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Borsig sale to provide lifeline for KNM

AFTER much deliberation by KNM Group Bhd about how it would seek to get back on track, especially in fixing its mounting debt, a decision has been made to flog off its prized asset. ....

Borsig Group , Group Bhd , Germany Based Borsig Group , Bursa Malaysia , Practice Note , Corporate News , Cash Strapped , Borsig Gmbh ,

KNM to dispose of Borsig in RM1.03bil deal

KUALA LUMPUR: KNM Group Bhd's subsidiary Deutsche KNM GmbH (DKNM) has entered into an agreement with GPR Siebzigste Verwaltungsgesellschaft mbH (GSV) for the proposed disposal of 100% equity interest in Borsig GmbH for a consideration of EUR220.8mil (RM1.03bil). ....

Kuala Lumpur , Siebzigste Verwaltungsgesellschaft , Borsig Gmb , Group Bhd , While Borsig Group , Borsig Gmbh , Borsig Group , Corporate News ,

KNM plans corporate exercises to raise funds to enhance financial position, boost growth

KUALA LUMPUR: KNM Group Bhd and its subsidiaries have proposed to undertake five corporate exercises to raise funds to enhance their financial position and accelerate the group’s future growth. ....

Kuala Lumpur , United Kingdom , Group Bhd , Restructuring Committee , Bursa Malaysia , Initial Public Offering , Thai Bonds , Board Members , Main Market Listing Requirements , Bursa Malaysia Securities , Corporate News , Fund Injection , Covid 19 , Corporate Exercise ,

KNM slips into red with net loss of RM32.51mil in Q3

KUALA LUMPUR: KNM Group Bhd pulled into the red as it posted a net loss of RM32.51mil for the third quarter of its financial year ending Dec 31, 2021, on the back of revenue of RM326.38mil. ....

Kuala Lumpur , Group Bhd , Corporate News ,

KNM signs RM20.7mil vessel supply contract

KUALA LUMPUR: KNM Group Bhd's wholly owned subsidiary KNM Process Systems Sdn Bhd has signed a RM20.7mil contract with Keppel Shipyard Ltd for the supply of a pressure vessel. ....

Kuala Lumpur , Sdn Bhd , Group Bhd , Systems Sdn Bhd , Keppel Ship , Bursa Malaysia , Corporate News ,