Drive电报群（www.tel8.vip）: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.新2手机管理端网址（www.hg108.vip）实时更新发布最新最快最有效的新2手机管理端网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。
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.,
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“BHB and the purchaser have mutually accepted and agreed that the share sale agreement (SSA) shall be deemed to have lapsed and be of no effect in accordance with Clause 2.6 of the SSA and the SSA is accordingly terminated.
”In August last year, BHB announced it would dispose of its controlling stake in UNM and a campus in Semenyih, Selangor for £23.5mil (RM126mil), exiting from its venture in the educational institution.