University of Nottingham Malaysia owners weigh a sale


Nottingham University of Malaysia has an 125-acre campus in Semenyih, which is about 30km from Kuala Lumpur. - UNIVERSITY OF NOTTINGHAM MALAYSIA/FACEBOOK

KUALA LUMPUR (Bloomberg): University of Nottingham Malaysia Sdn's owners are weighing a sale that could value the education provider at about RM500 million (US$122 million), according to people with knowledge of the matter.

Boustead Holdings, a Malaysian conglomerate with interests in finance, plantations and properties, is working with an adviser on the planned sale of its majority stake in the offshore campus of the British university, the people said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Aseanplus News

Over two years’ jail for man who assaulted Malaysian actor with baton at Singapore Expo event
Chinese student in Boston gets nine months in prison for threatening pro-democracy schoolmate
Casino licence for Forest City a 'lie', says Anwar
The dominance of the EPL brand with football fans in South-East Asia - and it will continue to soar say legends from Man Utd and Liverpool
Oil steady as market weighs US demand concerns, Middle East conflict risks
Dr M among those under MACC probe for asset declaration, says Azam Baki
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up
Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Thai police hunting down two Japanese suspects in Bangkok murder-dismemberment case
Scorned lover reveals Aliff Aziz’s text messages: badmouthing wife Bella, merely acting at divorce hearing

Others Also Read