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Leader in Private Education to be Listed in Bursa Malaysia’s Main Board

by moneycompass
October 5, 2018
in News
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Minda Global Berhad, a leading, Malaysia-based company engaged in the provision of educational services was listed in the Main Board of the Bursa Malaysia Securities Berhad (Bursa Securities) on 19 February 2018. The company took over the listed status of Asiamet Education Group Berhad (AEGB) through a 1-for-1 share exchange arrangement with existing AEGB shareholders which saw MINDA’s whole issued share capital of RM247,981,158 comprising 1,239,905,790 shares being admitted this morning to the Official List of Bursa Securities in place of AEGB. The stock short name, stock code and ISIN code of Minda Global Berhad’s shares are “MINDA”, “5166” and “MYL5166OO003”.

At present, Minda Global owns Cyberjaya University College of Medical Sciences (CUCMS), a health science focuses university that was recently rated 5-Star (Excellent) by the Ministry of Higher Education through their SETARA ratings exercise, Asia Metropolitan University which operates campuses in Kuala Lumpur, Johor Bahru and Asia Metropolitan Colleges in Kuching, Kota Kinabalu and Kota Bahru. The Group also has a presence in the international school field through its ownership of Asia Metropolitan International School in Ipoh.

Minda Global has over 5,000 students comprising more than 35 nationalities. The Group’s international school is fully licensed by the Ministry of Education, Malaysia and offers primary and secondary education along the UK Cambridge Pathway curriculum while it’s higher education institutions on the other hand deliver diploma, degree and postgraduate programmes licensed by the Malaysian Qualifications Agency in the fields of medicine, pharmacy, psychology, nursing, occupational safety & health, allied health sciences and business administration.

The composition of the Board clearly tells that a re-energised business strategy and prudent financial management will be a main focus in the next 12-18 months as Minda Global seeks to achieve a high level of synergy between its various holdings.

With the accomplishment of Cyberjaya University College of Medical Sciences, a profitable and successful entity in 2017, Minda Global believes it has the right mix to successfully achieve its business objectives. Tan Sri Dr R Palan said, “With CUCMS, we have a 5-Star university with a very focused line-up of programmes where else Asia Metropolitan University and its related colleges offer the group with a wider geographical footprint and the ability to develop a broad-suite of programmes that are tailored to the needs of different local communities.”

Minda Global is expected to create new programmes within the Group to expand its study disciplines and enhance growth in student intake. CUCMS on the other side, plans to shift to a new purpose-built campus by mid-2018 which will double the university’s currently capacity while offering world class student experiences and improving Minda Global’s teaching and learning infrastructure.ноутбук маленькийпроблемы профориентации

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