Al-Khaleej Training and Education Company announces the latest developments regarding the non-binding Memorandum of Understanding signed with the owner of Al-Enjaz National Schools Company Ltd.
|Introduction||Reference to the company’s announcement on the Tadawul website on 26/09/2021 AD regarding the extension of the (non-binding) memorandum of understanding signed with the owner of Al-Enjaz National Schools Company Ltd.Al-Khaleej Training and Education Company announces the termination of the (non-binding) Memorandum of Understanding without reaching a final agreement between the two parties to complete the deal due to the lack of compatibility between the concerned parties and without any obligation on either party.|
|Previous Announcement||Al-Khaleej Training and Education Company announces the extension of the (non-binding) Memorandum of Understanding signed with the owner of Al-Enjaz National Schools Company Limited|
|Date of Previous Announcement on Tadawul’s Website||2021-09-26 Corresponding to 1443-02-19|
|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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