Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BRIEF-Navitas says Curtin University Sydney campus to close

Published 17/09/2015, 09:14 am
© Reuters.  BRIEF-Navitas says Curtin University Sydney campus to close
NVT
-

Sept 17 (Reuters) - Navitas Ltd NVT.AX :

* Navitas and curtin refocus partnership - CUS to close NVT.AX

* It is intended that CUS will be wound down through 2016 with the final trimester being no later than the third trimester of 2016

* As such the majority of CUS students will not be affected by the gradual

closure of CUS

* Recruitment of new students to cus will cease in 2016

* Says re-focusing of their education partnership on their WA and Singapore operations.

* The agreement for curtin Singapore is due for renewal in March 2017 and curtin college in December 2016

* Negotiations for renewal of the agreements for both colleges have already commenced and are progressing positively

* Says given alignment of operations in Sydney it is not anticipated that the gradual closure of CUS will have a material earnings impact

* Says decision is also in-line with curtin university's vision for its future focus and global positioning

* Curtin university Sydney operation will be gradually closed down with classes ceasing by February 2017

* Source text for Eikon ID:nASXc4MDkX

*

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.