Thursday, April 14, 2011

Masterskill active, up in early trade

KUALA LUMPUR: Masterskill Education Group Bhd shares were actively traded on Thursday, April 14 after its group CEO and PT Sejahteraraya Anugrahjaya Tbk (PTSA) teamed up to look into the setting up of a university in Indonesia.

They will form a joint venture company in Indonesia with proposed paid-up capital of US$10 million wherein MEGB and its CEO will each hold a 30% stake and the remaining 60% by PTSA.

At 9.20am, Masterskill rose five sen to RM2.33 with 2.22 million shares done.

PTSA is listed on the Stock Exchange of Indonesia and is the owner of Mayapada Hospital in Indonesia.

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