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Ataa Educational Co. — Regulatory Filings 2021
Jan 17, 2021
53431_rns_2021-01-17_ec9931bf-cc64-4531-a252-68fe09cf8172.html
Regulatory Filings
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Ataa Educational Company announces the company's management decision on January 14, 2021 AD, to provide special discounts on tuition fees for the second semester of the current academic year 1442 AH
4292 · 17/01/2021 08:02:44 · Announcement #61669 · View on Saudi Exchange
Ataa Educational Company announces the company's management decision on January 14, 2021 AD, to provide special discounts on tuition fees for the second semester of the current academic year 1442 AH
| Element List | Explanation |
|---|---|
| Announcement Detail | Ataa Educational Company announces to the shareholders, the company's management decision on 01 Jumad al-Akhira 1442 AH corresponding to January 14, 2021 AD, to grant special discounts on tuition fees for the second semester of the academic year (1442 AH) corresponding to (2020/2021 AD), The company’s decision coincides with the Ministry of Education’s decision to approve distance education for the beginning of the second semester, and the company’s appreciation for its partners, (parents and their children). |
Note that the discounts are gradual and reach 60% of the semester fees the second of the academic year referred to above in some Academic grades and educational complexes According to specific controls.
The company confirms the complete readiness to provide all educational and educational services with high-quality standards, starting from the first day of the second semester in all the company's schools, and with follow-up and supervision by the technical and administrative staff through the company's virtual educational platform.
The company also clarifies that the expected financial impact resulting from this decision for the company during the fiscal year 2020/2021 AD, cannot be determined currently due to its connection with the number of students in the academic stages during the second semester, the subject of the discounts decision.
"ATAA" will announce any essential developments regarding the above decision in due course.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.