KUALA LUMPUR: HELP International Corp Bhd is tying up with Naza Education Sdn Bhd to set up and operate a college specialises in offering courses in automotive and transportation management.
HELP said on Friday, June 10 the focus would initially be in Malaysia and plans would be to expand to Asean countries.
'The establishment of this automotive college is part of HELP's diversification plans to offer technical and vocational training for the nation,' it said.
Both parties would share the responsibility of jointly establishing this joint venture in which each party would have a 50% equity shareholding.
They would then set up a special purpose vehicle company Symphony Haven Sdn Bhd with an initial issued and paid-up share capital of RM2.
They said the financing of the JV company would require the issued and paid-up share capital to be increased.
HELP said on Friday, June 10 the focus would initially be in Malaysia and plans would be to expand to Asean countries.
'The establishment of this automotive college is part of HELP's diversification plans to offer technical and vocational training for the nation,' it said.
Both parties would share the responsibility of jointly establishing this joint venture in which each party would have a 50% equity shareholding.
They would then set up a special purpose vehicle company Symphony Haven Sdn Bhd with an initial issued and paid-up share capital of RM2.
They said the financing of the JV company would require the issued and paid-up share capital to be increased.
No comments:
Post a Comment