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Canadian Medical Center Co. Announces signing a contract with Khayrat Amariya Real Estate Company (Related party) to prepare the building as Head office of the company.

CMCER 9518 -2.01% 6.83 -0.14
Element List Explanation
Introduction Canadian Medical Center Co. announces the signing of a contract with Khayrat Amariya Real Estate Company, to prepare the building as a Head office for the company and for the board of directors and its Secretariat, located in the Al Ammar Avenue Complex. for an amount of SR 1,850,000.
Date of Announcement of the Award 2024-03-28 Corresponding to 1445-09-18
Contract Subject Matter Signing a contract with Khayrat Amariya Real Estate Company
The Entity with Which the Contract was Signed Khayrat Amariya Real Estate Company
Date of Signing the Contract 2024-03-28 Corresponding to 1445-09-18
Contract Value SR (1,850,000)
Contract Details Prepare the head office building for the company and for the board of directors and its Secretariat.
Contract Duration None
Financial Impact and the Relevant Period The contact is to prepare the building to be the head office of the company, and there will be no financial impact on the contract.
Related Parties The Chairman, Mr. Khalid bin Mohammed Al Ammar, has an indirect interest in this contract he is the Chairman of Khayrat Amariya Real Estate Company.
Additional Information The company confirms that the contract was concluded within the normal course of business and did not include any preferential benefits.

This contract will be presented to the next General Assembly.

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