SMRT CEO reveals what he sees in ailing college group

MEGB has campuses in Kota Kinabalu, Kuching, Kota Baru, Johor Baru, Ipoh, Petaling Jaya and Kuala Lumpur.

WHEN education provider SMRT Holdings Bhd CEO Datuk R. Palan was asked why he bought into Masterskill Education Group Bhd (MEGB), he laughed and said everybody was asking him the same question.

“Well I saw an opportunity. If this was a profitable and roaring business, I doubt we would be able to acquire it at 60 sen per share.