Middle East Healthcare Company (MEAHCO) [4009.SE] announced that it has completed construction works at its hospital in Dammam (started construction in Dec 2016; 160 beds; 100 clinics). The company is yet to announce the date of expected commercial operations and the financial impact of the new hospital as it awaits the final approval from the Ministry of Health. (Company disclosure)
Middle East Healthcare Co. (MEAHCO): SAR27.20 as of 10 Jun. 2019, Rating: Neutral, TP: SAR34.00/share, MCap: USD668mn, MEH AB/4009.SE
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