KNM GROUP BHD
KLSE (MYR): KNM (7164)
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Last Price
0.07
Today's Change
0.00 (0.00%)
Day's Change
0.07 - 0.07
Trading Volume
1,002,000
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72 people like this. Showing 50 of 59,011 comments
Yes, time is running out. But the deal is still on track. From what I know the buyer is still very interested but they have some internal compliance issues to iron out. And probably a bit of haggling on the price. Let's hope it won't derail the deal. Fingers crossed. I will keep our friends updated if I have any info. The management is keeping a tight lid on this deal for some reason. Hope they give shareholders a pleasant surprise instead of a nasty one when the time comes.
4 weeks ago
Woodswater
value of Borsig @ 2️⃣5️⃣0️⃣Ⓜ️ 💶 in orders to supply equipments for starlink's spaceX projects ⚠️
Betul ke?🤔
1 week ago
A lot of investors are getting worried and losing faith because management missed deadline for KPI selling off loss-making subsidiaries and listing Borsig in Singapore. It's understandable if we want to dump and jump ship before it's too late.
But regarding the deadline for this end of month, there is nothing to worry about. KNM will not be delisted for sure due to this deadline. Creditors for one, are not worried. They know the situation has not deteriorated, but actually improved. Outlook for near future is bright as the deal with new buyer will be confirmed pending final formalities. But no official announcements will be made till then due to ongoing efforts towards sealing the deal.
If you want to sell off due to various reasons, it's fine. But if it's because of October 31 deadline, that is not a worry.
1 week ago
The Board of Directors of KNM wishes to announce that M&A Securities Sdn Bhd has, vide its letter dated 22 October 2024, resigned as the Principal Adviser of the Company for the Company’s proposed regularisation plan effective on 22 October 2024, mainly due to capacity constraints.
（吉隆坡22日讯）科恩马集团（KNM,7164,主板能源组）宣布，负责公司重组计划的主要顾问合盈证券（M&A Securities）辞职，即日起生效。
科恩马集团发文告表示，合盈证券主要基于能力方面的限制而辞任。
该公司指出，将继续努力重组业务和营运，以在12个月内提交重组计划。同时也物色替代的主要顾问，为该公司提交的重组计划提供建议。
1 week ago
“regularisation plan within twelve months.”
Time is running out. 8 more days b4 delisted. Talking about 12 months lol
1 week ago
Bursa will have to extend the time as its M&A Securities Sdn Bhd, the advisor that fail to do the advisory jobs.
1 week ago
https://theedgemalaysia.com/node/730859
Listing in Bursa now is faster and easier than in SGX
1 week ago
They have identified a replacement for M&A and Bursa will extend for them on the new advisor. No worries. They won't dapao end of the month. The repercussions are too great with high percentage of open market investors.
1 week ago
KNM deserved a chance of a kind of Love....I am not sure i 'm worthy of.....Losing KNM is painful to me.....
There is no other way is to say
GOODBYE....
1 week ago
China is buying some rarest fuel that Malaysia has. It is call Methanol Gas. KNM ( BORSIG ) is producing these type of gas as well.
1 week ago
Nobody is dumping....very good. I bet it will be suspend by wednesday pending on announcement...
1 week ago
Submitted a further extension of time application only la. Belum approve, read carefully
6 days ago
What have current management team achieve so far? Borsig SGX IPO? Failed, Selling Borsig? Failed, Selling FBM Hudson? Failed. People are losing faith already. May be Andreas Heeschen should CHALLENGE again. I thick this round he will have a better chance?
5 days ago
Proff P, all the promoters for previous General Leeand current management suddenly disappeared. Sardin, bear bear up up rocket, sgx 6138 etc etc😂
5 days ago
First time to see a company like this. Deadline almost passing.....No Dumping, No Buying in....what is the motive. Apa mereka mau.....Our Blood....ahhh....lol
5 days ago
It's November. Noworries. All seem quiet on the Western front as they say. That's because of external factors. Who becomes President in a few days time may influence our company. And whether the situation in the Middle East gets worse also affect our deal. So we are now stuck and my queries to the managment didn't get any response as a result. They can't promise anything due to these external factors.
Fingers crossed, these couple of things will be out of the way by middle of the month and our path will be clearer. No choice gotta hang in there and suffer the suspense because the price doesn't seem to move up at all.
4 days ago
Meanwhile, KNM has submitted a request for extension of time to the Bursa. I believe Bursa is reviewing it and should have no problems extending for us.
https://www.klsescreener.com/v2/announcements/view/8316763
4 days ago
KNM's latest announcement two days ago,
https://www.klsescreener.com/v2/announcements/view/8322495
1 day ago
User here pretty funny thou , not into this company but camping here all time mumbling nonsense. There many option beside GH may tryout the Online-G version may help your fast outcome instantly.
5 hours ago
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Eh mana? Kindly share news link
4 weeks ago