Bursa Announcements

Bursa Announcements

Date : 19 March 2025

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SHARE SALE AGREEMENT DATED 19 JULY 2024 ENTERED INTO BETWEEN KUMPULAN IKRAM SDN BHD, A WHOLLY OWNED SUBSIDIARY OF PROTASCO BERHAD, AND STAR TEENAGERS INTERNATIONAL SDN BHD IN RESPECT OF THE SHARES IN IKRAM EDUCATION SDN BHD AND THE SUPPLEMENTAL AGREEMENT THERETO DATED 9 JANUARY 2025

PROTASCO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SHARE SALE AGREEMENT DATED 19 JULY 2024 ENTERED INTO BETWEEN KUMPULAN IKRAM SDN BHD, A WHOLLY OWNED SUBSIDIARY OF PROTASCO BERHAD, AND STAR TEENAGERS INTERNATIONAL SDN BHD IN RESPECT OF THE SHARES IN IKRAM EDUCATION SDN BHD AND THE SUPPLEMENTAL AGREEMENT THERETO DATED 9 JANUARY 2025
Unless otherwise defined herein, all capitalised used herein shall have the same meaning as those used in Protasco’s announcements dated 21 July 2024 and 10 January 2025.

1.   INTRODUCTION

Reference is made to the announcements dated 2 May 2024, 21 July 2024 and 10 January 2025 in relation to the SSA and the SA.

2.   UNCONDITIONAL DATE

The Board wishes to announce that all the Conditions Precedent have been fulfilled on 19 March 2025. Pursuant to Clause 4.7 of the SSA read together with the SA, the SSA is now unconditional.





Announcement Info

Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 19 Mar 2025
Category General Announcement for PLC
Reference Number GA1-19032025-00045


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