Eduspec jumps 14.29% on tie-up with KidZania owner fo STEM initiatives

TheEdge Thu, Sep 20, 2018 09:32am - 5 years View Original


KUALA LUMPUR (Sept 20): Eduspec Holdings Bhd jumped 14.29% this morning after it teamed up with KidZania owner and operator Rakan Riang Sdn Bhd to provide Science, Technology, Engineering and Mathematics (STEM) related initiatives.

At 9.10am, Eduspec rose 0.5 sen to 4 sen with 220,100 shares traded.

Eduspec said the parties signed a Memorandum of Understanding (MoU) yesterday to set the framework in exploring opportunities to create a strategic business partnership.

Under the MoU, the parties agreed to enter negotiations to set up an Eduspec-branded establishment in KidZania Kuala Lumpur, as well an Eduspec-branded attraction at Level 4 of the The Curve Mall.

 

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