Lana Medical Company (SASE:9587) acquired Saham Environmental Services Company at a value of SAR 5 million on January 28, 2024. This acquisition of Lana Company comes to enhance its ability to serve its customers with a wide range of environmental services, which will support the acceleration of the development of its operations in environmental services through a wider range of services, drive growth in the company?s environmental sector, and expand into other categories in the future. The acquisition will be financed through internal cash flows, and the financial impact of the deal will appear on the financial results as of the first quarter of the fiscal year 2024.

Lana Medical Company (SASE:9587) acquired Saham Environmental Services Company on January 28, 2024.