KUALA LUMPUR: Boustead Holdings Bhd is selling its controlling stake in University of Nottingham in Malaysia (UNM), as the diversified group sheds non-strategic assets to focus on core businesses.
Boustead, in a statement today, said it has entered into a conditional share sales agreement with the University of Nottingham, United Kingdom to sell its 66.41% stake and a campus in Semenyih, Selangor for £23.5mil (RM137mil).
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
