AnnouncementDetails

Actions

Mouwasat Medical Services Co. Announces an update on Signing a Non-Binding Memorandum of Understanding to Purchase the Full Shares of the Owners of the Al-Marasem International Hospital Company in Egypt

Element ListExplanation
Introduction With reference to the announcement of the company on Tadawul website on May 23, 2022, that it has signed a non-binding memorandum of understanding to purchase the entire shares of the owners of the Al-Marasem International Hospital Company in the Arab Republic of Egypt to be 100% owned by Mouwasat Medical Services Company in return for cash after reaching a final agreement and after the completion of the due diligence works.

Mouwasat Medical Services Company announces that the due diligence work is still ongoing and is being completed.

Previous Announcement Signing a Non-Binding Memorandum of Understanding to Purchase the Full Shares of the Owners of the Al-Marasem International Hospital Company in Egypt
Date of Previous Announcement on Tadawul's Website 2022-05-23 Corresponding to 1443-10-22
Percentage of fulfilled achievement Not applicable
Event's Expected Completion Date During the fourth quarter of 2022
The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable
Additional Information Any subsequent updates pertaining to the Memorandum of Understanding will be disclosed in due course

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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
182.8 -4.0 (-2.14%)
Value Traded (SAR) Volume Traded
19,813,582.2 106,681