The extension allows Al Masar Al Shamil to complete due diligence and negotiate final binding agreements
Almasar Alshamel Education Co. said it extended a memorandum of understanding (MoU) signed with Al Qalam Educational Trading Co. to assess the potential acquisition of a 60% stake of its capital for two months, from Oct. 1, 2026, to Nov. 30, 2026. 
In a statement to Tadawul, the company said there were no changes to the MoU terms, adding that the extension is intended to complete the due diligence procedures and negotiate the final binding agreements.
Almasar Alshamil said it signed in June a non-binding MoU with the partners of Al Qalam Educational Trading Co., an LLC, to assess the potential acquisition of a 60% stake of its capital, data compiled by Argaam showed.
The extension allows Al Masar Al Shamil to complete due diligence and negotiate final binding agreements
Almasar Alshamel Education Co. said it extended a memorandum of understanding (MoU) signed with Al Qalam Educational Trading Co. to assess the potential acquisition of a 60% stake of its capital for two months, from Oct. 1, 2026, to Nov. 30, 2026.
In a statement to Tadawul, the company said there were no changes to the MoU terms, adding that the extension is intended to complete the due diligence procedures and negotiate the final binding agreements.
Almasar Alshamil said it signed in June a non-binding MoU with the partners of Al Qalam Educational Trading Co., an LLC, to assess the potential acquisition of a 60% stake of its capital, data compiled by Argaam showed.
