An Explanatory Announcement from Ayyan Investment Company regarding the signing of an agreement between Al Salam Medical Services Company (a subsidiary) with Aramco

An Explanatory Announcement from Ayyan Investment Company regarding the signing of an agreement between Al Salam Medical Services Company (a subsidiary) with Aramco

19 February 2024 03:36 PM

AYYAN

2140

81.75%

26.10

11.74

Element List

Explanation

Announcement Detail

In reference to the events that were recently announced on social media related to Al Salam Medical Services Company (Al Salam Hospital), a subsidiary of Ayyan Investment Company, signing of an agreement with Aramco, the company wishes to clarify to its valued shareholders that this agreement is a non-binding agreement to provide medical services to company employees. Aramco does not include contracts for the sale or supply of services for specific amounts and does not have any material financial impact on the company’s operations. The Company also confirms that it has previous agreements to provide medical services, between its subsidiary (Al-Ahsa Medical Services Company) and Aramco. It is worth noting that this agreement is within the nature of the operational activity of the hospitals affiliated with Ayyan company, and it is like any other agreement to perform medical services for the benefit of employees of companies dealing in the health sector. The company would also like to clarify to its esteemed shareholders its keenness and commitment to disclose important events in accordance with the rules and regulations issued by the Capital Market