Protasco Subsidiary Disposes Loss Making Ikram Education For RM30 Million
Protasco Subsidiary Disposes Loss Making Ikram Education For RM30 Million
Protasco Bhd's shares were suspended from trading until 10am today soon after the company announced the deal between wholly owned subsidiary Kumpulan Ikram Sdn Bhd (KISB) and Star Teenagers on July 19 to dispose 20 million of its entire ordinary shares in Ikram Education.
Protasco Bhd的股票因公司宣佈其全資子公司Kumpulan Ikram Sdn Bhd（KISB）與科創板公司Star Teenagers於7月19日協議出售Ikram Education整個普通股權至2000萬，被暫停交易至今日上午10點。
The disposal of 100% equity interest for a total cash consideration of RM30 million in Ikram Education Sdn Bhd by KISB was to Star Teenagers International Group Limited. The Purchaser has been changed from Star Teenagers International Group Limited to Star Teenagers International Sdn Bhd.
KISb以3000萬令吉現金對融智教育的100％股權進行處置，買方由科創板青少年國際集團有限公司更改爲科創板青少年國際有限公司。
KISB is principally engaged in investment holding, engineering and consultancy services, hotel operations and property management.
KISb主要從事投資控股、工程和諮詢服務、酒店經營和物業管理。
While, Star Teenagers is principally engaged in educational support services for provisions of non-instructional services, activities of holding companies and business management consultancy services.
而科創板青少年主要從事爲提供非教學服務的教育支持服務、控股公司活動和業務管理諮詢服務。
In a Bursa Malaysia filing today, Protasco said the proposed disposal is expected to result in a gain of about RM12.7 million.
Protasco在一份今日提交給馬交所的文件中表示，擬議中的處置預計將帶來約1270萬令吉的收益。
"The proposed disposal of Ikram Education provides an opportunity for the company to unlock and monetise its investment in Ikram Education taking into consideration that its operations are not considered an essential segment of Protasco," the company said.
該公司表示：“融智教育的擬議處置爲公司提供了機會，使其在考慮到其運營不被視爲Protasco的基本業務的情況下，解鎖和變現其在融智教育中的投資。”
Ikram Education was seen to incur net losses since 2021 and the proposed disposal, it is expected to improve the cash flows, earnings and net assets of the group.
融智教育自2021年以來一直虧損，擬議的處置有望改善集團的現金流、收益和淨資產。
The net proceeds from the proposed disposal will be utilised as working capital for the group.
擬議的處置所得淨額將用作集團的營運資金。
At midday, Protasco Bhd's share price fell -0.035 (9.72%) to 0.325 sen with a trading volume of 9,433,600.
午間時分，Protasco Bhd的股價下跌0.035（9.72％），爲0.325仙，成交量爲9,433,600。
譯文內容由第三人軟體翻譯。