PETALING JAYA: Education outfit Masterskill Education Group Bhd (MEGB) has decided to abort the proposal to dispose of some of its assets as the indicative market value is considered higher than the sale consideration offered by the buyer.
In a move to become an asset-light company, MEGB executive chairman and single largest shareholder Siva Kumar Jeyapalan had offered to buy four properties for RM75mil which would be leased back to Masterskill (M) Sdn Bhd.
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