Sasbadi unit’s licence renewed


  • Business
  • Tuesday, 01 May 2018

KUALA LUMPUR: Sasbadi Holdings Bhd’s unit MindTech Education Sdn Bhd has received the renewal of direct sales licence from the Domestic Trade, Co-operatives and Consumerism Minister.

The renewal of the licence under the Direct Sales and Anti-Pyramid Scheme Act 1993 is for a period of two years from April 26.

In a filing with Bursa Malaysia, Sasbadi said the renewed licence would facilitate MindTech business, which would contribute positively to the earnings and net assets of the group during the duration of the licence. — Bernama

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