Protasco falls on disposal of education unit

PETALING JAYA: Shares of Protasco Bhd fell 2.78% to 35 sen, after the company announced it was disposing of its university unit Ikram Education for RM30mil.

Protasco announced on July 21 that its wholly-owned subsidiary, Kumpulan Ikram Sdn Bhd, had entered into a share sale agreement with Star Teenagers International Sdn Bhd to dispose of 20 million shares in Ikram Education Sdn Bhd (IESB).