Thob Al-Aseel signs SAR 73.1 mln medical supply deal with NUPCO

05/08/2020 Argaam

 

Thob Al Aseel Co. signed on July 28 an agreement worth SAR 73.1 million with National Unified Procurement Company (NUPCO) to supply medical equipment, it said in a bourse statement on Wednesday.

 

The two-month deal will enhance Thob Al Aseel’s leading position in the Saudi market.

 

The deal is expected to have a positive impact on the company’s Q3 2020 results, Thob Al-Aseel added, noting that there are no related parties to the agreement.

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