FOR Masterskill Education Group Bhd’s founder Datuk Seri Edmund Santhara, who spent most of his early years growing up in the estates, it was a big deal when he secured a seat in a local university many years ago. But this he could not have envisaged until it finally happened – owning one.
Masterskill, the country’s largest operator of non-government nursing colleges, made its debut on Bursa Malaysia last month, making its mark as the country’s largest initial public offering so far this year. The growth path of this health science college over the past three years has been phenomenal; revenue has more than doubled from RM126.5mil in FY2007 to RM273.4mil in FY09. FY08 in particular, was a pretty outstanding year for Masterskill as revenue surged 60% from the year before.
