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.博彩平台大全（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台大全上最新博彩平台登录线路、博彩平台代理网址更新最快。博彩平台大全开放皇冠官方会员注册、皇冠官方代理开户等业务。
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.,
“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.