Khazanah Nasional Bhd. (KNBZ), Malaysia’s state investment company, is evaluating three bids for its 45 percent stake in Time Engineering Bhd. (TIM), the Edge newspaper reported, citing a person it didn’t identify.
Zamcorp Bhd., MM Tech Corp. and a company linked to businessman Syed Mokhtar Al-Bukhary are the three bidders, the weekly newspaper said.
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