Malaysia denies weighing into autos bid battle

Newswire

KUALA LUMPUR, Nov 19 (Reuters) - Malaysia's government denied on Friday it had named a preferred bidder in a politically intriguing battle for a stake in state-invested autos and banking firm DRB-Hicom Bhd . "If it comes to a point whereby we have no choice then the PM will have to make a decision. The decision has not been made yet," Deputy Finance Minister Ng Yen Yen told reporters, adding that the government hoped the protracted battle could be resolved without the need for its ...

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