Malvern International has sold its Malaysian operations.
The share price jumped 0.4p to 1.05p.
The education services provider will receive £75,000 for the loss-making provider of diploma and vocational courses. The cash will be paid over 13 months.
Malvern can focus on its UK and Singapore businesses.
© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.