Ministry reviews university holdings, UiTM team formed to safeguard Bumiputera institution’s future

The Ministry of Higher Education (MOHE) has begun reviewing and restructuring public university holding companies, including UiTM Holdings Sdn Bhd, as part of efforts to ensure these entities function more effectively and contribute to their respective institutions. This review, initiated last year, comes after the Malaysian government stopped fully funding universities' financial needs in 2017.

MOHE Minister Dr Zambry Abd Kadir stated that some holding companies are functioning well while others have incurred losses, and the business models of better-performing companies could serve as examples for others. A new team has been established to comprehensively review UiTM, including its holding company, with the aim of safeguarding this important Bumiputera higher education institution and ensuring no negative elements take root within it.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.