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KNM's board gives nod to Borsig's listing in Singapore, eyes market cap of up to US$300 mil

KNM Group Bhd plans to list its indirect wholly-owned subsidiary Borsig GmbH on the Main Board of the Singapore Stock Exchange Securities Trading Ltd (SGX-ST) by way of an initial public offering (IPO), with a view of achieving a market capitalisation of up to US$300 million and a placement of 49% of the enlarged capital comprising vendor and/or new shares. In a bourse filing on Friday (Dec 16), KNM said its board of directors has approved the proposed listing and has on Dec 15 appointed Singapo...
Kuala Lumpur Borsig Gmb Primepartners Corporate Finance Pte Ltd Group Bhd Borsig Gmbh Main Board

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