Al Khaleej Training and Education Company announces that it will not distribute cash dividends to shareholders for the fiscal year 2022
| Element List | Explanation |
|---|---|
| Introduction | Al-Khaleej Training and Education Company announces the recommendation of the Board of Directors to the General Assembly of shareholders not to distribute cash dividends to shareholders for the fiscal year 2022 |
| Date of the board’s decision | 2023-04-27 Corresponding to 1444-10-07 |
| Reasons for Not Recommending Distribution | The reason for the recommendation not to distribute cash dividends to shareholders for the fiscal year 2022 is to focus on acquisitions and expansions in the education sector and to provide the necessary funding for them and to support the company’s financial position. |
| Approvals | The Board’s recommendation not to distribute cash dividends for the fiscal year 2022 will be presented to the upcoming General Assembly of Shareholders for a vote. |
| Additional Information | In the event of any inquiries, we hope to contact the Shareholder Relations Department on the phone number 0114623260 or by e-mail: adel-amin@alkhaleej.com. |
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