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Dublin, April 24, 2024 (GLOBE NEWSWIRE) -- The
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Dublin, April 24, 2024 (GLOBE NEWSWIRE) -- The
KUALA LUMPUR: KNM Group Bhd has denied claims of a police raid on its premises on Dec 12, noting that the police were only seeking its assistance in an investigation.
PETALING JAYA: Cash-strapped KNM Group Bhd (pic) has fully repaid a trust fund managed by the Asian Development Bank, which had previously made repayment on behalf of the group to its bondholders in Thailand.
PETALING JAYA: Debt-laden KNM Group Bhd is planning several corporate exercises that would see the listing of its crown jewel Borsig GmbH in Germany, and injecting its subsidiaries in a special-purpose acquisition company (SPAC), in a bid to improve its financial position.
THE ongoing saga at asset-rich KNM Group Bhd seems to have had some interesting developments this week.