Khazanah Studies Bids for Time Engineering Stake, Edge Says

Feb. 11 (Bloomberg) -- Khazanah Nasional Bhd., Malaysia’s state investment company, is evaluating three bids for its 45 percent stake in Time Engineering Bhd., 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.

To contact the reporter on this story: Chan Tien Hin in Kuala Lumpur at thchan@bloomberg.net

To contact the editor responsible for this story: Chan Tien Hin at thchan@bloomberg.net