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CIMB invests in REAL

PETALING JAYA: CIMB Private Equity (CIMB PE) has acquired a 33% stake in the REAL Education Group for a total consideration of RM33mil.

The investment was recently completed and carried out via CIMB PE’s CIMB National Equity Fund Ltd Partnership, an outsourced fund management programme that is focused on supporting Malaysian businesses, CIMB said in a statement.

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