Page 31 - Group Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KNM Group Bhd has proposed to list it German unit Borsig GmBH on the Main Board of Singapore stock exchange.

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 Singapore-based PrimePartners Corporate Finance Pte Ltd to act as the issue manager, underwriter and placem...

Here is a brief recap of some corporate announcements that made news on Wednesday (Dec 14) involving Axiata Group Bhd, Telekom Malaysia Bhd, Capital A Bhd, Top Glove Corp Bhd, T7 Global Bhd, Nylex (Malaysia) Bhd, K-One Technology Bhd, Pestech International Bhd and Kein Hing International Bhd.

SELANGOR: Construction and property development solutions provider MGB Bhd, a subsidiary of LBS Bina Group Bhd, today announced that its subsidiary Retro Court Sdn Bhd (RCSB) has entered into a framework agreement with Invest Energy Sdn Bhd (IESB).

KUALA LUMPUR (Dec 14): Nylex (Malaysia) Bhd has proposed to enter into discussions with China-based CRRC Changchun Railway Vehicles Co Ltd on the construction of a light rail transport (LRT) system in Johor Bahru.