| Element List |
Explanation |
| Introduction |
Referring to Dallah Healthcare Company's announcement published on the Tadawul website on 20/09/1444H corresponding to 11/04/2023G regarding the establishment of a new hospital project on the company's owned land, with an area of 45,000 square meters, located at the intersection of Abu Bakr Al-Siddiq Road with Prince Saud Bin Abdullah Bin Jalawi Road in Riyadh - Al Arid area, the company would like to announce that it has signed a contract for the execution of construction, electromechanical and finishing works with Youssef Marroun Contracting Co. after the completion of the excavation work, the preparation of the project site, and obtaining the necessary official approvals. |
| Date of Announcement of the Award |
2024-06-27 Corresponding to 1445-12-21 |
| Contract Subject Matter |
Executing the construction, electromechanical and finishing works |
| The Entity with Which the Contract was Signed |
Youssef Marroun Contracting Co. |
| Date of Signing the Contract |
2024-06-27 Corresponding to 1445-12-21 |
| Contract Value |
690,000,000 SR |
| Contract Details |
Executing the construction, electromechanical and finishing works for the hospital project located in Riyadh, Al Aridh area |
| Contract Duration |
24 months |
| Financial Impact and the Relevant Period |
It is expected that the Project will have an impact on the Company’s financial results when it starts operating in the first quarter of 2027 |
| Related Parties |
There are no related parties involved. |
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