Addendum announcement from Al Khaleej Training and Education Company regarding the company’s previous announcement of the Board of Directors’ approval to separate one of its affiliated activities (call centers) as an independent subsidiary (closed joint stock company) 100% owned
| Element List | Explanation |
|---|---|
| Introduction | Further to the company’s announcement published on the Tadawul website on 07/03/1443 AH corresponding to 13/10/2021 AD regarding the Board of Directors’ approval to separate one of its affiliated activities (call centers) as an independent subsidiary (a closed joint stock company) 100% owned with a capital of fifty million riyals , The company announces the completion of the procedures for establishing the company in the name of Advanced Systems and Solutions for Communications Company (a closed joint stock company) with Commercial Registration No. 1010369937 issued by the Commercial Registry Office in Riyadh on 04/02/1444 AH corresponding to 31/08/2022 AD, provided that the company’s head office is In the city of Riyadh |
| Date of Posting the Previous Announcement of Development on Tadawul’s Website | 2021-10-13 Corresponding to 1443-03-07 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Completion of the official establishment of the company and the issuance of the commercial registration of the company |
| Financial Impact on the change | A separate bank account was opened in the name of the company and the value of the capital was deposited in the account |
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