Prestariang sells education unit to Serba Dinamik

Prestariang president and group CEO Dr Abu Hasan Ismail says the disposal is part of the company's rationalisation plans to improve cash flow and working capital

KUALA LUMPUR (Bernama) Prestariang Bhd is selling its boutique university which is owned and operated by its unit, Prestariang Education Sdn Bhd, to Serba Dinamik Group Bhd (SDGB) for RM2.5mil.

The disposal is part of Prestariang’s rationalisation plans to improve cash flow and working capital, while resetting the business to return to profitability.

Subscribe now for a chance to win your dream holiday!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Prestariang , Serba Dinamik


Next In Business News

Ringgit looking up with US interest rate reversal
China’s exports top forecasts but falling imports point to more stimulus
Ringgit surges: Economic reforms, potential us rate cut propel currency to be Asia's second best performer
US producer prices rise moderately in June
MRL confirms ECRL partnership plans with CCCC remain unchanged
Tafi Industries wins RM207.5mil contract for Setia Alam development
Minetech bags RM4.05mil contract for Banting Industrial City project
Redtone Digital acquires 7.12% stake in Theta Edge for RM13.93mil
Ringgit gains ground vs US dollar amidst improved sentiment
BNPL credit exposure stands at RM1.42bil in 1Q

Others Also Read