AnnouncementDetails

Actions

Middle East Healthcare Company announces the signing of Islamic Credit Facility Agreement (Murabaha) with SAMBA Financial Group

Middle East Healthcare Co. announces the signing of Islamic Credit Facility (Murabha) agreement with Samba Financial Group as follows:
1.loan agreement was signed on 24-07-2016
2.Loan amount of SAR 200 Millions
3.Loan availability period is from 24-07-2016 to 01-01-2017.
4.The purpose of the loan is to finance the working capital
5.Loan guarantee : promissory note from the company.
6.Further information: The repayment is over eight quarterly installments starting from three months after disbursal.

The Capital Market Authority and the Saudi Stock 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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
25.85 -0.3 (-1.15%)
Value Traded (SAR) Volume Traded
4,827,477.5 186,767

RelatedAnnouncementPortlet

Actions

Related Announcements

A 4009 SAUDI GERMAN HOSPTL -0.3 (-1.15%)

1440/10/20   23/06/2019 08:24:47

No English translation, kindly refer to the Arabic version

A 4009 SAUDI GERMAN HOSPTL -0.3 (-1.15%)

1440/10/07   10/06/2019 15:22:40

Middle East Healthcare Company announces the completion of construction work of Saudi German Hospital in Dammam

A 4009 SAUDI GERMAN HOSPTL -0.3 (-1.15%)

1440/09/24   29/05/2019 15:21:57

No English translation, kindly refer to the Arabic version

View all announcements