Mengly J. Quach Education plc
Mengly J. Quach Education plc
05/16/2024 | Press release | Distributed by Public on 05/16/2024 02:37
[Disclosure] Assets to be Acquired (Unofficial Translation)
Disclosure Details:
| Assets to be Acquired | ||
| 2 - Asset Value | Acquiring | USD 2,495,000 |
| Total Assets at the End of the Latest Fiscal Year | USD 105,591,004 | |
| Ratio of Price to Total Assets (%) | 2.36% | |
| 3 - Description | On May 16, 2024, MJQE has signed on the Long Term Lease Agreement for the period of 25 years. | |
| 4 - Reason | The purpose of this Long Term Lease Agreement is to underpin our strategic growth strategy and expand our business operation, in alignment with our overarching business plan. | |
| 5 - Date | 2024-05-16 | |
| 6 - Shareholder Equity | ≥ 30 Billion KHR |