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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , tanjung , oil and gas , education , stocks , shares , Tan ,

   

Next In Business News

FBM KLCI stays firm, but profit-taking pressures mount
Trading ideas: Sime Plantation, Sapura Energy, Power Root, OCK, Pekat, Yinson, Mobilia, Siab, Ireka
Loan growth of 7% for CIMB
Awantec to bank on synergistic offerings
Dayang on course for strong performance this year
KLK takes swift action to address labour report
Semiconductor industry offers chance for growth
Tasco’s diversity provides strong growth prospects
FBM KLCI’s bullish momentum
OCK in Laos tower leasing agreement

Others Also Read