New Straits Times Press (M) Berhad (NSTP) has entered a conditional sales and purchase agreement to dispose of its headquarters in Kuala Lumpur, its print plant in Shah Alam and a vacant plot of land.

If the deal with PNB Development Sdn Bhd goes through, it would generate RM280 million for NSTP, which is 98.17 percent owned by Media Prima Bhd...