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I think this big cooperation are just trying to get free publicity by spreading out false bogus information for their own agenda. The University of Malaya real estate not transferable to any individual or cooperation ever unless some big shot politician or government lost their mind permanently. Previous attempt by big cooperation to take over some historical real estate such as stadium merdeka and penjara pudu was failed due to the unfavorables support and the too significant historical value.
I believe that every country must have a law that forbidden any history significantly real estate to be taken over or proposed to taken over. Such an act should be punished jail term or banning and revoke the cooperation licenses and the asset will be taken over by the government.
Link:
mStar Online: Alumni bantah UM pindah ke Sepang
Utusan Malaysia Online:
Jangan pindah UM Lembaga Pengarah universiti bantah cadangan alih kampus ke Sepang
Pindah UM tindakan gila, kurang ajar
TheStar: Alumni reject UM relocation