PETALING JAYA: Sasbadi Holdings Bhd’s wholly owned subsidiary Sasbadi Sdn Bhd (SSB) has entered into two publishing agreements with the Malaysian Examination Council (MPM).

Under the agreement, Sasbadi said it has been granted an exclusive licence by MPM to SSB for the publishing, printing, distributing, marketing and sales of the collection of past-year question papers for the Sijil Tinggi Persekolahan Malaysia (STPM) examination, and the collection of past-year question papers for the Malaysian University English Test (MUET), as well as reports on the STPM examination and MUET examination for the years of 2017, 2018 and 2019.

The publishing agreements are for a period of three years from Jan 1, 2017 to Dec 31, 2019, it said in a filing with the stock exchange. 

“The publishing agreements are expected to contribute positively to the earnings and net assets of the Sasbadi Holdings Group for the duration of the publishing agreements,” Sasbadi said.

MPM is a statutory body established under the Malaysian Examinations Council Act 1980 and operates under the aegis of the Education Ministry. MPM is the sole owner of the question papers for the STPM examination and MUET.