SMRT, Creador to make RM112m offer for MEGB

KUALA LUMPUR: Education service provider SMRT Holdings Bhd and private equity firm Creador will be making a general offer for a 30.75% stake in Masterskill Education Group Bhd (MEGB) for around RM112mil in the next few days.

The subsidiaries of SMRT and Creador respective subsidiaries entered into a share sale agreement to acquire the stake from MEGB major shareholder and executive director Siva Kimar M. Jeyapalan for 60 sen each.