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Bullboard - Stock Discussion Forum KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."

GREY:LGLTF - Post Discussion

KGIC Inc > CIBT Subsidiary Acquires Assets of KGIC Inc. (formerly Loyal
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Post by birdie22 on Mar 16, 2017 1:15pm

CIBT Subsidiary Acquires Assets of KGIC Inc. (formerly Loyal

It`s over , tax wriite  off in cash accounts.

CIBT Subsidiary Acquires Assets of KGIC Inc. (formerly Loyalist Group Ltd.)

 
07:00 EST Thursday, Mar 16, 2017
 

 

CIBT Subsidiary Acquires Assets of KGIC Inc. (formerly Loyalist Group Ltd.)





Vancouver, British Columbia (FSCwire) - CIBT Education Group Inc. (“CIBT”) (TSX: MBA, OTCQX International: MBAIF) reports that court approval has been received to the acquisition by CIBT's wholly owned subsidiary, CIBT Finance (2017) Corp. (“CIBT Finance”), to substantially acquire all of the operating assets of KGIC Inc., formerly named Loyalist Group Ltd.  This acquisition will mark a new chapter in CIBT's growth and expansion, adding to both the breadth and depth of programs currently offered through its education platforms while tripling the size of its student pipeline feeding students to the company's student housing properties, Global Education City Holdings Inc.

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