Business
Completion of Disposal
Completion of Disposal.
About this update from Malvern International Plc
[{"type":"text","content":"\n \nRNS Number : 0572Z Malvern International PLC 08 January 2020 \n\n \n \n \n \n8 January 2020\n \n \nMALVERN INTERNATIONAL PLC\n(\"Malvern\" or the \"Company\")\n \nCompletion of sale of Malaysian business \nFurther to the announcement on 23 December 2019, Malvern International plc (AIM: MLVN), the global learning and skills development partner, is pleased to announce that the sale of its Malaysian business to AAA Management Science Academy PLT for a total cash consideration of MYR 400,000 (approximately £75,000), payable over a 13 month period, has duly completed. \nSam Malafeh, CEO of Malvern, said: \"We are delighted to have completed this transaction, as we can now bring greater focus to growing our UK and Singapore operations.\"\n \n \n\n\n\nFor further information please contact:\n \n\n\n\n\n\n\n\nMalvern International Plc\n\n\nwww.malverninternational.com \n\n\n\n\nDr Sam Malafeh - Chief Executive Officer\n\n\nVia Communications Portfolio\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland (NOMAD & Broker)\n\n\nwww.whirelandcb.com \n\n\n\n\nMike Coe / Chris Savidge\n\n\n0207 220 1666\n\n\n\n\n\n\n\n\n\n\n\n\nMedia enquiries\n\n\n\n\n\n\n\nCommunications Portfolio \n\n\[email protected] \n\n\n\n\nAriane Comstive\n\n\n+44 7785 922 354\n\n\n\n\n\n\n\n\n \nNotes to Editors:\n \nMalvern International is a global learning and skills development partner preparing students and learners to meet the demands of a professional life. Courses are delivered on sites in London, Manchester, Singapore, and Malaysia, with the option of studying across multiple campuses over the duration of the same course, and online through the Malvern Online Academy.\n \nCourses include:\n· Higher Education: Diploma, University degree and post-graduate programs;\n· Pathway: pre-University programs;\n· Professional: Professional examinations preparation e.g. ACCA, and corporate training;\n· Junior: Tuition services for secondary school students; and \n· Language: English language teaching.\n \nEstablished in the 1980s and admitted to AIM in 2004, Malvern employs approximately 250 people and delivers a wide range of courses. Malvern's growth strategy is driven by or...