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
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
