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CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $230 Million

CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $23...

articleGlobal Education Communities CorpSeptember 7, 20165/company/global-education-communities-corp/news/cibt-signs-memorandum-of-understanding-to-build-gec-education-mega-center-for-dollar230-million
CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $230 Million

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[{"type":"text","content":"CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $230 Million \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t CIBT Signs Memorandum of Understanding to build GEC Education Mega Center for $230 Million\n Vancouver, British Columbia (FSCwire) - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding with the WestStone Group, a leading real estate development company in Western Canada, to construct the GEC Education Mega Center in Surrey, B.C. The project is expected to cost approximately $230 million.  The parties plan on finalizing the formal Purchase and Sale Agreement on or before October 31, 2016 while preparations for the development application are underway. \n\n \n\n“WestStone has been actively involved in the build-out of Surrey City Centre for well over a decade now”, stated Brian Regehr, ...

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