MegaMD Co., Ltd. cancelled the acquisition of Chungang Distance Lifelong Education Center from Yumil Education Co., Ltd.
January 28, 2017
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megaMD Co., Ltd. (KOSDAQ:A133750) signed a contract to acquire Chungang Distance Lifelong Education Center from Yumil Education Co., Ltd. for KRW 2 billion in cash on January 28, 2016.
megaMD Co., Ltd. (KOSDAQ:A133750) cancelled the acquisition of Chungang Distance Lifelong Education Center from Yumil Education Co., Ltd. on January 28, 2017.
MegaMD Co., Ltd. is a Korea-based company mainly engaged in the provision of educational services. The Company offers a range of educational programs, services and products including test preparation courses for medical education eligibility tests (MEETs), test preparation courses for dental education eligibility tests (DEETs), test preparation courses for pharmacy education eligibility tests (PEETs), test preparation courses for legal education eligibility tests (LEETs) and online education. The Company also wholesales teaching materials about above courses.