Kingdom Holding Co.’s subsidiary, Kingdom Investment and Development Co., extended the memorandum of understanding (MoU) with Dallah Healthcare Co. regarding the sale and purchase of shares in Care Shield Holding Co. through share swap and cash consideration, for 15 days until May 14, 2020.

 

The MoU was extended with the mutual consent of both parties and with the same terms and conditions, the company said in a bourse statement.

 

On Jan. 1, 2020, Kingdom Holding announced extension of MoU to sell its shares in Care Shield Holding Co. to Dallah Healthcare Co. for 121 days until April 30, 2020, Argaam reported.

 

Kingdom Investment and Development Company, which owns shares in Care Shield Holding Company, was proposing to sell its stake against shares in Dallah Healthcare and cash.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Kingdom Holding extends MoU with Dallah to sell Care Shield stake

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request