KNM News

Former KNM Director Flavio Porro Joins AHB's Board

Former KNM Group Bhd (KL:KNM) executive director Flavio Porro has been appointed as an executive director on AHB Holdings Bhd’s (KL:AHB) board.

The Edge MarketsMay 23 12:01 ET

KNM Receives Nomination for New Directors Ahead of June 6 AGM

KNM Group Bhd (KL:KNM) has received a written notice from a solicitor proposing the appointment of new directors for its upcoming annual general meeting (AGM) scheduled for June 6, 2024.

The Edge MarketsMay 21 12:48 ET

KNM's External Auditor Issues Disclaimer of Opinion on Financial Statements

Cash-strapped KNM Group Bhd (KL:KNM) said its external auditor KPMG PLT had expressed a disclaimer of opinion on the group's audited financial statements for the 18-month period ended Dec 31, 2023, due to insufficient audit evidence.

The Edge MarketsMay 15 08:28 ET

Malaysia's MAA Group Buys 4.98% Stake in KNM Group

Malaysia's MAA Group (KLSE:MAA) said it has so far acquired a 4.98% stake in management services provider KNM Group (KLSE:KNM), according to a Friday Malaysian bourse filing. The stake comprising 201.

MT NewswiresMay 13 02:39 ET

MAA Raises Stake in KNM to 13.54%

MAA Group Bhd (KL:MAA) has acquired an additional 201.48 million shares, or a 4.98% stake, in troubled Practice Note 17 (PN17) company KNM Group Bhd (KL:KNM) for RM33.24 million, or an average price 16.5 sen per share.

The Edge MarketsMay 10 08:08 ET

MAA Loans RM13.5 Mil to KNM for Working Capital

MAA Group Bhd (KL:MAA), a substantial shareholder of KNM Group Bhd (KL:KNM), has extended a RM13.5 million loan to address the working capital requirements of the Practice Note 17 (PN17) company.

The Edge MarketsMay 9 10:54 ET

KNM Signs Agreement to Sell Italian Unit for 16.5 Mil Euros, of Which 11.5 Mil to Be Settled in Annual Instalments Over 10 Years

KNM Group Bhd has signed a share purchase agreement with two buyers to sell its wholly-owned unit FBM Hudson Italiana SpA, a heat exchanger and high-pressure equipment manufacturer. Under the agreement, both buyers, namely BM Carpenterie Oil & Gas Srl and Officine Piccoli SpA, will take over the 11.5 million euro loans that FBM Hudson owes to KNM as settlement for sale consideration.

The Edge MarketsMar 28 05:02 ET

KNM Group Exits Loss-Making Business in Italy for 16.5 Million Euros

KNM Group (KLSE:KNM) unit KNM Europa BV agreed to sell its entire stake in FBM Hudson Italiana for 16.5 million euros or 84.8 million ringgit, according to a Wednesday Malaysian bourse filing. The com

MT NewswiresMar 28 03:37 ET

KNM Refutes Alleged Police Raid Reports

KNM Group (KLSE:KNM) denied media reports that said its premises were raided by the police recently, according to a Friday filing. The Malaysian management services provider clarified that the authori

MT NewswiresDec 18, 2023 00:21 ET

MY Morning Wrap | Foreign Investors Returned to Bursa Malaysia Last Week, Says MIDF

Stocks to watch: PMB Tech, DXN

Moomoo News MYOct 16, 2023 20:49 ET

KNM Group Incurs Loss in Quarter Ended June

KNM Group (KLSE:KNM) incurred a loss attributable to owners of 19.3 million ringgit in the quarter ended June 30, according to an amended bourse disclosure on Friday. The Malaysian management services

MT NewswiresSep 25, 2023 01:44 ET

KNM Group Incurs Loss in June Quarter

KNM Group (KLSE:KNM) incurred a loss attributable to owners of 19.4 million ringgit in the quarter ended June 30, according to a Wednesday bourse disclosure. The Malaysian management services provider

MT NewswiresSep 1, 2023 01:15 ET

Sersol, TAS Offshore, Handal, MK Land, Magnum, Suria Capital, KNM Group

theedgemarkets.com highlighted four stocks with positive momentum and three stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday (Aug 10).

The Edge MarketsAug 10, 2023 02:39 ET