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).
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