SMEH Wins SAR 200M Asir Health Medical Maintenance Contract
EQUIPMENT HOUSE 4014.SA | 0.00 |
Scientific & Medical Equipment House Co. announced on July 26, 2026, the award of a project by the Ministry of Health – Asir Health Cluster for the maintenance and repair of medical devices and equipment for hospitals and healthcare centers in the Asir Region. The contract is valued at SAR 199,749,695.80 (inclusive of VAT) and spans a duration of five years. No related parties are involved, and the financial impact is expected to commence during the fourth quarter of fiscal year 2026. The company notes that the award decision does not create legal or financial obligations on either party until the contract is formally executed.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96988&anCat=1&cs=4014&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
