Logo ofAlkhaleej Training and Education Co.
Alkhaleej Training and Education Co. agreed with the selling shareholder of 80% stake in Adwaa Al-Hedaya Private Schools for Boys and Girls to extend the agreement from Dec. 31, 2024 to March 31, 2025, the company said in a statement to Tadawul. 
According to data compiled by Argaam, Alkhaleej Training announced last September submitting a request to the Capital Market Authority (CMA) to increase its capital by issuing new shares for shareholders of Adhwaa Al-Hedaya.
For more news and details on MAs
In March, Alkhaleej Training sealed an agreement with Adhwaa Al-Hedaya’s shareholders to acquire 1.6 million shares (an 80% stake) in the latter, by issuing new shares to Adhwaa Al-Hedaya’s shareholders, Argaam’s data showed.
Alkhaleej Training will issue 22.65 million new ordinary shares, at a nominal value of SAR 10 each.
Logo ofAlkhaleej Training and Education Co.
Alkhaleej Training and Education Co. agreed with the selling shareholder of 80% stake in Adwaa Al-Hedaya Private Schools for Boys and Girls to extend the agreement from Dec. 31, 2024 to March 31, 2025, the company said in a statement to Tadawul.
According to data compiled by Argaam, Alkhaleej Training announced last September submitting a request to the Capital Market Authority (CMA) to increase its capital by issuing new shares for shareholders of Adhwaa Al-Hedaya.
For more news and details on MAs
In March, Alkhaleej Training sealed an agreement with Adhwaa Al-Hedaya’s shareholders to acquire 1.6 million shares (an 80% stake) in the latter, by issuing new shares to Adhwaa Al-Hedaya’s shareholders, Argaam’s data showed.
Alkhaleej Training will issue 22.65 million new ordinary shares, at a nominal value of SAR 10 each.
