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Time Eng up on rumours of divestment

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Time Eng up on rumours of divestment Empty Time Eng up on rumours of divestment

Post by hlk Mon 07 May 2012, 11:24

KUALA LUMPUR: Time Engineering Bhd share price saw positive movement and emerged as one of the most active stock this morning
following rumours that the company was among several others to be divested by Khazanah Nasional Bhd.

At 10.09 am, the stock rose three sen to 36 sen.

Prime Minister Datuk Seri Najib Tun Razak announced last month that five companies under the stable of Khazanah and Permodalan Nasional Bhd would be disposed to enable their assets to be acquired by Bumiputera firms through open tender. - Bernama

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