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.
| ELEMENT LIST | EXPLANATION |
|---|---|
| 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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