Tanjung Offshore ventures into education business


Tan: ‘Tanjung intends to capitalise on the influx of international students into the country.’

KUALA LUMPUR : Oil and gas services provider Tanjung Offshore Bhd is diversifying into the education sector after acquiring a 67% equity interest in Hills Education Group Sdn Bhd (HEG).

In a filing with Bursa Malaysia, Tanjung said that on Sept 15 it acquired 134,000 ordinary shares of RM1 each in HEG for a total cash consideration of RM167,500.

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