Riyadh – Mubasher: Scientific & Medical Equipment House Company won a project contract award valued at SAR 75.16 million on 3 March 2024, according to a bourse disclosure.
Under the agreement, the listed firm will provide non-medical operation and maintenance services for King Faisal Specialist Hospital and Research Centre in Medina for three years.
The deal will reflect on the company’s financial statements during the second quarter (Q2) of 2024.
Scientific & Medical Equipment will disclose any future developments regarding the project after signing the final version of the contract.
In November 2023, the Tadawul-listed firm penned a SAR 25.49 million agreement with the Saudi government to supply and operate road safety equipment in Riyadh.