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Ayyan Investment Company Announces the Latest Developments regarding the Signing of a Non-binding Memorandum of Understanding with Dallah Healthcare Company

AYYAN 2140 0.98% 14.36 0.14
Element List Explanation
Introduction With reference to the company’s announcement dated 16-08-1445 H corresponding to 26-02-2024 G regarding the signing of a non-binding memorandum of understanding “(the Memorandum)” with Dallah Healthcare Company to sell the company’s shares in Al-Ahsa Medical Services Company, which owns Al-Ahsa Hospital in Al-Ahsa (amounting to 97.41%), and Al-Salam Medical Services Company, which owns Al-Salam Hospital in Al-Khobar(amounting 100% ), by exchanging shares or as agreed upon between the parties.

Ayyan Investment Company would like to announce the appointment of AlInma Investment Company as a financial advisor to the company.

Previous Announcement Ayyan Investment Company announces the Signing of a Non-binding Memorandum of Understanding with Dallah Healthcare Company
Date of Previous Announcement on Saudi Exchange’s Website 2024-02-26 Corresponding to 1445-08-16
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Ayyan Investment Company announces the appointment of Alinma Investment Company as a financial advisor to the company in respect of the proposed transaction
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A
Additional Information The company will announce any future developments in this regard in due course.

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