Page 84 - SGH PR REPORT - MARCH 2024
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4/11/24, 4:37 PM Saudi German Health board proposes no dividend for 2023
Saudi German Health board proposes no dividend for 2023
31/03/2024 Argaam
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Middle East Healthcare Co.’s (Saudi German Health) board of directors recommended, on
March 30, paying no dividends for 2023, according to a statement to Tadawul.
The decision came as the healthcare services provider seeks to support expansions and
current construction projects.
Furthermore, the company is also continuing the renovation of existing hospitals as well as
upgrading the systems and medical equipment. This will improve the operation of the
hospitals and increase the company investment in the healthcare sector.
The recommendation will be discussed in the upcoming general assembly.
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