BCorp to divest entire 71.73% stake in Berjaya Higher Education

Berjaya Corp Bhd chief executive officer Jalil Rasheed

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has proposed to dispose of its entire 71.73% stake in Berjaya Higher Education Sdn Bhd which owns Berjaya University College (BUC).

BCorp, in a statement said, its wholly-owned subsidiary Berjaya Group Bhd (BGroup) had signed a share sale and purchase agreement with Nanyang International Education Group Sdn Bhd (Nanyang) for the proposed disposal.