4007 · 30/04/2018 08:56:49 · Announcement #50511 · View on Saudi Exchange

Al Hammadi announces the awarding of a SAR 347 million contract to one of its fully owned subsidiaries in relation to the main unified procurement tender for vaccines for the year 2018G

Al Hammadi Company for Development and Investment (Al Hammadi) announces the awarding of a SAR 347 million contract to Pharma Serve, a wholly-owned subsidiary of Medical Support Services Company (a fully owned subsidiary of Al Hammadi) for a period of 24 months, in relation to the main unified procurement tender for vaccines to all participating government health authorities for the year 2018G, according to the award letter received from the National Unified Procurement Company (NUPCO) dated 13 shaban 1439H, corresponding to 29 april 2018G. Al Hammadi will announce in due course any further developments including the official signing of the contract.The financial impact of this project is expected to start in the third quarter of the fiscal year 2018G.

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