Al-Modawat Specialized Medical Co. (9594)

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News

16 June 04:24 PM Al Modawat appoints Suhail Partners as legal advisor for TASI transfer

Riyadh - Mubasher: Al Modawat Specialized Medical Company has appointed Suhail Partners Law Firm and Legal Consultants to serve as its legal advisor in line with its broader initiative to transfer its listing to the Main Market (TASI). The …

Trading Activities

16 June 08:01 AM Al Modawat to expand ICU capacity by 104%

Riyadh - Mubasher: Al Modawat Specialized Medical Company has secured the approval from the relevant authorities to increase the number of intensive care unit (ICU) beds by 104% through the reclassification of existing beds. The expansion will not …

Companies Investments

8 June 01:03 PM Al Modawat taps Deloitte to support TASI transfer

Riyadh - Mubasher: Al Modawat Specialized Medical Company signed an engagement letter with Deloitte & Touche to conduct financial due diligence as part of its efforts to transfer shares from the Parallel Market (Nomu) to the Main Market (TASI). …

Corporate Actions

2 June 02:33 PM Al Modawat’s team wins Best CEO Award for 2025

Riyadh – Mubasher: The executive management team of Al Modawat Specialized Medical Company has won the Best CEO Award for 2025 at the Argaam CEO Recognition Awards 2025, according to a bourse filing. This award recognizes the top executives in …

Event

24 May 05:15 PM Al Modawat delivers SAR 3m net profit in Q1-26 amid 22% revenue growth

Riyadh – Mubasher: Al Modawat Specialized Medical Company reported total revenues of SAR 34.90 million during the first quarter (Q1) of 2026, representing a 21.71% increase compared to the SAR 28.67 million recorded in the same quarter of the …

Company News

28 April 04:29 PM Al Modawat launches SAR 20m Sukuk offering

Riyadh - Mubasher: Al Modawat Specialized Medical Company has offered SAR-denominated Sukuk on 28 April 2026 under its SAR 30 million program.  The first tranche of the offering is valued at SAR 20 million, according to a bourse filing. Meanwhile, …

Sukuk and Islamic Finance

12 October 2025 11:58 AM Al Modawat unveils new brand, logo

Riyadh - Mubasher: The board of Al Modawat Specialized Medical Company approved changing the company’s brand and adopting a new logo on 11 October. The rebranding highlights its success in premium medical hospitality and supports its vision to …

Companies Investments

17 June 2025 06:53 PM CMA approves capital hike of Paper Home, Al Modawat via bonus shares

Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the capital increase requests of Paper Home Company and Al Modawat Specialized Medical Company. The approvals will be executed through the issuance of two bonus shares for each …

Corporate Actions

28 April 2025 00:05 PM Al Modawat’s board eyes 200% capital hike

Riyadh – Mubasher: The board members of Al Modawat Specialized Medical Company recommended increasing the capital to SAR 71.25 million from SAR 23.75 million. The company will grant two bonus shares for each owned share, according to a bourse …

Companies Investments

3 July 2024 03:10 PM Al Modawat inks SAR 85m deal with Saudi gov’t

Riyadh – Mubasher: Al Modawat Specialized Medical Company has signed a real estate investment contract to establish and operate a medical complex for 23 years. The company inked the SAR 85 million with the Ministry of Municipal and Rural Affairs …

Companies Investments

9 May 2024 01:55 PM Al Modawat’s board recommends stock split

Riyadh – Mubasher: The board members of Al Modawat Specialized Medical Company proposed, in their 8 May 2024 meeting, to split the par value from SAR 10 per share to SAR 1 a share. Following the stock split transaction, the number of shares will …

Board of Directors

1 April 2024 01:16 PM Almodawat eyes 70% of capital as cash dividends for 2023

Riyadh – Mubasher: Almodawat Specialized Medical Company announced the board’s recommendation to pay cash dividends amounting to SAR 16.62 million for 2023. The Saudi firm will distribute a cash dividend of SAR 7 for 2.37 million eligible …

Board of Directors