Scientific & Medical Equipment House Co. announces the awarding of a project with the Ministry of Education at a value of (37,387,133.31) Saudi Riyals.

Scientific & Medical Equipment House Co. announces that it received on January 30, 2024 the approval of awarding of a project for operation of the Dental Hospital at Taif University with the Ministry of Education.

Date of Award
2024-01-30 Corresponding to 1445-07-18

Counterparty
Ministry of Education.

Project Value
An amount of (37,387,133.31) Only Thirty-seven million, Three hundred and eighty-seven thousand, One hundred and thirty-three Saudi riyals and Thirty-one halalas (inclusive VAT).

Project Details
Operation of the Dental Hospital at Taif University with the Ministry of Education, a total amount (37,387,133.31) Only Thirty-seven million, Three hundred and eighty-seven thousand, One hundred and thirty-three Saudi riyals and Thirty-one halalas inclusive VAT and its implementation period (3) Years.

Related Parties
No related parties

Additional Information
It is expected that the financial impact of the project will be reflected during the First quarter of the fiscal year 2024.

The company will announce any future developments in this regard in due course, after the final version of the contract has been signed by all relevant parties and a copy has been received.

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