DALLAH HEALTHCARE ANNOUNCES THE SOFT OPENING OF THE NORTH CLINICS,

NAKEEL DISTRICT, COSTING SR 120M

15/02/2015 09:17 AST

In reference to Dallah Healthcare Holding co.'s announcement dates 23/02/2013 relating to the starting the constructing of the structural foundations of expansion of the outpatient clinics, the company announces the inauguration and the soft opening of Northern Clinics in Al Nakheel district in Riyadh with a capacity of 65 clinics as following:

1. Starting of the soft operation of the Northern clinics in Al Nakheel district on Sunday 15/2/2015.
2. The total cost of this project is SAR 120 Millions including construction cost, fixtures, equipment and furniture.
3. The project is to be financed by company's operations and long-term Islamic financing will be announced later.
4. The company expects the inauguration of the North Clinics- Nakheel District to have positive impact on the financial results starting from the fourth quarter 2015.
5. Start date of full operations of the project will be declared during the year 2015.


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DALLAH HEALTHCARE ANNOUNCES THE RECOMMENDATION OF THE BOARD

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