Masterskill tells Bursa Gayety buy is to fast-track presence in HK and China


PETALING JAYA: Masterskill Education Group Bhd (MEGB), which recently acquired Hong Kong-based restaurant operator Gayety Holdings Ltd, has clarified to Bursa Malaysia that the move was part of its aim to fast-track its presence into Hong Kong and China.

“MEGB has intentions to expand its education business in Hong Kong and China. MEGB is also constantly looking at various investment opportunities in Hong Kong and China which will enhance returns to its shareholders,” it said in a reply to a query from Bursa Malaysia yesterday.

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Business , Masterskill , Hong Kong

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