Doctors Company

Doctors Companyfor Health Projects

Saudi Closed Joint Stock

Company (Healthcom)

Doctors Company for Health Projects

Saudi Closed Joint Stock Company

Under the supervision of

A elite of doctors and faculty members

In Saudi universities

"As much as the people of determination come determinations "

Established a closed stock company in 2014 with a total paid up capital of 100 M SR by 150 investors

A further increase to the capital of 100M in 2015 paid by other investors, total capital is 200 M SR.

Total investors 320 , majority are highly educated physicians.

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A Second further increase to the capital of 100M in 2016 paid by other investors, total capital is 300.000.000 SR.



Company (Healthcom)

Major Shareholders

International Islamic Relief Organization

Mr. Fayez Jameel Zagzoog

Mr. Mansour Saleh Aborayash

Abbas Ali Sharbatly Sons Company

Basateen El Alam Company (Mr. Mohamed Ali El Eissaie)

Eng. Sulaiman Elregeay

Dr. Mohammad Khader Zimmo

Eng. Abdulazizi Zidan

Royat Ghaddan for Real Estate Development and Investment (Abdulatif Al Amoudi)2



Company (Healthcom)

Company Board Member (third Term)

• Chairman Professor Osama Shobokshi

• Vice Chairman Professor Abdulkader Madani Elagi

• Chief Executive Officer Professor Reda Khalil

• Member of Board Mr. Fayez Jameel Zagzoog

• Member of Board Mr. Mansour Sleh Aborayash

• Member of Board Dr. Abdularahman Khogair

• Member of Board Dr. Fawzy Ahmad Enany

• Member of Board Dr. Mohammad Khader Zimmo

• Member of Board Mr. Mohammed Ali Abdullah Al-Esaei

• Member of Board Mr. Ahmed Abbas Sharbatly

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Company (Healthcom)

Board of Directors meeting4



Company (Healthcom)

Chartered Accountants

KPMG Europe LLP Gulf Holdingswww.kpmg.com

Financial & Strategic Plan

Sindi & BatterjeeCertified Public Accountants & Consultancy Member of Kreston InternationalP.O. Box 15046, Jeddah 21444Phone No: +966 2 6670692 - 6600085Fax No: +966 2 6609320Web site : www.oakcpa.com

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Company (Healthcom)

Company Objectives “Purpose & Range of activities”

Article 3 (Company Bylaws):• Provision of Healthcare services.• Development of Services in Hospitals and health

facilities.• Manage, operate and own hospitals, centers ,

institutes.• Acquisition of hospitals, medical centers,

laboratories, radiology centers.• Establish Health colleges and centers for Training.• Research.

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Company (Healthcom)

• Pharmaceutical & medical supplies manufacturing .

• Representation for pharmaceuticals companies and Distributions .

• Establish pharmacies

• Medical waste management

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Company Objectives “Purpose & Range of activities”



Company (Healthcom)

In conclusion :

The Investment in health sector in KSA market:

• Is still promising

• There are wide gap between the supply and demand.

• The appropriate local staff for operation of health services is still a core issue

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Company (Healthcom)

Increasing population

Increased demand for health care personnel

Increased demand for healthcare services

In addition to

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Governmental loans without interest for both Health and Education



Company (Healthcom)

Initial investors meeting

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Company (Healthcom)

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Company (Healthcom)


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Company (Healthcom)


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Company (Healthcom)

To provide a distinct and unconventional medical model as is

the case in developed countries.

The founders set themselves the requirements of:

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The project should be a distinguished medical landmark

and edifice

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Company (Healthcom)

1. Acquisition of 66% of a hospital under construction

- Completed civil works for 7 floors

- The Hospital is licensed for 100 beds.

- Established a new LLC company owned by Sehatcom and the new partner

- The operation and management will be by Sehatcom.

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Company (Healthcom)

Hospital of Jeddah Doctors Co. Ltd.

Al H

aram

ain

Ro

ad

The project Location

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4 Al-Baz Street, Sulimania – P.O.Box286389 Riyadh 11323 – Tel. 4604146 / 147 – Fax : 4604149 - KSA

E-mail : [email protected] WWW.daralnoor.com.sa



Currently building a new tower to increase from 100 beds to 220 beds.

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ParkingHospital



Company (Healthcom)

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Hospital redesign by tangram



Company (Healthcom)


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Company (Healthcom)




E-mail : [email protected] WWW.daralnoor.com.sa20




Company (Healthcom)

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: المصممون

:الإشراف الهندسي



Company (Healthcom)

Jeddah Doctors co. HospitalAs built

Jeddah Doctors co. Hospital ParkingAs built

Jeddah Doctors co. HospitalAs built

Jeddah Doctors co. HospitalNew interfaces



السكني الإداري



Company (Healthcom)

Emergency

Surgical Department

Surgical Department

Surgical Department/Recovery

Suites

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In addition: The company bought free land across the Hospital building to match with the approval of the Ministry of Health to increase the bed capacity of the Hospital from 100 beds to 220 beds, for:

- Nurses housing -Laundry

- Warehouse for Medical consumable supply & Office supply.



