GREY:LGLTF - Post Discussion
Post by
Yun321 on Jan 26, 2017 4:28pm
what does it mean ?
CIBT Education to be managing agent of KGIC schools
2017-01-26 16:08 ET - News Release
Mr. Toby Chu reports
SPROTT SHAW COLLEGE APPOINTED AS MANAGING AGENT OF KGIC INC. SCHOOLS
CIBT Education Group Inc.'s wholly owned subsidiary, Sprott Shaw Degree College Corp., has been appointed by BDO Canada Ltd., court-appointed interim receiver of KGIC Inc., to act as its managing agent.
Acting as managing agent, Sprott Shaw will supervise and direct the management and operation of the business operated by KGIC Inc. and its subsidiaries, including the operation of all 18 KGIC Group schools in British Columbia and Ontario in compliance with the applicable education policies of those jurisdictions and with a view to ensuring the welfare of the approximately 2,000 students who attend those schools.
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