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Acquisition of the entire issued and paid-up share capital of CUCMS Education Sdn Bhd (“CESB”), comprising 20,000,000 ordinary shares in CESB from SMRT Holdings Berhad and its wholly-owned subsidiary, SMR Education Sdn Bhd for an aggregate purchase consideration of RM166 million which was satisfied via the issuance of 830,000,000 new AEGB shares at an issue price of RM0.20 per AEGB share (“Acquisition”)

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