‎Equipment House receives approval on award of medical operation competition for SAR 8.7 mln

‎Equipment House receives approval on award of medical operation competition for SAR 8.7 mln

Scientific & Medical Equipment House Co. said that it received, on Dec. 6, the approval of awarding of a project for the medical operation competition in the medical centers affiliated to the General Administration of Medical Services at a total value of SAR 8.71 million VAT inclusive.

The implementation period of the project is 14 months, the company said in a statement on Tadawul, adding that the medical operations competition will be in the medical centers affiliated to the General Administration of Medical Services in:

-Al Nakheel Medical Complex, Riyadh.

-Jeddah Medical Center, Jeddah Governorate.

-Taif Medical Center in Taif.

-Al-Muzahimiyah Medical Center in Al-Muzahimiyah.

The company expected that the financial impact of the project will be reflected during the second quarter of 2023, and noted that any future developments in this regard will be announced in due course, particularly, after receiving the final copy of the contract and after signing it from all concerned parties.

The deal doesn’t include related parties, the statement added.