| Element List |
Explanation |
| Introduction |
Reference is made to Maharah announcement published on Tadawul website on 10 Shaban 1443 corresponding to 13 March 2022 in which Maharah announced that its 100% subsidiary (Growth Avenue Investment Company) signed a non-binding MOU with (1) El Seif Commercial Investment Company Limited and (2) Saudi Medicare Company Limited to acquire their full equity of 41.37% in Care Shield Holding Company (Kingdom Hospital & Consulting Clinics), Maharah would like to announce that all parties agreed to extend the MOU until 3 Muharram 1444 corresponding to 01 August 2022 with the same terms and conditions. |
| Previous Announcement |
Maharah announcement of the signing a non-binding MOU between its 100% owned subsidiary Growth Avenue Investment Company (“buyer”) - and El Seif Commercial Investment Company Limited and Saudi Medicare Company Limited (“Sellers”) to acquire Sellers full equity of 41.37% in Care Shield Holding Company (Kingdom Hospital & the Consulting Clinics) |
| Date of Previous Announcement on Tadawul's Website |
2022-03-13 Corresponding to 1443-08-10 |
| Percentage of fulfilled achievement |
NA |
| Event's Expected Completion Date |
NA |
| Reasons for Exceeding the Announced End Date |
NA |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
NA |
| Impact of the Delay on the Company's Financial Results |
NA |
| Additional Information |
Further announcements will follow upon any important development with regards to the subject of the MOU. |
Comments