Construction at MEAHCO’s Dammam hospital 93% complete; to be delivered in 2Q19
Middle East Healthcare Company (MEAHCO) [4009.SE] announced that it has completed 93% of construction works at its hospital in Dammam (started construction in Dec 2016; 160 beds; 100 clinics). The project is expected to be completed by Jun 2019. (Company disclosure)
Middle East Healthcare co. (MEAHCO): SAR30.80 as of 8 May 2019, Rating: Neutral, TP: SAR34.00/share, MCap: USD756mn, MEH AB/4009.SE
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