With reference to the CMA Board resolution dated 19/03/1437H corresponding to 30/12/2015G approving the Initial Public Offering ("IPO") of (27,612,000) shares, representing (30%) of Middle East Healthcare Company's share capital. ("The Company")
The CMA would like to clarify that it has received a letter from the Company requesting to postpone its IPO to a date that will be determined within six weeks from the date of this announcement.
The CMA has approved the Company’s request, given that the offer is concluded no later than 22/06/1437H, which corresponds to 31/03/2016G.
If the offer is not concluded by end of 22/06/1437H, which corresponds to 31/03/2016G, the CMA’s approval of the Company's prospectus and the IPO will be considered canceled.