KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

-0.005 (6.67%)

Day's Change

0.065 - 0.07

Trading Volume

5,351,100


72 people like this.

59,032 comment(s). Last comment by Woodswater 17 hours ago

Posted by bookerhoot9eee > 2021-06-29 12:51 | Report Abuse

good news ?

tomak92

4 posts

Posted by tomak92 > 2021-06-29 12:51 | Report Abuse

alhamdulillah..no esos...at least did something today..

Bcyh99

37 posts

Posted by Bcyh99 > 2021-06-29 12:56 | Report Abuse

no PP

Jack Y

793 posts

Posted by Jack Y > 2021-06-29 13:01 | Report Abuse

ESOS? rejected.? wow~~~~ cool~~~~
HOTSTUFF look~~ this is our power!!!!!!!!

Posted by Prashan Ram > 2021-06-29 13:02 | Report Abuse

ppl power!

Posted by sotongbroker > 2021-06-29 13:03 | Report Abuse

Any more live updates? Links to the recorded meeting, anyone?

makemoney1

291 posts

Posted by makemoney1 > 2021-06-29 13:15 | Report Abuse

should be private placement is rejected, sorry wrong info just nw on ESOS and third party transaction is rejected

Davyau18

194 posts

Posted by Davyau18 > 2021-06-29 13:55 | Report Abuse

Good news....even the cats ,dogs and mouse has won now.....Whats next...????

Chong456

13 posts

Posted by Chong456 > 2021-06-29 13:57 | Report Abuse

Yes!!!!!!!!!!!!

Willbegood

110 posts

Posted by Willbegood > 2021-06-29 14:33 | Report Abuse

suspended...

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-06-29 14:41 | Report Abuse

Suspended cause majority vote against the PP?

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-06-29 14:55 | Report Abuse

Look at the buy queue. Looks like good news

Posted by STOCKINFRO > 2021-06-29 14:56 | Report Abuse

Voting Results

1. ORDINARY RESOLUTION
Description PROPOSED PRIVATE PLACEMENT OF UP TO 987,517,700 NEW ORDINARY SHARES IN KNM TO INTERESTED PLACEE(S) AND INDEPENDENT PLACEE(S)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 163
No. of Shares 203,128,516 333,937,123
% of Voted Shares 37.8200 62.1800


Result Rejected

Ben333

79 posts

Posted by Ben333 > 2021-06-29 15:17 | Report Abuse

New team at helm now, Tan koon Pin and Flavio Porro, MD and ED respectively. PP to LSE group rejected. Good signs

Ben333

79 posts

Posted by Ben333 > 2021-06-29 15:20 | Report Abuse

Nomination of Gan Siew Liat (LSE wife) and others aligned to LSE withdrawn at the last minute knowing it will be defected

Jack Y

793 posts

Posted by Jack Y > 2021-06-29 15:20 | Report Abuse

Looks at the result seem like they stil holding n controling... Why need pay for director fee n why need offer cheap esos

Joe

1,478 posts

Posted by Joe > 2021-06-29 15:20 | Report Abuse

Petrol price at peak...should touch USD80...

Joe

1,478 posts

Posted by Joe > 2021-06-29 15:21 | Report Abuse

The New team will make a big turn around....for KNM

Ben333

79 posts

Posted by Ben333 > 2021-06-29 15:24 | Report Abuse

Trading of share also suspended until 3.30 pm today. Sardin81 didn't surface at all, hope he can make some comments, being so knowledgeble abt knm

shiby

217 posts

Posted by shiby > 2021-06-29 15:24 | Report Abuse

time for change.Mr Tan had his chance but cannot perform

Joe

1,478 posts

Posted by Joe > 2021-06-29 15:27 | Report Abuse

Maybe can buy more... at this lower price

Jnlee

305 posts

Posted by Jnlee > 2021-06-29 15:40 | Report Abuse

see some light at the tunnel

Davyau18

194 posts

Posted by Davyau18 > 2021-06-29 15:42 | Report Abuse

Very good sign...

Posted by bookerhoot9eee > 2021-06-29 15:45 | Report Abuse

go go knm

Nam Uni

56 posts

Posted by Nam Uni > 2021-06-29 15:48 | Report Abuse

very good. less 30% supply from cancelled pp.

Jack Y

793 posts

Posted by Jack Y > 2021-06-29 15:54 | Report Abuse

wow 0.18 up up up ..up to moon~~

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-06-29 15:59 | Report Abuse

Baby sharks win the bosses this time. U see all sapu up

Vhydro

1,581 posts

Posted by Vhydro > 2021-06-29 16:12 | Report Abuse

RISK8888, sell body and all in lo

Chong456

13 posts

Posted by Chong456 > 2021-06-29 16:20 | Report Abuse

Good job!!!!!!!

