It sold the college for RM145mil with an agreement to lease back the property for 15 years.
SEGi is the owner of SEGi College Malaysia, which itself is a consolidation of the Systematic and Prime education groups.
Sunday, April 6, 2008
SEGi sharply reduces bank debts
PETALING JAYA: SEG International Bhd (SEGi), which sold its flagship campus in Kota Damansara to AmanahRaya Real Estate Investment Trust last year, has reduced its bank borrowings to 20% of equity from 100% previously.
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