Nosairis: SMRT Holdings seeks to exit education business, become a pure play IT solutions firm

ACE Market-listed education and human resource provider SMRT Holdings Bhd has proposed to acquire 1.8 million shares or the remaining 36% stake not already owned by the group in N'osairis Technology Solutions Sdn Bhd (NTS) from Permata Kirana Sdn Bhd for RM72 million cash. This is part of the group's strategy to streamline its operations and purely focus on its technology business, said SMRT.