Al Hammadi’s MoU with Sulaiman Al Habib Medical Group expires
01/05/2018
Argaam
Al Hammadi Company for Development and Investment (Al Hammadi) said today on Tadawul that its non-binding memorandum of understanding (MoU) with Dr Sulaiman Al Habib Medical Group has expired and will not be renewed as the deal was found financially unfeasible.
The three-month MoU, signed on Jan. 29, involved establishing a company to operate in the wholesale and retail business of medical equipment, surgery consumables and commercial agencies.
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Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
ALHAMMADI
24.15
(0.28)
(1.15%)
SULAIMAN ALHABIB
231.30
1.00
0.43%
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