Malaysia's MAA Group Buys 4.98% Stake in KNM Group

Malaysia's MAA Group (KLSE:MAA) said it has so far acquired a 4.98% stake in management services provider KNM Group (KLSE:KNM), according to a Friday Malaysian bourse filing. The stake comprising 201.

MT NewswiresMay 13 01:39

MAA Raises Stake in KNM to 13.54%

MAA Group Bhd (KL:MAA) has acquired an additional 201.48 million shares, or a 4.98% stake, in troubled Practice Note 17 (PN17) company KNM Group Bhd (KL:KNM) for RM33.24 million, or an average price 16.5 sen per share.

The Edge MarketsMay 10 07:08

MAA Loans RM13.5 Mil to KNM for Working Capital

MAA Group Bhd (KL:MAA), a substantial shareholder of KNM Group Bhd (KL:KNM), has extended a RM13.5 million loan to address the working capital requirements of the Practice Note 17 (PN17) company.

The Edge MarketsMay 9 09:54

MAA Shares Jump 37% in Active Trade on Philippine General Insurance Biz Stake Sale

MAA Group Bhd emerged as one of the top gainers, after announcing a plan to divest an 85% stake in its wholly-owned Philippine general insurance business — MAA General Assurance Philippines Inc — to Triple P Philippines Pte Ltd for US$49.3 million (about RM234.86 million) cash.

The Edge MarketsNov 16, 2023 03:03