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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Masterskill , Hong Kong

Next In Business News

Trading ideas: PMCK, Citaglobal, Kimlun, CBH Engineering, Hextar Global, Solarvest, PetGas, Jasa Kita
Jasa Kita plans to acquire 55% stake in SPPH
JPMorgan takes top spot in India
PMCK posts RM5.8mil profit in 2Q
Healthcare players earnings visibility intact
SBS Nexus eyes RM31mil from its IPO
Stratus Global eyes foreign expansion upon listing
Amova raises stake in AHAM Capital to 97.7%
CLMT’s Johor acquisitions offer ‘strategic merit’
CBH Engineering wins RM130mil data centre job

Others Also Read