Al-Khaleej Training and Education Company announces the latest developments regarding a memorandum of understanding (non-binding) signed with Al-Awael Gulf Holding Company (a Saudi limited liability company) and Al-Awael National Schools Company Limited (a Saudi limited liability company)
| Element List | Explanation |
|---|---|
| Introduction | A reference to the company’s announcement on the Tadawul website on 01/12/2022 AD regarding the extension of the memorandum of understanding (non-binding) signed with Al-Awael Gulf Holding Company (a Saudi limited liability company) and Al-Awael National Schools Company Limited (a Saudi limited liability company) Al-Khaleej Training and Education Company announces the termination of the memorandum of understanding (non-binding) without reaching a final agreement between the two parties to complete the deal due to the lack of compatibility between the concerned parties without any obligation on either side. |
| Previous Announcement | Al-Khaleej Training and Education Company announces the latest developments regarding a memorandum of understanding (non-binding) signed with Al-Awael Gulf Holding Company (a Saudi limited liability company) and Al-Awael National Schools Company Limited (a Saudi limited liability company) |
| Date of Previous Announcement on Tadawul’s Website | 2022-12-01 Corresponding to 1444-05-07 |
| Percentage of fulfilled achievement | NA |
| Event’s Expected Completion Date | NA |
| Reasons for Exceeding the Announced End Date | NA |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | NA |
| Impact of the Delay on the Company’s Financial Results | NA |
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