Further announcement from Dallah Healthcare regarding acquiring land in west Riyadh costing SR 59.5m to construct a general hospital

26/05/2013 Argaam

An announcement was posted on Tadawul on 26/5/2013, by Dallah Healthcare Holding co., regarding the purchase of land in west Riyadh with a total area of about 40,000 M sq. indicating an initial total price of SR 59.9m, with an corrected price of SR59.5m to build a general hospital as part of the companys expansion plan. That lands deed has been already transferred to the companys name. The construction is expected to commence during the second quarter of 2014. It is projected that the construction will be completed three years after.

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