Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has extended its non-binding memorandum of understanding (MoU) with Sobhi Abdul Jaleel Batterjee Medical Hospital, according to a bourse filing on Tuesday.

The extended agreement will be effective for 90 working days starting 30 June 2021.

Saudi German Hospital aims to allow the completion of due diligence checks and other required work for the implementation of the deal agreements.

The listed firm announced on 28 January this year the signing of MoU with the Jeddah-located Sobhi Batterjee hospital to enter as a partner the medical facility.