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Qatari German Co. for Medical Devices: Disclosure of ruling in lawsuit

QG Medical Devices QGMD 3.35% 1.45 0.05
Qatari German Co. for Medical Devices announced, according to the external law firm, announced the issuance of the ruling in Case No. 2024/6/Appeal/Investment/Banking and Finance/complete - Fifth Circuit Commercial Appeal Appealing to Ruling No. 43/2023/Initial/Investment/Banking and Finance/Complete of The Investment and Commerce Court filed by the plaintiff: Qatar Development Bank against the defendant: the Qatari German Medical Supplies Company. The appeal was accepted in form and rejected in terms of substance by affirming the appealed ruling. The appellant was obligated to pay the costs of the appeal, and the Qatari German Medical Supplies Company will carry out cassation procedures on the ruling.

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