‎Dallah extends MoU to buy Maharah unit’s stake in Care Shield until Dec. 12

‎Dallah extends MoU to buy Maharah unit’s stake in Care Shield until Dec. 12 ‎Dallah extends MoU to buy Maharah unit’s stake in Care Shield until Dec. 12

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Dallah seeks to buy Maharah subsidiary’s 41.36% stake in Care Shield Holding

Dallah Healthcare Co. extended the non-binding memorandum of understanding (MoU) with Growth Avenue Investment Co., a wholly owned subsidiary of Maharah Human Resources Co., until Dec. 12, 2025, according to a statement to Tadawul.

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Dallah signed the MoU with Growth Avenue on Oct. 26 to purchase its entire 41.36% stake in Care Shield Holding Co. Following this, Dallah will own 100% of Care Shield Holding’s share capital.

The MoU was effective until Nov. 30, 2025.

Care Shield Holding, 41.36% owned by Growth Avenue and 58.64% by Dallah, is not a direct party to the MoU.

 

Dallah seeks to buy Maharah subsidiary’s 41.36% stake in Care Shield Holding

Dallah Healthcare Co. extended the non-binding memorandum of understanding (MoU) with Growth Avenue Investment Co., a wholly owned subsidiary of Maharah Human Resources Co., until Dec. 12, 2025, according to a statement to Tadawul.

Dallah signed the MoU with Growth Avenue on Oct. 26 to purchase its entire 41.36% stake in Care Shield Holding Co. Following this, Dallah will own 100% of Care Shield Holding’s share capital.

The MoU was effective until Nov. 30, 2025.

Care Shield Holding, 41.36% owned by Growth Avenue and 58.64% by Dallah, is not a direct party to the MoU.

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