Signing of an agreement between the Al-Motaqadimah Schools Company and Advert One to prepare for the IPO

30 June, 2021 11:08 AM

Al-Motaqadimah Schools Company signed an agreement with Advert One, a subsidiary of Al-Shawaf International Company, to prepare for the IPO. The agreement was signed by a representative of the Al-Motaqadimah Company, Fahid Abdullah Al-Jaafari, Head of the Administrative Sector, and Advert One Fahad Al-Waked, Officer of Investor Relations and Public Relations, in the presence of Tarek Al-Saleh, Director of Customer Relations and Strategies, Advert One, and a number of leaders of the Al-Motaqadimah Schools Company. The Al-Motaqadimah Schools have 24 schools in the Kingdom of Saudi Arabia that are specifically designed for teaching in accordance with the instructions of the relevant authorities. These schools serve more than 25 thousand students through more than 5000 employees, whether teachers or administrators. Dr. Abdul Rahman Al-Haqbani, chairman's of the company, said: "We look forward to achieving the vision of the company by continuously developing and improving the educational environment, as is our custom with Al-Motaqadimah schools, with the aim of creating a high-quality educational culture for students. This proposal will give us various new opportunities and options in the market to expand and develop our work, which will serve the interests of our male and female students and our sons."