Khazanah Nasional Berhad's strategy of divesting non-core assets continues with a plan to sell a stake in Cenviro Sdn Bhd and UEM Edgenta Berhad (KLSE:EDGENTA), Taliworks Corporation Berhad (KLSE:TALIWRK) and Blue Planet Environmental Solutions Pte. Ltd. are among the potential contenders eyeing the waste management company, according to sources familiar with the matter. Queried by The Edge on the matter, Khazanah said, “We are in a closed process to potentially divest a stake to a party that meets our preferred partner criteria.

As the process is ongoing and non-disclosure agreements are in place, further disclosures will be made at the appropriate time”. Meanwhile, the potential contenders either were non-committal or denied knowledge of the matter when asked. We are unable to provide any comments, said UEM Edgenta in an emailed response to queries from The Edge.

Taliworks denied any knowledge of the matter, saying it is not in talks with Khazanah on acquiring a stake in Cenviro Sdn Bhd and is, as a matter of fact, not aware that Khazanah is divesting their stake in Cenviro . Blue Planet, in which OSK Ventures International Berhad (KLSE:OSKVI) has a strategic investment of an undisclosed amount, did not respond to questions from The Edge.