BRIEF-Fakeeh Care Signs Contract With Yaser Yousef Naghi For Investment Company

+1.16%

FAKEEH CARE

4017.SA

35.00

+1.16%

Oct 2 (Reuters) - DR SOLIMAN ABDEL KADER FAKEEH HOSPITAL 4017.SE:

ANNOUNCES CONTRACT SIGN OFF WITH YASER YOUSEF NAGHI FOR INVESTMENT COMPANY.
AGREEMENT COVERING CONSTRUCTION AND FINISHING WORK AT A TURNKEY STATUS
AGREEMENT COVERING LEASE AGREEMENT FOR A PERIOD OF 25 YEARS
LEASE EXTENDABLE BY LESSEE FOR ADDITIONAL 10 YEARS
TO LEASE A PURPOSED BUILDING TO OPERATE AS A MEDICAL CENTER
CONTRACT VALUE - 1ST ANNUAL RENTAL SAR 16 MILLION

Source text for Eikon: ID:nSSE3h2bnc

Further company coverage: 4017.SE

((Reuters.Briefs@thomsonreuters.com;))

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