UAE’s Amanat Holdings acquires 35% stake in Saudi Sukoon

11/08/2015 Argaam

Amanat Holdings Company, which is listed on the Dubai Financial Market, has committed about SAR 179.2 million for a 35 percent stake in Saudi-based Sukoon International Company.

Amanat’s board of directors approved the decision on Sunday, according to data available on Argaam.

Sukoon, which specializes in healthcare real estate development, is a closed joint stock company headquartered in Jeddah since 2007. The company was recently accredited by the Saudi Central Board for Accreditation of Health Institutions. 


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