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.