Jack Y

793 posts

Posted by Jack Y > 2021-06-29 16:28 | Report Abuse

low vol up 9.X% considered very good.. buying sign..

Cslee1215

435 posts

Posted by Cslee1215 > 2021-06-29 16:32 | Report Abuse

Sardin81 dream come true

Posted by small_investor > 2021-06-29 16:45 | Report Abuse

Take control KNM and own Borsig. So cheap

kabukiman

324 posts

Posted by kabukiman > 2021-06-29 16:46 | Report Abuse

thanks to everyone. Good day for the investment community in Malaysia.

kabukiman

324 posts

Posted by kabukiman > 2021-06-29 16:47 | Report Abuse

goes to show no harm in dreaming big. just persevere, and with some luck - your efforts will pay off.

Ben333

79 posts

Posted by Ben333 > 2021-06-29 17:08 | Report Abuse

Strange sardin81 haven't surface n give comment. Not his usual self, normally he will give lengthy comments till cows come home

RedEmperor

160 posts

Posted by RedEmperor > 2021-06-29 17:14 | Report Abuse

Well done to all who rejected the PP. We will see the uptrend of this share in months to come.

Chong456

13 posts

Posted by Chong456 > 2021-06-29 17:18 | Report Abuse

Hahaha.......see...even a rat can kill an elephant

Jjkcl

883 posts

Posted by Jjkcl > 2021-06-29 17:29 | Report Abuse

Forward looking good

Ben333

79 posts

Posted by Ben333 > 2021-06-29 17:33 | Report Abuse

LSE won't unload his shares in open market, he will look for synergistic party to buy if he wish to unload. His cost is quite high, watch out for new substantial shareholders to appear in coming days

RISK8888

2,232 posts

Posted by RISK8888 > 2021-06-29 19:37 | Report Abuse

i'm monitoring the movement now, see what is happening, feel very weird suddenly thing change so drastically.

Nam Uni

56 posts

Posted by Nam Uni > 2021-06-29 19:39 | Report Abuse

probably new BOD coming along with new substantial shareholder

MacDee34

243 posts

Posted by MacDee34 > 2021-06-29 20:35 | Report Abuse

actually, up until yesterday, gan siew liat and lee swee eng was running the company. today Terrence and flavio took over. the lee supporters all purged. it is clear the financial community supports these changes. let's see what Terrence can accomplish for a while. and let's see who joins the board in the next weeks. I think things are going to get very interesting.

kabukiman

324 posts

Posted by kabukiman > 2021-06-29 22:50 | Report Abuse

Ya lor. Why would the resignations come in just a day before AGM/EGM.

That signifies they saw the proxy vote being tallied and after checking for all other nominees or friendlies, it's not going to be in their favour.

Posted by PenghuluGia > 2021-06-30 07:45 | Report Abuse

Wow.. whats working in the background Sardin.. please share some light

Posted by small_investor > 2021-06-30 08:48 | Report Abuse

General Lee still can buy from open market to gain control. Buy high price. 80 cents. Hahah

Joe

1,478 posts

Posted by Joe > 2021-06-30 08:53 | Report Abuse

Oil up trending...price should spike up

Joe

1,478 posts

Posted by Joe > 2021-06-30 08:54 | Report Abuse

Long term should be good

Posted by Flyhigh369 > 2021-06-30 09:44 | Report Abuse

Dear like minded minority shareholders, I read the corporate board changing of directors as the most positive chapters in the history of KNM . The retiring of two 70 plus years old directors and the Lees, will able to allow injection of new bloods into this ‘Old man club” infrastructure energy company .This is a new beginning for KNM with the CEO ,Terence tan and new executive director taking charge to rationalize and position the company. The company has assets of RM3.8b and debts of RM1.4 b with NTA of 60cts . I m very sure by selling off the problematic projects in Thailand rm 400M and London £60m, will be able to free a lot of working capitals. The borsig and Italy are the jewels that can position for corporate listing in Europe or even listing in China as this specialist process equipments is technically very well position in the petrochemicals industry. We do not need to do any private placement like what Lee’s proposed. The company just need to rationalize and our share price will be near to NTA soon . We are all hopeful that new institutional investors will be able to see the potential of this company . Congratulation to all of us who manage to vote yesterday and make this unbelievable and impossible tasks happened . Cheers to great value for KNM .

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