Scientific & Medical Equipment House Co. Announces the Award of a Project by the Security Aviation Leadership Valued at SAR (11,920,450.52)

Element ListExplanation
Introduction Scientific & Medical Equipment House Co. announces that it has received, on 06-08-2026, a letter of award for the Medical Operation and Medical Equipment Maintenance Project at the medical centers affiliated with the Security Aviation Leadership in Riyadh
Date of Award 2026-08-06 Corresponding to 1448-02-23
Counterparty the Security Aviation Leadership
Project Value The total contract value is SAR (11,920,450.52) Eleven Million Nine Hundred Twenty Thousand Four Hundred Fifty Saudi Riyals and Fifty-Two Halalas, inclusive of Value Added Tax (VAT).
Project Details The scope of the project includes the provision of medical operation services and the maintenance of medical equipment at the medical centers affiliated with the Security Aviation Leadership in Riyadh. The total contract value is SAR (11,920,450.52) Eleven Million Nine Hundred Twenty Thousand Four Hundred Fifty Saudi Riyals and Fifty-Two Halalas, inclusive of Value Added Tax (VAT), with a contract term of three (3) years.
Related Parties No related parties
Additional Information The financial impact of this contract is expected to be reflected in the Company's financial results starting from the fourth quarter of 2026.

The Company will announce any material developments in due course upon signing and receiving the final executed copy of the contract.