PETALING JAYA: As KNM Group Bhd teeters on the brink of delisting, the financially distressed engineering group has gained a crucial opening to push through the sale of its prized German asset. The ...
DKNM’s disposal allows KNM to slash its RM1 billion debt and raise RM100 million to revitalise its Malaysian operations. KNM Group Bhd’s shareholders have approved the €270 million (RM1.3 billion) ...
KNM Group Bhd had fallen under the PN17 classification in October 2022. KNM Group Bhd has rejected a request by major shareholder MAA Group Bhd to hold an extraordinary general meeting over the ...
PETALING JAYA: Bursa Malaysia has rejected KNM Group Bhd ’s proposed regularisation plan, which may see the Practice Note 17 (PN17) company delisted from the exchange next month. In a filing with ...
PETALING JAYA: KNM Group Bhd’s shareholders have approved the €270 million (RM1.3 billion) sale of its German subsidiary Deutsche KNM GmbH (DKNM), paving the way for the company to settle its huge ...