| Element List |
Explanation |
| Introduction |
Further to the announcement of Ataa Educational Company (the “Company”) on 05/01/1445 AH (corresponding to 23/07/2023 AD) that its subsidiary (Arab Group for Education and Training Holding Company) signed an agreement to purchase all shares in Al-Alson International Company . hereby announces to its shareholders the issuance of the General Authority for Competition’s decision on26/03/1445AH - 11/10/2023 AD not to object to the completion of the purchase transaction, so that the ownership of the Arab Group for Education and Training Holding Company becomes 100% for Al-Alson International Company. |
| Previous Announcement |
Ataa Educational Company announces the signing of its subsidiary company (Arab Group for Education and Training Company) an agreement to purchase all shares in Al-Alson International Company in the value of 38,316,000 |
| Date of Previous Announcement on Tadawul's Website |
2023-07-23 Corresponding to 1445-01-05 |
| Percentage of fulfilled achievement |
N/A |
| Event's Expected Completion Date |
N/A |
| Reasons for Exceeding the Announced End Date |
N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
N/A |
| Impact of the Delay on the Company's Financial Results |
N/A |
| Additional Information |
The financial impact of the deal will be visible on the financial results of the fiscal year ending on 31-07-2023 |
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