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).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Protasco , Ikram , disposal

Next In Business News

OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed
How a few AI chip giants warped Asia's stock picking game
Bursa Malaysia falls at midday as regional sell-off weighs
Sirim appoints Nik Sazali Nik Hussin as president and group CEO

Others Also Read