award of Project by the Ministry of Human Resources and Social Development in the Amount of SAR (260,983,054.83)
| Element List | Explanation |
|---|---|
| Introduction | Scientific & Medical Equipment House (SMEH) Co. announces that it has received, on 01 January 2026, the approval of the Ministry of Human Resources and Social Development for the award of a project tender for the supply of uncooked catering services to residential branches across all regions of the Kingdom, and the provision of cooked catering services to certain Anti-Begging Offices for Groups (First, Second, Third, Fourth, Fifth, and Sixth). |
| Date of Award | 2026-01-01 Corresponding to 1447-07-12 |
| Counterparty | Ministry of Human Resources and Social Development |
| Project Value | The total value of the contract amounts to SAR 260,983,054.83 (only two hundred sixty million nine hundred eighty-three thousand fifty-four Saudi riyals and eighty-three halalas), inclusive of Value Added Tax (VAT). |
| Project Details | The scope of the project includes the supply of uncooked catering items and materials to beneficiaries in the residential branches of the Ministry of Human Resources and Social Development across all regions of the Kingdom, in addition to the provision of cooked catering services to certain Anti-Begging Offices, for a period of twenty-four (24) months. |
| Related Parties | No related parties |
| Additional Information | It is expected that the financial impact of the project will commence during the Fourth quarter of 2026. The company will announce any future developments in this regard in due course, after the final version of the contract has been signed by all relevant parties and a copy has been received. |
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 29.66
Net Change -0.06 (-0.2%)
Value Traded (Sar) 700,294.06
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