|
The Board of Directors of HELP wishes to announce that the Company has acquired the entire issued and paid up share capital of Help M&E Sdn. Bhd. ("HELP M&E"), a company comprising 2 ordinary shares of RM1.00 each fully paid up for a total cash consideration of RM2.00 ("Acquisition").
The Acquisition is in line with the principal business activities of HELP and is expected to complement its existing business and enhance the Group's position in relation to educational activities.
The intended principal activities of HELP M&E are related to the following:-:
i. To provide pre-university courses/ services which include tuition classes, specialised education workshops and courses at Pre-school, Kindergarten, Primary, Secondary School levels; and
ii. Being involved in the distribution or agent for educational products and services.
None of the Directors of HELP or persons connected to them has any interest, direct or indirect, in the Acquisition. The Directors of HELP are not aware of any substantial shareholders of HELP or persons connected to them who has any interest, direct or indirect, in the Acquisition.
|
Printer-friendly version