19.12.2012 - Khazanah to divest entire 45pct stake in Time Engineering
The government’s strategic investment fund Khazanah Nasional Bhd will divest its entire 45% stake in Time Engineering Bhd (TEB), a move that is part of Khazanah’s divestment plan to dispose its non-core assets, via a tender process to a qualified Bumiputera entrepreneur. The estimated value of the chunk, according to its latest market capitalisation, is RM101.6 million...............................................Full Article: Source
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