Yeah, you heard it right. Multimedia University (MMU) is up for sale, and it’s valued between RM800~900 million. The plan is to raise money for the high-speed broadband (HSBB) project which will cost TM RM1~1.5 billion per year.

Here’s an article from Business Times Online.

From the line While management remains optimistic on the disposal of staff loans, the group is struggling to find a buyer for the university,” the duo noted., it’s now confirmed that MMU is for sale!

I was alerted of this news while reading Amanz.

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