Equipment House wins SAR 17.13M contract from Social Development Bank

07/11/2024 Argaam

Scientific and Medical Equipment House Co. (Equipment House) won today, Nov. 7, a SAR 17.13 million contract (VAT inclusive) from the Social Development Bank (SDB), the company said in a statement on Tadawul.

 

The scope of work covers the operation, maintenance, cleaning and hospitality of the General Administration buildings in Al-Ghadir.

 

The relevant financial impact is expected to appear in Q1 2025, the statement pointed out, adding that there are no related parties to the deal.

 

The company will announce any future developments in due course, after the final version of the contract is signed by all relevant parties and a copy of which is received.

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