MAA buys international school

KUALA LUMPUR: MAA Group Bhd is expanding its education business with a RM27mil purchase of an international school.

The company, in a filing with Bursa Malaysia today, said its wholly owned subsidiary Edumaax Sdn Bhd has entered into a deal with Scholastic Ventures Sdn Bhd and PAC Edu KL Sdn Bhd to acquire a 90% stake in Scholastic IB International Sdn Bhd (SIB).

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