Mouwasat Medical Services Co. announces the signing of the final agreement to shareholding and purchase (51%) Fifty One percent of Jeddah Doctors Company.
|Introduction||Referring to the company's announcement on Tadawul on April 27, 2022 G about signing a Memorandum of Understanding with Jeddah Doctors Company, |
Mouwasat Medical Services company would like to announce the signing of the final agreement to shareholding and purchase (51%) Fifty One percent, including management and operation in Jeddah Doctors Company, which owns under construction hospital in the name of Jeddah Doctors Hospital, with a value of only 102 million Saudi riyals
|Previous Announcement||Mouwasat Medical Services Co. announces signing a Memorandum of Understanding with Jeddah Doctors Company|
|Date of Previous Announcement on Tadawul's Website||2022-04-27 Corresponding to 1443-09-26|
|Percentage of fulfilled achievement||100% of due diligence and the signing of the shareholding and purchase agreement|
|Event's Expected Completion Date||during the third quarter of 2022.|
|The costs associated with the event, and if they have changed or not with indication of the reasons.||There's been no change.|
|Additional Information||Jeddah Doctors Company will carry out the statutory requirements for approval of raising its capital and entering a new partner, any substantial will be announced in due course|
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