Former KNM executive director Flavio Porro said the proposed board intends to establish a regularisation plan which aims to align the group’s restructuring plan with its long-term strategic goals to enable the company to leverage its competitive advantages.
KNM Group Bhd operates in the energy sector, providing innovative solutions and services to meet the growing demands of the industry.
KNM Group Bhd sues NGK Insulators for RM600 million over a failed sale of Deutsche KNM, impacting its restructuring and financial recovery efforts.
KNM Group Files RM600m Lawsuit Against Japanese Firm Over Botched Sale ...
KNM Group Bhd has received a court order for a creditors meeting, paving the way for a proposed recovery scheme amid significant financial challenges and restructuring efforts.
Company announcement: KNM: KNM Group Berhad faces de-listing from Bursa Malaysia on , after the rejection of its regularisation plan under Practice Note 17 due to financial difficulties.
Entry Into KNM 'not to Acquire Borsig for Cheap', Long-term Plan in the ...
KUALA LUMPUR (March 27): 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 ...
KNM Signs Agreement to Sell Italian Unit for 16.5 Mil Euros, of Which ...
Company announcement: KNM: KNM Group Berhad updates on financial defaults and proposed arrangements with creditors, including a significant asset disposal to settle debts.