FSBM associate wins RM114mil contract from Education Ministry


  • Business
  • Thursday, 10 Jun 2004

FSBM Holdings Bhd associate Prestariang Technology Sdn Bhd has secured a RM114.25mil contract from the Education Ministry to train 100,000 teachers over 33 months. 

It said the 20% associate had, in turn, awarded a contract to FSBM for the provision of courseware and professional services to Prestariang for the training programme. 

FSBM subsidiary Asian Technology Resources Sdn Bhd holds a 20% stake in Prestariang. 

Under the contract, FSBM will provide all courseware, training resources and technical support to Prestariang for the project and will jointly implement the training programme with the associate firm. 

FSBM, which is involved in the distribution of computers, the solutions and services business, and the education business, will also be working with AIT Work Group Technology Sdn Bhd, a subsidiary of Patimas Computers Bhd, in the provision of software that delivers the teaching content. – AFX-Asia 

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