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22-Jan-2018

Construction at MEAHCO's new hospital in Dammam 23% complete

Middle East Healthcare Company (MEAHCO) (4009.SE), owner and operator of Saudi German Hospitals franchise, announced that it had completed 23% of construction at its hospital in Dammam (construction started in Dec 2016). The project is expected to be completed by Jun 2019. 

Middle East Healthcare co. (MEAHCO): SAR57.70 as of 21 Jan. 2018, Rating: Buy, TP: SAR78.00/share, MCap: USD1,416mn, MEH AB/4009.SE
 

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