Investor Relationship

In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.

Al-Khaleej Training and Education Company announces the latest developments regarding the sale and purchase agreement signed with the owners of Al-Riyadah Model Education Company

 

Element List Explanation
Introduction A reference to the announcement of Al-Khaleej Training and Education Company, which was published on the Tadawul website on 28/08/2023 AD, regarding the signing of a sale and purchase agreement with the owners of Al-Riyadah Model Education Company to acquire 51% of the total shares of ownership of Al-Riyadah Model Education Company

 

The company would like to announce to its esteemed shareholders the issuance of the General Authority for Competition’s decision of no objection to completing the economic concentration process between Al Khaleej Training and Education Company and Al Reyadah Model Education Company to acquire a percentage (51%) of the total ownership shares of Al Reyadah Company.
Previous Announcement Al-Khaleej Training and Education Company announces the latest developments regarding the sale and purchase agreement signed with the owners of Al-Riyadah Model Education Company
Date of Previous Announcement on Tadawul’s Website 2023-08-28 Corresponding to 1445-02-12
Percentage of fulfilled achievement 100%
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. No change
Impact of the Delay on the Company’s Financial Results NA

 

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