KUALA LUMPUR (Jan 23): Asiamet Education Group Bhd said it has obtained valuation reports for all six assets it has put up for sale, including its main campus in Cheras, Selangor. 

Asiamet is also “still considering various options available to the company,” it said in a filing to Bursa Malaysia today, clarifying an article by The Edge weekly  in its Jan 22-28 edition. 

The weekly reported that the group is selling all six of its assets in Selangor, Perak, Sabah and Kelantan as part of Asiamet’s asset-light policy, which could fetch as much RM135 million. 

Quoting Tan Sri Dr R Palan, founder and chairman of Asiamet’s biggest shareholder SMRT Holdings Bhd, the weekly said Asiamet may also consider leasing out the properties, if it is not able to get a favourable deal for the sale.

“Asiamet wishes to clarify that it is pursuing an asset-light policy and in the process of that, has obtained valuation reports in respect of the properties,” the group said today. 

“Asiamet wishes to also clarify that the indicative prices of the properties as stated in the article differs from the valuations as conducted by the company’s appointed valuers,” the filing added, while not disclosing the valuation numbers.

Shares of Asiamet slipped half a sen or 2.08% to 23.5 sen today, giving it a market capitalisation of RM278.98 million.