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15-Nov-2018

Dallah extends JV agreement with AWJ Investment Co.

Dallah Healthcare [4004.SE] announced the extension of a joint venture agreement with AWJ investment Co. for seven months, ending on 13 Jun 2019. The aim of the agreement is to establish a company to build and operate a full service hospital in Al Manar area in Jeddah with an initial capital of SAR500k. 
 
Dallah Healthcare: SAR58.00 as of 14 Nov. 2018, Rating: Neutral, TP: SAR60.00/share, MCap: USD913mn, DALLAH AB/4004.SE
 

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