PETALING JAYA: Perak Corp Bhd’s (PCB) unit is expected to write off RM15.74mil, following the termination of its licence agreement with United States animation studio DreamWorks Animation LLC.
In its filings with Bursa Malaysia, PCB said its 51%-owned subsidiary – Animation Theme Park Sdn Bhd (ATP) – had officially discontinued the licence agreement dated Jan 1 for the establishment and operation of DreamWorks’ attractions within the Movie Animation Park Studios (MAPS) theme park in Ipoh, Perak.
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