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NewsHelp International to sell Bridge2Think shares
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Help International to sell Bridge2Think shares
by hlk Wed 21 Dec 2011, 22:23
Help International Corp Bhd has entered into a share sale agreement with
Management Circle Group AG, Switzerland, to dispose of a 19.1 per cent
equity interest in Bridge2Think AG (B2T) for a cash consideration
approximately RM1.721 million.
B2T is a global learning solutions group with operations in
Australia, Germany and the United Kingdom with its headquarters in
Basel, Switzerland.
In a filing to Bursa Malaysia today, the company said the European
services sector was expected to be more competitive in the future and
the company felt the offer made by Management Circle Group AG was of
reasonable value.
HELP would realise a 23 per cent gain upon completion of the
disposal of B2T and would use the proceeds to focus more on investment
opportunities in the Asia region. -- Bernama
Management Circle Group AG, Switzerland, to dispose of a 19.1 per cent
equity interest in Bridge2Think AG (B2T) for a cash consideration
approximately RM1.721 million.
B2T is a global learning solutions group with operations in
Australia, Germany and the United Kingdom with its headquarters in
Basel, Switzerland.
In a filing to Bursa Malaysia today, the company said the European
services sector was expected to be more competitive in the future and
the company felt the offer made by Management Circle Group AG was of
reasonable value.
HELP would realise a 23 per cent gain upon completion of the
disposal of B2T and would use the proceeds to focus more on investment
opportunities in the Asia region. -- Bernama
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