With reference to the announcement of Scientific & Medical Equipment House Co. published on the Saudi Exchange (Tadawul) website on 07-04-1447H corresponding to 29-09-2025G, which included that the company had received a letter approving the award of the tender for the maintenance and repair project of medical devices and equipment for King Abdulaziz Specialist Hospital within the Taif Health Cluster.
Accordingly, Scientific & Medical Equipment House Co. announces the signing of the contract for the project of the maintenance and repair project of medical devices and equipment for King Abdulaziz Specialist Hospital within the Taif Health Cluster.
The contract was signed, and the company received its copy today, Monday, 10-06-1447H corresponding to 01-12-2025G.
Date of Announcement of the Award
2025-09-29 Corresponding to 1447-04-07
Contract Subject Matter
Maintenance and Repair of Medical Devices and Equipment at King Abdulaziz Specialist Hospital within the Taif Health Cluster.
The Entity with Which the Contract was Signed
King Abdulaziz Specialist Hospital within the Taif Health Cluster
Date of Signing the Contract
2025-12-01 Corresponding to 1447-06-10
Contract Value
An amount of (50,922,867.25) SAR, Only, Fifty Million Nine Hundred Twenty-Two Thousand Eight Hundred Sixty-Seven Saudi Riyals and Twenty-Five Halalas (inclusive VAT).
Contract Details
Maintenance and Repair of Medical Devices and Equipment at King Abdulaziz Specialist Hospital within the Taif Health Cluster, a total amount of (50,922,867.25) SAR, Only, Fifty Million Nine Hundred Twenty-Two Thousand Eight Hundred Sixty-Seven Saudi Riyals and Twenty-Five Halalas inclusive VAT and its implementation period (5) Years.
Contract Duration
(5) Years
Financial Impact and the Relevant Period
The financial impact of the project is expected to commence during the second quarter of the fiscal year 2026.
This was previously announced in the company’s earlier disclosure upon receiving the award approval for the project.
Related Parties
No related parties
Additional Information
The signing of the contract by both parties was completed, and the company’s copy was received on Monday, dated 01-12-2025G.
