ProMedEx: Care2 Fund mulls to transfer stake to unitholders

25/08/2024 Argaam
Logo ofProfessional Medical Expertise Co. (ProMedEx)

Logo of Professional Medical Expertise Co. (ProMedEx)

Professional Medical Expertise Co. (ProMedEx) received, on Aug. 22, a letter from Alkhair Capital, the manager of Care2 Fund, stating the fund plans to transfer its 20% stake (700,000 shares) to its unitholders.

 

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In a statement to Tadawul, ProMedEx said the ownership transfer will be carried out through the custodian company, The Second Health Care Trading, a one-person company.

 

This will be after fulfilling all regulatory requirements related to the Capital Market Authority and other relevant regulatory bodies.

 

This procedure, upon completion, will result in a change in ProMedEx's major shareholders list.

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