After the Saudi healthcare firm obtains the regulatory approvals it will pump SAR 350 million to contribute into establishing the hospital, while AWJ Investment Co will provide a land of 150,000 square metres at a value of SAR 270 million. Any company of the two parties can cancel the contract agreement in case of not getting the regulatory approvals within a year of signing. DHC forecasted a positive financial impact of the transaction on long-term. Dallah healthcare tadawul forex 12:18 pm KSA time, Dallah’s stock remained stable at SAR 105.
DALLAH HEALTHCARE SJSC : Company announces the appointment of the Vice Chairman . DALLAH HEALTHCARE SJSC : Company announces the start of operating Dallah Namar H. DALLAH HEALTHCARE : to distribute SAR 2. Dallah Health and AWJ Investment have signed an agreement to build and operate a hospital in Jeddah . Dallah Health has signed a joint venture agreement with AWJ Investment to incorporate a closed joint stock company, it has been revealed. AWJ Investment will provide the land on which the hospital will be built.