Dallah extends MoU to buy Maharah unit’s stake in Care Shield until Dec. 12

Dallah seeks to buy Maharah subsidiary’s 41.36% stake in Care Shield Holding

Dallah Healthcare Co. has extended the non-binding memorandum of understanding (MoU) with Growth Avenue Investment Co., a wholly owned subsidiary of Maharah Human Resources Co., until Dec. 12, 2025, under the same previous terms and conditions, Dallah and Maharah said in two separate statements to Tadawul.

Dallah signed the MoU with Growth Avenue on Oct. 26 to purchase its entire 41.36% stake in Care Shield Holding Co. Following this, Dallah will own 100% of Care Shield Holding's share capital.

The MoU was effective until Nov. 30, 2025.

Care Shield Holding, 41.36% owned by Growth Avenue and 58.64% by Dallah, is not a direct party to the MoU.