PN17 KNM is expected to fall in the next 3 trading days, just before 30th October 2023, when High court would decide on the Restraining Order (“RO”) for KNM.

If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors would demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remains on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), before it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

Final episode: PN17 KNM is expected to fall everyday in the next 4 trading days, just before 30th October 2023, when High court would decide on the Restraining Order (“RO”) for KNM.

If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors would demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remains on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), before it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

In just 4 trading days, ie 30th October 2023, High court would decide on the Restraining Order (“RO”) for KNM.

If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remains on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

市场人士表示，最近爆发股东纠纷的科恩马集团（KNM,7164,主板能源组），正面对高等法庭将于2023年10月30日审理临时限制令(RO)的问题。
科恩马或将面对最糟糕的情况

他们表示，如果高庭延长限制令期限，债权人不能通过法院要求付款，直到稍后限制令解除为止。反之，如果高庭取消限制令，债权人可以通过法庭要求付款，而这可能导致科恩因此而破产，最终必须从马来西亚交易所退市。
根据资料显示，此前，高庭已将限制令延长3次。对于最后一次延期，理性旁观者认为法院是希望等待2023年10月16日举行的特别股东大会的结果后再对此事定夺。然而，由于在特大之后，挑战派股东无法闯关入主董事部，因此，有关限制令很可能会被解除。
市场人士表示，这样的情况与当年马来西亚海事商务公司（“MMM”）有一些类似，因此，他们目前担心MMM的情况，会在科恩马身上重次重演。无独有偶，当年在MMM担任要职的一些人士，如今也在科恩马担任重要职位。
当年，在MMM退市之前，股价跌至半仙，股东以半仙的价位排队卖出，但是仍然找不到有人接手。

In a week time, ie 30th October 2023, High court would decide on the Restraining Order (“RO”) for KNM.

If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remains on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

市场人士表示，最近爆发股东纠纷的科恩马集团（KNM,7164,主板能源组），正面对高等法庭将于2023年10月30日审理临时限制令(RO)的问题。
科恩马或将面对最糟糕的情况

他们表示，如果高庭延长限制令期限，债权人不能通过法院要求付款，直到稍后限制令解除为止。反之，如果高庭取消限制令，债权人可以通过法庭要求付款，而这可能导致科恩因此而破产，最终必须从马来西亚交易所退市。
根据资料显示，此前，高庭已将限制令延长3次。对于最后一次延期，理性旁观者认为法院是希望等待2023年10月16日举行的特别股东大会的结果后再对此事定夺。然而，由于在特大之后，挑战派股东无法闯关入主董事部，因此，有关限制令很可能会被解除。
市场人士表示，这样的情况与当年马来西亚海事商务公司（“MMM”）有一些类似，因此，他们目前担心MMM的情况，会在科恩马身上重次重演。无独有偶，当年在MMM担任要职的一些人士，如今也在科恩马担任重要职位。
当年，在MMM退市之前，股价跌至半仙，股东以半仙的价位排队卖出，但是仍然找不到有人接手。

On 30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
30th October 2023 – D-day for KNM
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

市场人士表示，最近爆发股东纠纷的科恩马集团（KNM,7164,主板能源组），正面对高等法庭将于2023年10月30日审理临时限制令(RO)的问题。
科恩马或将面对最糟糕的情况

他们表示，如果高庭延长限制令期限，债权人不能通过法院要求付款，直到稍后限制令解除为止。反之，如果高庭取消限制令，债权人可以通过法庭要求付款，而这可能导致科恩因此而破产，最终必须从马来西亚交易所退市。
根据资料显示，此前，高庭已将限制令延长3次。对于最后一次延期，理性旁观者认为法院是希望等待2023年10月16日举行的特别股东大会的结果后再对此事定夺。然而，由于在特大之后，挑战派股东无法闯关入主董事部，因此，有关限制令很可能会被解除。
市场人士表示，这样的情况与当年马来西亚海事商务公司（“MMM”）有一些类似，因此，他们目前担心MMM的情况，会在科恩马身上重次重演。无独有偶，当年在MMM担任要职的一些人士，如今也在科恩马担任重要职位。
当年，在MMM退市之前，股价跌至半仙，股东以半仙的价位排队卖出，但是仍然找不到有人接手。

