The Capital Market Authority approves the capital increase request

for Alkhaleej Training and Education Company through issuance of bonus shares

04/03/2014 08:59 AST

The CMA Board has issued its resolution approving Alkhaleej Training and Education Company's request to increase its capital from SAR (300,000,000) to SAR (350,000,000) through issuing one bonus share for every (6) existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (50,000,000) from the "Retained Earnings" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (30,000,000) shares to (35,000,000) shares, by an increase of (5,000,000) shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly, which will be determined later by the Company's board, and should be held within six months from the approval date. This approval is conditional on the Company satisfying the regulatory requirements of Companies Law and any other applicable laws.


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News

Itqan Capital inks deal with Al Khaleej Training & Education

18/11/2014

Itqan Capital has signed a memorandum of understanding (MoU) with Al Khaleej Training and Education Company for the purpose of setting the collaboration framework between the two organizations for th

Arab News

Alkhaleej Training and Education Co. announces obtaining a Contract

04/07/2013

Alkhaleej Training and Education Company announces the signing of Contracts for the sale order agreement with as following:

1.loan was signed on 17-06-2013

2.Loan amount of SAR 44

Tadawul

Al Khaleej Training announces the Consolidated financial results

19/02/2013

Alkhaleej Training and Education Company (Al Khaleej Training ) announces the Consolidated financial results for the Year ended in 31/12/2012 as follows:

1-Net profit for the year a

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