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Ekuinas buys 90pc stake in Cosmopoint

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Ekuinas buys 90pc stake in Cosmopoint

Post by hlk Mon 02 Apr 2012, 20:00

Ekuiti Nasional Bhd (Ekuinas) has completed an acquisition of a 90 per cent stake in Bumiputera-owned Cosmopoint Sdn Bhd for a total investment of RM246 million.

Cosmopoint Group currently owns and operates KL Metropolitan University College (KLMUC) and Cosmopoint International College of Technology (CICT), a fast growing education group within the Malaysian private education sector with more than 11,000 students across seven faculties. - Bernama

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