BRIEF-Sulaiman Alhabib Announces Project To Establish Tabuk Hospital In Tabuk City

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SULAIMAN ALHABIB

4013.SA

252.20

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Oct 30 (Reuters) - DR SULAIMAN AL HABIB MEDICAL SERVICES GROUP COMPANY 4013.SE:

ANNOUNCES OF PROJECT TO ESTABLISH TABUK HOSPITAL IN TABUK CITY
ANNOUNCES OF PROJECT TO ESTABLISH TABUK HOSPITAL IN TABUK CITY
IT IS EXPECTED THAT THE CONSTRUCTION OF THE PROJECT WILL BEGIN IN THE FOURTH QUARTER OF 2023
ESTIMATED TOTAL COST OF PROJECT IS 420 MILLION RIYALS
PROJECT WILL BE FUNDED BY THE INTERNAL RESOURCES AND BY LONG-TERM SHARIA-COMPLIANT LOANS FROM LOCAL BANKS
EXPECTED THAT CONSTRUCTION WORKS OF PROJECT WILL BE COMPLETED IN THE THIRD QUARTER OF 2027
PROJECT WILL HAVE AN IMPACT ON FINANCIAL RESULTS WHEN IT STARTS OPERATING IN Q4 OF 2027

Source text for Eikon: ID:nSSE913Y85

Further company coverage: 4013.SE

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

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