Perak Corp unit set to write off RM15.7mil


Excited fans of Dreamworks Animation studio characters braving the crowd to be the first to see and experience the Movie Animation Park Studios (MAPS) in Ipoh on June 26 2017, the first day of its soft opening. - Filepic

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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