Minda Global debuts on Bursa Malaysia

KUALA LUMPUR: Educational services provider Minda Global Bhd was listed on the Main Market of Bursa Malaysia Securities Bhd (Bursa Securities) today through the takeover of Asiamet Education Group Bhd's (AEGB) slot.
As at 11.14am, Minda stood at 20.5 sen with 418,700 shares traded.
The company took over the listed status of AEGB through a one-for-one share exchange arrangement with existing AEGB shareholders, which saw Minds’s entire issued share capital of RM247.98 million comprising 1.24 billion shares being admitted this morning to the official list of Bursa Securities in place of AEGB.
Minda Global currently owns Cyberjaya University College of Medical Sciences, Asia Metropolitan University that operates campuses in Kuala Lumpur and Johor Baru as well as Asia Metropolitan Colleges in Kuching, Kota Kinabalu and Kota Bharu. The group also has a presence in the international school sector through its ownership of Asia Metropolitan International School in Ipoh.