Company (Healthcom)

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Company (Healthcom)

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Company (Healthcom)

Company Projects in the second stageThe company boughtfree land (40000 m2) toEstablishing on it:

- 200 beds UniversityHospital

- Medical college for1000 students in firststage and 3 collegesafter37



Company (Healthcom)

SEHTCOM MEDICAL PROJECT

موقع المشروع

نةدي

لم اق

طر


4136


: المصممون

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4338


E-mail : [email protected] WWW.daralnoor.com.sa37


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Company (Healthcom)

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3. Pharmaceutical factory

The pharmaceutical market in theKingdom is the largest in the Arabregion, which represents about 25% ofthe total Arab drug market, which iscurrently valued at approximately (80)billion Saudi riyals.



Company (Healthcom)

• The local production of pharmaceuticalproducts covers only 20% of the market size andthe rest is imported from outside the Kingdom.

• Investment in the pharmaceutical industry inthe Kingdom is supported by the availability ofmany chemicals in the pharmaceutical industryproduced by the Saudi Basic IndustriesCorporation (SABIC).

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Company (Healthcom)

150.000.000 SR

70%

from Doctors company investors other than their share in Doctors company

30%

from Doctors

company projects

The establishment of a company originating from the Holding company called the Doctors Company for

Pharmaceutical Industries with a capital of:

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Company (Healthcom)

a land area of 21861 m2 was approved for the

project on 28/12/2016 by Modon. And then get

an additional land area of 10.892 m.

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Apply to the Ministry of Commerce and Industry for an industrial licenseand the initial license was issued to the company.

Accordingly:



Company (Healthcom)

Environmenta

l audit and

approval was

obtained

a contract was

signed with an

engineering

office to design

and build the

factory

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Company (Healthcom)

SFDA approval was granted and feasibility study was completed

pharmaceuicalproducts which

will be manufactured in the factory in the first stage (first 4

years)

Tablets

Capsules

powderCreams

Ointments and gel

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ProductsYear

111

122

153

114

49total50

Pharmaceutical Products Phases



Company (Healthcom)

The work on the construction

of the factory started at

01/05/2019 .. And the work will

be finished on 20/10/2020

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Doctors Company for Health Projects

100 %

University hospital with a capacity of 200 beds

Four (4) medical colleges

66 %

Jeddah Doctors Co .Ltd.

23.63 %

Doctors Company for Pharmaceutical Industries

76.27 %

Owned by some of Doctors Company for Health Projects shareholders

It is managed through an independent

management with independent budgets

and an independent board of directors

and under the supervision of the

management of the holding company

Organizational structure of the holding company

It is managed through an

independent management with

independent budgets and an

independent board of directors

and under the supervision of

the management of the holding

company.

An independent company

will be established for

that later

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Company (Healthcom)

Payback Period NPVIRR %Project

7.7590.52919College

9.15410.08223Hospital (220 beds)

7.17460.22424.5Hospital (200 beds)

4176.51931.50Pharmaceutical

7.51913.36421.25Holding Company

Projects Feasibility

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Company (Healthcom)

Strategic & financial Planfor 10 years 2016-2025

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Company (Healthcom)

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ProjectsQt

Hospitals 220 beds and 200 beds 2

Medical Colleges 4

Polyclinics centers inside Jeddah city5

Pharmaceutical factory1

Residential compound for Staff and students1

Strategic & financial Plan for 10 years 2016-2025

First phase



Company (Healthcom)

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Strategic & financial Plan for 10 years 2016-2025

Second phase Transform company from closed joint to open joint stock company for all citizens

Third phaseTransforming the college to a university and medical city

Fourth phaseExpand services to other cities in Holy Makkah and Madinah



Company (Healthcom)

Capital in the first stage:

1.2 Billion

SAR

Governmental Loans

500 Million

Shareholders 700 Million

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Company (Healthcom)

Our projects in conclusion is

Economically Feasible

The market of the project is not only KSA

Provide high standard medical

education

Provide high level of

Medical care

Assist in decreasing the gap in med. Care and higher education

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Company (Healthcom)

Benefits of investment in this project

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Finally

Projected annual yield is rewarding compared to

other investment opportunities and during

reasonable period

Distinguished locations for the

project sites

Highly experienced company board

and management

Highly experienced and professional investors that

will provide a lot of support to the projects

Why to invest in this Project?



Company (Healthcom)

Benefits of investment in this project

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Finally

Transforming the company to an open joint stock in a

short period of time

Why to invest in this Project?

Financial Management under the supervision of:

- Ministry of commerce (Corporate Governance Program) - Saudi Capital Market Authority

Investing in this project by any new investor after 3 years of working is

an excellent investment opportunity The investors have already provided all fund necessary for all the assets

that have become a reality

The only project in the kingdom that is owned by those who are specialized

in its services

Thank Youwww.sehatcom.com



Company (Healthcom)

Doctors Company

Documents

Transcript of Doctors Company