Creador, SMRT seek buyout of Malaysia’s Masterskill Education
Creador and SMRT Holdings have agreed to buy a 30.75% stake in Malaysia-based Masterskill Education Group from the major shareholder for MYR69.4 million ($19.2 million) and now plan on completing a full buyout of the business.
The Southeast Asia and India-focused GP will buy 29.2 million shares - or a 7.75% stake - in Masterskill from Siva Kumar for MYR0.60 apiece, according to a regulatory filing. SMRT, a Bursa Malaysia-listed...
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