The subscription period for institutional and retail investors will open on September 30 and close on October 4
The acquisition will aim to continue to scale and diversify IHC’s investment in the healthcare sector locally and regionally
Burjeel Holdings will explore investment opportunities through joint ventures and PPP models to establish healthcare offerings in the kingdom
Once listed, Burjeel is considering a dividend payout ratio of 40 per cent to 70 per cent of net income from 2023 depending on its investment requirements at the time
Burjeel Holdings will operate nearly 60 assets across a range of brands, including Burjeel Hospitals, Medeor Hospital, Lifecare Hospital and Tajmeel
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