Good to hear the new CEO Mr. Tan Koon Ping has just acquired 500,000 KNM shares today! Wish he will acquire more KNM shares in near future! He should hold more shares than us to show his confidence and he would have more sense of belongings to the company... Haha...currently I am holding more KNM than him :D
Sardin is a gentleman, before MCO he already make a bet with someone in this forum. If KNM goes down he will dissapear from this forum until KNM back to 0.4 again. I believe he still holding strong on his share. and because of him I didn't sell my share 0n 2018 that will cause me to loss 60%, but I earned more than 500% since 2018 until now
investortrader88 maybe sardine sold all his shares.disappear since mco
i post this comment to lure Sardine to comment.no bad intention .He is still a great investor that i respect in this forum.I started buying Knm shares since march last year .One of the reason i didnt sell my shares because of Sardine.His vision & valuable sharing.Tks Sardine Hope you make a comeback tmrw to make this forum alive again.:):)
It was sardine super favourable comments on knm that made me hold on to my big churn of Knm shares. I wld have sold off these share @35-40 cts if not for his comments but now he disppeared. Very sad
1) KNM Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing and construction services for the renewable energy, power, utilities, refining and petrochemical industries
2) The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson
3) It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures and buildings sectors
4) It also provides support services such as repairs, modification, maintenance, assembly and spare parts supply
5) KNM operates its business through 3 geographical segments i.e. Asia, Oceania and Europe, through which it generates significant revenues, and America
6) On 7/7/2020, KNM Group Bhd's wholly-owned subsidiary, KNM Process Systems Sdn Bhd, is forming a 51-49 joint venture (JV) company with ADAP Capital Sdn Bhd to participate in oil, gas and petrochemical projects in Sarawak
7) ADAP Capital is a bumiputera-controlled company which was incorporated in Sarawak and is principally involved in asset portfolio management, as well as investment and private equity matters
8) The scope of the JV company includes engineering procurement and construction for oil, gas and petrochemical plants, manufacture and supply for the relevant equipment for the plants as well as build, own and operate strategic projects
9) As for salient terms of the JV, it was stated that KNM shall be responsible for the business development with clients and state government of Sarawak to secure projects, while ADAP Capital shall be responsible for the technical proposal for the projects
10) On 7/7/2020 also, KNM said its founder and chief executive officer (CEO), Mr Lee Swee Eng has announced his retirement, with the group's chief financial officer (CFO), Mr Tan Koon Ping succeeding him
11) Meanwhile, Mr Lee's spouse, Madam Gan Siew Lit will be redesignated as KMN's executive vice chairman from her role of executive director
12) Rumour has it that Dato' Dr Ir TS Mohd Abdul Karim Bin Abdullah and Datuk Awang Daud Awang Putera (both founders of Serba Dinamik Holdings Bhd) are in talks with the major shareholder of KNM with the intention to takeover KNM
the above not old news , happened in 2019 and one judgment by court given in May 2020 , pls tell me would this impact our next 6 month KNM shares price ....Pls clarify if anyone can...???
7164 KNM KNM GROUP BHD Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : EXERCISE OF EMPLOYEE SHARE OPTION SCHEME ("ESOS") No. of shares issued under this corporate proposal : 41,528,700 Issue price per share ($$) : 0.1100 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 2,686,249,455 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 1,175,855,947.740 Listing Date : 15/07/2020 Remarks: 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
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hotstuff
3,291 posts
Posted by Hotstuff > 2020-07-10 17:42 | Report Abuse
congrat group CEO acquired his first 500k units share in KNM