Confusion surrounds Sapura's stake in TimedotCom

Some say the creditor got a 20% in TimedotCom, Time Engineering''s 100% unit. Sapura insists it has taken only 5%.
July 13, 2000

The future of Time Engineering (Time) is clear as mud. Local papers and news agencies reported on Wednesday that Sapura, an investment holding company, had snapped up the rights to buy 20% of TimedotCom û TimeÆs newly created unit that holds its most valuable assets. Not so, it seems.

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