AFTER much deliberation by KNM Group Bhd about how it would seek to get back on track, especially in fixing its mounting debt, a decision has been made to flog off its prized asset. The company is proposing to sell its wholly owned unit, Germany-based Borsig Group for €220. 8mil( RM1. 03bil). The sale will require the vote from its shareholders at a soon-to-be convened EGM....
The proposed sale seems to come in time for the group to resolve the issue of its high indebtedness. Its circular to Bu
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星报-商业
2022-05-28 00:00:00.0