Announcements

Date : 04 May 2017

OTHERS Acquisition of a new subsidiary Ikram Infra Venture Sdn. Bhd.

PROTASCO BERHAD

Type Announcement
Subject OTHERS
Description
Acquisition of  a  new  subsidiary  Ikram Infra Venture Sdn. Bhd.

Protasco Berhad ("the Company" or "PB") wishes to inform that its wholly-owned subsidiary, Ikram Education Sdn. Bhd., had acquired 2 subscribers’ shares in a shelf company known as Ikram Infra Venture Sdn. Bhd. (“IIVSB”) for cash at par, representing 100% paid up share capital of IIVSB.

IIVSB is intended to carry out education related business.

The said acquisition would not have any material effect on PB Group's earnings and net assets for the financial year ending 31 December 2017.

None of the directors and major shareholders of the Company and persons connected to the directors and major shareholders of the Company has any interest, either direct or indirect, in the above acquisition.






Announcement Info

Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 04 May 2017
Category General Announcement for PLC
Reference Number GA1-04052017-00049



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