Malaysia’s HELP International jumps on $111m buyout offer

Malaysia’s HELP International jumps on $111m buyout offer

Kuala Lumpur - Shares of HELP International Corp Bhd jumped as much as 9.2 per cent after the Malaysian tertiary education provider received a 359.3 million ringgit ($111 million) buyout offer from private equity firm Southern Capital Partners.

The shares were trading at 2.50 ringgit at 0104 GMT, 1.18 per cent below the 2.53 ringgit per share offered by Southern Capital Partners, a Southeast Asia-focused private equity firm.

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