Reference to Maharah Human Resources Company (“Maharah”) announcement on 30-08-2023, Maharah would like to announce that the Saudi Health Systems Company (an associate company 40% owned by Growth Avenue Investment Company - a 100% subsidiary of Maharah) signed the contracts with a Saudi government entity to supply cooked meals.
Date of Announcement of the Award
2023-08-30 Corresponding to 1445-02-14
Contract Subject Matter
Supplying cooked meals
Date of Signing the Contract
2023-09-12 Corresponding to 1445-02-27
Contract Value
3.045 billion SAR
Contract Details
Supplying cooked meals.
Contract Duration
3 years.
Financial Impact and the Relevant Period
The financial impact is expected to be reflected on the company's financial statements starting from the third quarter of the current year 2023 and shall continue during the validity period of the contract.
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