‎Equipment House wins SAR 44.5M project with Madinah Health Cluster

‎Equipment House wins SAR 44.5M project with Madinah Health Cluster ‎Equipment House wins SAR 44.5M project with Madinah Health Cluster

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Logo ofScientific and Medical Equipment House Co. (Equipment House)

Scientific and Medical Equipment House Co. (Equipment House) announced today that it has received approval to award a tender for a project to provide nutrition services to the Specialized Psychiatric Hospital, Dar Nakehi Hospital for Psychiatric Disorders, and Al Haram New Hospital in Madinah, in collaboration with the Madinah Health Cluster (MHC).

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In a statement to Tadawul, the company noted that the five-year contract is valued at SAR 44.52 million, inclusive of VAT. The financial impact of the project is expected to begin in the third quarter of 2025.

Equipment House stated that it will announce any future developments in due course, once all relevant parties have signed the final version of the contract and a copy has been received.

The company also confirmed that there are no related parties involved.

 

Logo ofScientific and Medical Equipment House Co. (Equipment House)

Scientific and Medical Equipment House Co. (Equipment House) announced today that it has received approval to award a tender for a project to provide nutrition services to the Specialized Psychiatric Hospital, Dar Nakehi Hospital for Psychiatric Disorders, and Al Haram New Hospital in Madinah, in collaboration with the Madinah Health Cluster (MHC).

For more news on listed companies

In a statement to Tadawul, the company noted that the five-year contract is valued at SAR 44.52 million, inclusive of VAT. The financial impact of the project is expected to begin in the third quarter of 2025.

Equipment House stated that it will announce any future developments in due course, once all relevant parties have signed the final version of the contract and a copy has been received.

The company also confirmed that there are no related parties involved.

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