petition over RM40 mil dispute Izzul Ikram / theedgemarkets.com
"KUALA LUMPUR (Oct 27): A unit of KNM Group Bhd, which carries RM1.6 billion in total cost of investment, has been slapped with a winding-up petition from a vendor over the failure to pay a settlement sum of US$8.5 million (RM40.08 million).
In a filing on Thursday (Oct 27), the process equipment manufacturer said its wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS) had on Wednesday (Oct 26) been served a winding-up petition from United Arab Emirates-based IPL Middle East DMCC."
Still want to put all the blame on shorties, dear sardin81?
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ID007
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Posted by ID007 > 2022-10-18 12:40 | Report Abuse
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