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15-Dec-2016

Dallah BoD approves setting up SAR5mn company for operating hospitals

Dallah Healthcare Company (4004.SE) Board of Directors approved the setting up of a limited liability company with a total capital of SAR5mn (financed internally). The company's activities will include the management, operation, and renovation of hospitals and healthcare facilities in addition to owning lands. (Tadawul)   Dallah Healthcare: SAR90.58 as of 14 Dec, Rating: Buy, TP: SAR103.0/share, MCap: USD1,425mn, DALLAH AB / 4004.SE

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