<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 2) : GUH Holdings Bhd and fellow shareholders of Straits International Education Group Sdn Bhd (SIEG) are disposing of their stakes in the education group to Tenby Educare Sdn Bhd for RM52.5 million.</p></div>

<div class=newsTextDataWrapInner><p>SIEG owns and operates international schools in Rawang and Penang.</p></div>

<div class=newsTextDataWrapInner><p>GUH, which owns 25% of SIEG, said the sale of the stake will enable the group to de-consolidate a non-core business entity and focus its resources into other core businesses.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Upon completion of the disposal, SIEG will cease to be the indirect associate of GUH,” it said in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>SIEG recorded a loss before tax of RM2.46 million as at Dec 31, 2020.</p></div>

<div class=newsTextDataWrapInner><p>GUH’s share rose 2 sen or 4.71% to 44.5 sen today, valuing the group at RM119.49 million.</p></div>


GUH Holdings Bhd and fellow shareholders of Straits International Education Group Sdn Bhd (SIEG) are disposing of their stakes in the education group to Tenby Educare Sdn Bhd for RM52.5 million.

SIEG owns and operates international schools in Rawang and Penang

GUH sells stake in Straits International Education Group to Tenby Educare

KUALA LUMPUR (May 20): Phillip Capital has maintained its “buy” rating on Kerjaya Prospek Group Bhd at RM1.80 with a higher target price (TP) of RM2 (from RM1.93) and said it expects Kerjaya’s 1Q2024 net profit to come in stronger year-on-year, but flat quarter-on-quarter.

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<p>The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s increasingly cutthroat auto market.</p>


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<p>KUALA LUMPUR (May 20): Phillip Capital has maintained its “buy” rating on Kerjaya Prospek Group Bhd at RM1.80 with a higher target price (TP) of RM2 (from RM1.93) and said it expects Kerjaya’s 1Q2024 net profit to come in stronger year-on-year, but flat quarter-on-quarter.</p>

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<p>Forget the ordinary mall experience. Central i-City, the crown jewel of i-City in Shah Alam, Selangor, transcends the typical shopping destination. Since its grand opening in 2019, the sprawling 1.5 million square foot space has established itself as a premier retail haven. It boasts a vibrant mix of tenants, an experience-oriented approach, and a commitment to growth that aligns with the global vision of its parent company, Central Pattana.</p>