On 30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
30th October 2023 – D-day for KNM
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

On 30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
30th October 2023 – D-day for KNM
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

Worst is to come: 30th October 2023 – D-day for KNM
30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

科恩马或将面对最糟糕的情况

市场人士表示，最近爆发股东纠纷的科恩马集团（KNM,7164,主板能源组），正面对高等法庭将于2023年10月30日审理临时限制令(RO)的问题。
他们表示，如果高庭延长限制令期限，债权人不能通过法院要求付款，直到稍后限制令解除为止。反之，如果高庭取消限制令，债权人可以通过法庭要求付款，而这可能导致科恩因此而破产，最终必须从马来西亚交易所退市。
根据资料显示，此前，高庭已将限制令延长3次。对于最后一次延期，理性旁观者认为法院是希望等待2023年10月16日举行的特别股东大会的结果后再对此事定夺。然而，由于在特大之后，挑战派股东无法闯关入主董事部，因此，有关限制令很可能会被解除。
市场人士表示，这样的情况与当年马来西亚海事商务公司（“MMM”）有一些类似，因此，他们目前担心MMM的情况，会在科恩马身上重次重演。无独有偶，当年在MMM担任要职的一些人士，如今也在科恩马担任重要职位。
当年，在MMM退市之前，股价跌至半仙，股东以半仙的价位排队卖出，但是仍然找不到有人接手。

Worst is to come: 30th October 2023 – D-day for KNM
30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

科恩马或将面对最糟糕的情况

市场人士表示，最近爆发股东纠纷的科恩马集团（KNM,7164,主板能源组），正面对高等法庭将于2023年10月30日审理临时限制令(RO)的问题。
他们表示，如果高庭延长限制令期限，债权人不能通过法院要求付款，直到稍后限制令解除为止。反之，如果高庭取消限制令，债权人可以通过法庭要求付款，而这可能导致科恩因此而破产，最终必须从马来西亚交易所退市。
根据资料显示，此前，高庭已将限制令延长3次。对于最后一次延期，理性旁观者认为法院是希望等待2023年10月16日举行的特别股东大会的结果后再对此事定夺。然而，由于在特大之后，挑战派股东无法闯关入主董事部，因此，有关限制令很可能会被解除。
市场人士表示，这样的情况与当年马来西亚海事商务公司（“MMM”）有一些类似，因此，他们目前担心MMM的情况，会在科恩马身上重次重演。无独有偶，当年在MMM担任要职的一些人士，如今也在科恩马担任重要职位。
当年，在MMM退市之前，股价跌至半仙，股东以半仙的价位排队卖出，但是仍然找不到有人接手。

Worst is to come: 30th October 2023 – D-day for KNM
30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.

Worst is to come: 30th October 2023 – D-day for KNM
30th October 2023, High court would decide to Restraining Order (“RO”) for KNM.
If RO is extended by High Court, creditors cannot demand payment via court until RO is lifted at later date.
If RO is lifted by High Court, creditors can demand payment via court and KNM may be bankrupt, then delisted from the exchange.
Earlier, the RO was extended 3 times by the High Court.
On the last extension, a reasonable bystander would think that the court wanted to wait for the outcome of the recent EGM on 16th October 2023 before making decision. However, since the old management remain on board, most likely the RO will be lifted.
The Tunku Yaacob's men were on the board of Malaysian Merchant Marine (“MMM”), when it was delisted.
History normally would repeat itself again?
Before MMM is delisted, the price of shares would drop to RM0.005, with sellers queueing at RM0.005 and no buyer queueing.