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Contents 02 Corporate Highlights 14 Academic - Upgraded And Repositioned … FinanCial Contents 25 statement on Corporate Governance 56 Directors’ Report 108 Supplementary Information 03 Financial Highlights 16 University (aMU) Council of trustees 32 Audit Committee Report 60 Statements of Financial Position 109 Statement by Directors 04 Corporate Information 17 Academic Management team 35 statement on Risk Management And Internal Control 61 Statements of Profit or Loss and Other Comprehensive income 110 Independent Auditors’ Report 05 Corporate structure 18 Major events 37 Additional Compliance Information 62 statements of Changes in Equity 112 Notice of Annual General Meeting Masterskill Education Group Berhad 06 Chairman’s Message 22 Corporate Social Responsibility 38 List of Properties 64 Statements of Cash Flows Form of Proxy 10 Directors’ Profile 52 Analysis of Shareholdings 66 notes to The Financial statements
Masterskill Education Group Berhad / Annual Report 2012 02 CoRPoRate HiGHliGHts Masterskill Education Group Berhad (MEGB) is a leading operator in Allied Health and Non Allied Health in Malaysia, principally engaged in the provision of higher education and training in nursing, medical and allied health via its subsidiary company. MEGB encompasses two associate institutions, i.e. asia Metropolitan University (AMU) that officially attained university status in 2012 and Masterskill Global Colleges (MGC) that was registered with the Ministry of Higher Education in 2004. As the premier provider of holistic education in Allied Health and Non Allied Health in the country, MEGB aims to meet the human capital needs of the world. We prepare our students to function effectively in multifaceted roles in a variety of settings to promote the health and well-being of every individual and strive to build an inquisitive mind, motivate academic excellence as well as foster lifelong learning in all our students. AMU is strategically located throughout Malaysia operating three (3) campuses in Cheras and Petaling Jaya, Selangor as well as Seri Alam, Johor Bharu. The MGC campuses are located in Ipoh, Perak; Kota Bharu, Kelantan; Kuching, Sarawak and Kota Kinabalu, Sabah. The Group has an active student base of 8,643 students as at end of 2012. Total assets at RM519 million. Shareholders equity stood at RM422 million. To further increase shareholders value and return, the Group has expanded into the non-health science programmes beginning 2012 in offering programmes in relation to business. Beginning 2013 more programmes will be introduced in the areas of hospitality and tourism, information, communication and technology as well as engineering. On the international expansion, the Company will focus on the franchising method and recruitment of international student across Asia Pacific.
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