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Al-Khaleej Training and Education Company announces the latest developments regarding a memorandum of understanding (non-binding) signed with the owners of Al-Minhaj Private Schools Company Limited

Al-Khaleej Training and Education Company announces the latest developments regarding a memorandum of understanding (non-binding) signed with the owners of Al-Minhaj Private Schools Company Limited

Element ListExplanation
IntroductionA reference to the company’s announcement on the Tadawul website on 25/10/2022 AD regarding the extension of the memorandum of understanding (non-binding) signed with the owners of the National Curriculum Schools Company Limited

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 AnnouncementAl-Khaleej Training and Education Company announces the latest developments regarding a memorandum of understanding (non-binding) signed with the owners of the National Curriculum Schools Company Limited
Date of Previous Announcement on Tadawul’s Website2022-10-25 Corresponding to 1444-03-29
Percentage of fulfilled achievementNA
Event’s Expected Completion DateNA
Reasons for Exceeding the Announced End DateNA
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 ResultsNA

 

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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