SEG International COO buys 3.17m shares

KUALA LUMPUR: SEG INTERNATIONAL BHD []'s chief operating officer Hew Moi Lan acquired 3.17 million shares of the education-based group from Sept 29 to Oct 3.

A filing showed Hew, who is also an executive director, raised her shareholding in SEGi to 6.668 million shares or 1.28%. SEGi's share price closed at RM1.70 on those three days.

Prior to the recent acquisitions, her shareholding was 3.498 million shares or 0.67%.

Hew was appointed as the group chief operating officer on Feb 27, 2009. Prior to that, she was the vice president of operations and the principal of SEGi College Kuala Lumpur, one of the core subsidiary companies of the SEGi Group.

RHB Research Institute maintained its outlook on SEGi as an outperformer, due to its track record and resilience in riding out market uncertainties and its CAGR of 26.3%.

It had SEGi as a top pick with a fair value of RM2.15.

SEGi to spearhead development of early child care education under education NKEA

KUALA LUMPUR: SEG INTERNATIONAL BHD [] (SEGi) has been appointed by the government to lead the development of integrated early child care education (ECCE) in Malaysia under the education National Key Economic Area (NKEA).

With the appointment, SEGi will lead the initiative in training and developing high quality early childhood and childcare practitioners.

SEGi will also play a lead role in coordinating the establishment of teacher training centres that provide pre-service and in-service ECCE courses recognised by the Malaysian Qualifications Agency (MQA).

In a statement Wednesday, March 16, SEGi said the appointment was on the basis of its expertise and experience in the area of early childhood and childcare education, as well as its strong collaboration with international partners such as Montessori Centre International (MCI), United Kingdom, University of Southern Queensland, Australia and other industry stakeholders in the development and provision of ECCE.

It said a consortium of private ECCE education and training providers led by SEGi was being established to achieve the government's target.