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Mouwasat Medical Services Company announces the establishment of Modawa and Rieaya Medical Company “Ltd” in partnership with Aldawaa Medical Services Co.

4002
MOUWASAT
-0.39 %
1445/11/29     06/06/2024 15:56:35

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Announcement Detail Mouwasat Medical Services Company is pleased to announce the establishment of a limited liability company in partnership with Aldawaa Medical Services Co in the name of (Modawa and Rieaya Medical Company) for the purpose of medical clinics activities, and its head office is in Al-Khobar, and the company's capital has been set at 1,000,000 riyals (one million riyals) with proportions distributed by 51% for Mouwasat Medical Services Co. and 49% for Aldawaa Medical Services Co., and this comes in line with the company's strategic directions, and it is expected that the activities of (Modawa and Rieaya Medical Co.) will contribute positively to Financial results of Mouwasat Medical Services.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 76.25
Net Change -0.3 (-0.39%)
Value Traded (Sar) 22,892,932.7
Volume Traded 299,849
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