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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.
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.
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.
KNM Group Exits Loss-Making Business in Italy for 16.5 Million Euros
KNM Group (KLSE:KNM) unit KNM Europa BV agreed to sell its entire stake in FBM Hudson Italiana for 16.5 million euros or 84.8 million ringgit, according to a Wednesday Malaysian bourse filing. The com
KNM Refutes Alleged Police Raid Reports
KNM Group (KLSE:KNM) denied media reports that said its premises were raided by the police recently, according to a Friday filing. The Malaysian management services provider clarified that the authori
KNM Group Incurs Loss in Quarter Ended June
KNM Group (KLSE:KNM) incurred a loss attributable to owners of 19.3 million ringgit in the quarter ended June 30, according to an amended bourse disclosure on Friday. The Malaysian management services
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