Koh Wee Meng owns 53.05% of TMC Education at close of offer

SINGAPORE (Jan 30): Koh Wee Meng, chief executive of Fragrance Group, now owns 53.05% of TMC Education at the close of his offer for the education provider.

The property tycoon can now proceed to undertake a review of TMC's business and identify areas in which the strategic direction and operations of the group can be enhanced.

At 5.30pm close on Tuesday, JK Global Assets, Koh's investment holding company, owns 88.8 million shares of the 167.4 million TMC Education shares on issue.

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