Country Heights cancels plan to sell education service subsidiary


New high for Dagang NeXchange Bhd

KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) has terminated the deal to sell its 70% equity interest and all cumulative redeemable preference shares in education services provider Country Heights Education Sdn Bhd (CHESB) to SMRT Holdings Bhd’s unit CUCMS Education Sdn Bhd for RM105,001.

In a filing with Bursa Malaysia, CHHB said CHESB would remain as a 70% owned subsidiary of CHHB.

CUCMS Education operates and manages Cyberjaya University College of Medical Sciences.

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