| Element List |
Explanation |
| Introduction |
Elm Company Announces the Award of a health insurance contract for the company's employees with The Company for Cooperative Insurance (Related Party). |
| Date of the Award |
2023-06-20 Corresponding to 1444-12-02 |
| Contract Value |
(71,757,995.00) SAR (including VAT) |
| Contract Details |
To provide health insurance services for Elm employees and their families for one year starting from 30 June 2023. |
| Related Parties |
Board Member: Dr. Khaled Abdulaziz AlGhoneim he has an indirect interest being board members in the Company for Cooperative Insurance. |
| Additional Information |
The financial impact and cost of this contract will be over the second half of 2023 and the first half of 2024. The Company confirms that no preferential treatment was given on this award and it was within the usual course of business activity of the company. |
Comments