BHB’s deal with university terminated

In a filing with Bursa Malaysia yesterday, BHB said the conditions precedent remained unfulfilled as at Aug 16, 2022, being the cut-off date for the agreement.

PETALING JAYA: Boustead Holdings Bhd’s (BHB) proposed agreement to dispose of a 66.41% controlling stake in University of Nottingham in Malaysia has lapsed.

In a filing with Bursa Malaysia yesterday, BHB said the conditions precedent remained unfulfilled as at Aug 16, 2022, being the cut-off date for the agreement.