Logo of Scientific and Medical Equipment House Co. (Equipment House)
Scientific and Medical Equipment House Co. (Equipment House) received approval on it bid for a project tender to provide nutrition services to the Specialized Psychiatric Hospital, Dar Nakehi Hospital for Psychiatric Disorders, and Al Haram New Hospital in Madinah, in collaboration with the Madinah Health Cluster (MHC).
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In a statement to Tadawul today, April 7, the company noted that the five-year contract is valued at SAR 44.52 million, inclusive of VAT. The financial impact of the project is expected to begin showing in the third quarter of 2025.
Equipment House will announce any future developments in due course, once all relevant parties have signed the final version of the contract and a copy of it has been received.
The company also confirmed that there are no related parties involved in the deal.
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