Total the lee family is holding 34 to 36%.... this is good because, something is happening. It's also bad because that idiotic director will try to take it private again if he secures the required percentage, then Rm3 shit all wont happen.
Changes in Director's Interest (201912243700039) Company Name KNM GROUP BHD Stock Code / Short Name 7164 / KNM Date & Time Announce 24/12/2019 01:03:59 PM Subject Changes in Director's Interest (Section 219 of CA 2016)
Content Substantial Shareholder's Particulars Name : LEE SWEE ENG Address : - NRIC/Passport No/Company No. : - Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : ORDINARY SHARES
Name & address of registered holder
Details Date of Change No of shares Price Transacted(RM) Transaction type 24/12/2019 5,000,000 0.000 Acquired
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Indirect Interest Direct (units) : 54,408,838 Direct (%) : 2.086%
Total no of shares after change : 0 Date of notice : 24/12/2019
Remarks The purchase of 5,000,000 ordinary shares represents 0.192% of the issued and paid-up share capital of 2,608,073,280 ordinary shares, which excludes a total of 23,341,275 ordinary shares held as treasury shares as at 24 December 2019. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Changes in Director's Interest (201912243700036) Company Name KNM GROUP BHD Stock Code / Short Name 7164 / KNM Date & Time Announce 24/12/2019 01:03:59 PM Subject Changes in Director's Interest (Section 219 of CA 2016)
Content Substantial Shareholder's Particulars Name : GAN SIEW LIAT Address : - NRIC/Passport No/Company No. : - Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : ORDINARY SHARES
Name & address of registered holder
Details Date of Change No of shares Price Transacted(RM) Transaction type 24/12/2019 5,000,000 0.000 Acquired
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Indirect Interest Direct (units) : 9,045,000 Direct (%) : 0.347%
Total no of shares after change : 0 Date of notice : 24/12/2019
Remarks The purchase of 5,000,000 ordinary shares represents 0.192% of the issued and paid-up share capital of 2,608,073,280 ordinary shares, which excludes a total of 23,341,275 ordinary shares held as treasury shares as at 24 December 2019. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Having gazed with lacklustre prices for some times, taking the company private may be better off for the business owner.
The ideal choice will be buying over the shares which have not already owned by the major shareholders, at the lower price. But the public would evaluate the price for surrendering their shares.
There were companies re-quoted/relisted their companies after some restructuring of the companies at the same Exchange while others relisted in another Exchange or in another country.
Should there is such a move to take KNM private, the public will be surely excited to be part of the corporate actions.
Sorry, if I am the KNM business owner, I will list it in another Exchange or even another country, even in Thailand, because most of the incomes came from overseas. Those bursa-bursa can understand.
Perhaps taking it private is necessary and could be the first step.
Same too you.It will be masterkevin 4-4 sardin end of this week.Next week , it is one horse race for sardin81. Come January 2020,masterkevin can kiss goodbye.
Merry Christmas everyone.Dont worry about KNM.Have faith in General Lee After KNM all cash cow Thailand Atenol & UK Peterborough complete. With Borsig , KNM will not be the same again.When KNM generate strong income from all the recurring income probably during that time General Lee can consider to listed one of the cash cow @ Thailand Atenol listed at Thailand stock exchange or Borsig listed at Singapore Stock exchange.Uk Peterborough at London stock exchange.I will hold tight my KNM shares & wait for the moment !
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share4u2020
11 posts
Posted by share4u2020 > 2019-12-24 00:01 |
Post removed.Why?