[%hkzc%] seems to be selling their education arm to a HK-based company. 
As of now, details are very scarce. What price and how much earnest deposit was paid is not disclosed by the announcements. The Company's corporate structure is quite complicated, to put it nicely, with no easy way to dig out the details of the carrying value of IUKL in the company's books. 

However, picking through the statements we know that the education segment has a revenue of RM 25mil with operating loss of RM 8.4mil; with segmental assets of RM 53.7mil and liabilities of RM 48.4mil last year. 

What kind of price could they agree to sell this for? For now, I am unable to draw any figures. 

However, if we want to be prepared to analyze this corporate action and be quick when more details are released, then historical case studies should give some idea on the kind of premiums and valuations this disposal could have.

[%tiSo%] had done a disposal on their education arm back in 2019-2022 as well. 

Currently, Protasco is valued at roughly RM 130mil market cap, with net asset per share of roughly RM 0.6. I have not done any further reading on this action.

$KLSE-PRTASCO seems to be selling their education arm to a HK-based company. 
As of now, details are very scarce. What price and how much earnest deposit was paid is not disclosed by the announcements. The Company's corporate structure is quite complicated, to put it nicely, with no easy way to dig out the details of the carrying value of IUKL in the company's books. 

However, picking through the statements we know that the education segment has a revenue of RM 25mil with operating loss of RM 8.4mil; with segmental assets of RM 53.7mil and liabilities of RM 48.4mil last year. 

What kind of price could they agree to sell this for? For now, I am unable to draw any figures. 

However, if we want to be prepared to analyze this corporate action and be quick when more details are released, then historical case studies should give some idea on the kind of premiums and valuations this disposal could have.

$KLSE-PARAMON had done a disposal on their education arm back in 2019-2022 as well. 

Currently, Protasco is valued at roughly RM 130mil market cap, with net asset per share of roughly RM 0.6. I have not done any further reading on this action.

$PARAMON / 1724 (PARAMOUNT CORPORATION BERHAD)