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Khazanah Studies Bids for Time Engineering Stake, Edge Says

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.

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