Posted by Strategist Invest Lam > 2023-12-01 00:22 | Report Abuse

https://www.klsescreener.com/v2/news/view/1241941

Posted by Aati99 > 2023-12-05 11:09 | Report Abuse

kerugian meningkat pd suku ketiga...

Posted by Ninja _07 > 2023-12-05 13:37 | Report Abuse

Gone case... game over already!

Posted by batigoal > 2023-12-06 15:32 | Report Abuse

why share going up

Posted by Vhydro > 2023-12-06 22:16 | Report Abuse

Going up? Mana?

Posted by Auntylee > 2023-12-13 10:24 | Report Abuse

No more CERITA????

Posted by speakup > 2023-12-15 07:43 | Report Abuse

https://focusmalaysia.my/bukit-aman-cops-raid-knms-cosec-and-registrar-offices-seize-biz-documents/
ADUH!

Posted by investortrader88 > 2023-12-15 08:13 | Report Abuse

Habis cerita.caught red handed !

Posted by Medusa > 2023-12-15 09:15 | Report Abuse

Mafia Scammer is making move

Limit down

Kikiki…

PETALING JAYA: Bukit Aman’s commercial crime investigation department has denied that it raided the offices of oil and gas engineering company KNM Group Bhd.

Its director, Ramli Yoosuf, said they had only gone over to the company’s premises to collect documents on Wednesday.

“We went there only to collect documents for our investigation. No one was arrested,” he told FMT.

However, he did not give details of the investigation they are carrying out.


Ramli’s denial follows claims circulating on WhatsApp that the CCID had raided KNM’s offices.

According to these claims, the police had seized “many documents pertaining to KNM”.

The company, which was recently embroiled in a boardroom battle, was classified as a PN17 company on Oct 31 last year and was required to submit its regularisation plan to the regulatory authorities within a year.

On Oct 30, it sought a one-year extension from Bursa Malaysia Securities.

Posted by Adagold > 2023-12-15 10:05 | Report Abuse

I thought if they don't disturb the team they can carry out their work to solve KNM problems. Adoi everytime kacau2 how to work?

Posted by MacDee34 > 2023-12-15 10:35 | Report Abuse

It seems the wheels of justice are finaly turning. Now the authorities are seizing documents for an investigation. Must be about that phony guarantee that Tunku Yaacob gave to FBM in the whistleblower report.

https://focusmalaysia.my/bukit-aman-cops-raid-knms-cosec-and-registrar-offices-seize-biz-documents/

Posted by OtisKL > 2023-12-15 14:05 | Report Abuse

Hiya everyone, what's new? Been away "overseas" for funeral rites, just got home.

@MacDee34, long time no see. Hope you are in the best of health. Thanks for sharing the article. Reading in the Star Online this morning, the police denied it was a raid wor.... well, if a report of any issue is lodged, it's the police's SOP to investigate, they are doing their duty, as I see it, moreover for any public-listed company, as it's in the interests of the public anyway.

Posted by OtisKL > 2023-12-15 14:09 | Report Abuse

While you were gone @MacDee34, a lot of good things happened, and KNM got their RO. However, it's still showing reds in their recently released quarterly report, although narrowed the gaps.

Posted by OtisKL > 2023-12-15 14:16 | Report Abuse

In fact, a better story for today, the Federal Court repealed Act 498 of the Penal Code, saying that "it's criminal to entice a married woman." The Federal Court said that is somewhat implying that the woman is the Husband's possession, macam slavery lar.

https://focusmalaysia.my/federal-court-declares-section-498-unconstitutional-in-landmark-ruling/

Posted by MacDee34 > 2023-12-15 14:18 | Report Abuse

Raid or no raid lah.. it is not the beach club. The point is an investigation is confirmed about all the never ending hanky panky of Tunku Yaacob and his incompetent management. It never ends. Can't even do an honest EGM.

Posted by OtisKL > 2023-12-16 13:29 | Report Abuse

@MacDee34, aah, okay, I see what you mean. Well, this company has a long way to recovery, hope it becomes a win-win situation for all.

Have you following up on Sapura Energy? It's another PN17 O&G company similar to KNM. SE has over RM10b debts, on the road to recovery, fell into PN17 one year earlier. But SE journey pretty smooth, recently they had a white Knight rescuing it.

Posted by Auntylee > 2023-12-17 13:32 | Report Abuse

@MacDee34
Cantonese said
“解释就是掩饰”🤫

Posted by batigoal > 2023-12-20 14:34 | Report Abuse

any news ??

Posted by Dehcomic01 > 2023-12-21 10:02 | Report Abuse

From a ROE vs share price trend perspective as per the chart below, you can see that while KMN ROE had improved recently, the share price did not have a corresponding movement. https://i.postimg.cc/m27CSYP9/KNM.png

You should not be surprised as KNM had not been profitable for many years. The current ROE is moving from a bigger loss to a lower loss ie negative 46 % ROE to a negative 14 % ROE.
There are better Bursa companies in the Bursa sector to look at. Are there opportunities in the Bursa Energy Services sector? https://www.youtube.com/watch?v=YrMdgjFHHaU

Posted by 11395861 > 2023-12-21 16:28 | Report Abuse

0.07 cent boleh masuk

Posted by Vhydro > 2023-12-21 22:17 | Report Abuse

0.01 cent boleh masuk

Posted by Strategist Invest Lam > 2023-12-22 08:44 | Report Abuse

KNM Group Berhad as a reputable and responsible company

Further reveal the latest progress of many of its corporate activities. In addition to continuing to cash out assets to reduce the company's debt burden, the listing plan of Borsig, a wholly-owned subsidiary, has also made significant progress. The company is currently negotiating with potential subscribers for the initial purchase price.

With the sale of FBM Group and Thai assets one after another, Cohenma will regain sustainable profits with the assistance of Borsig Group; Borsig Group will implement a dividend policy after listing, and at least 75% of the net profit will be used for dividends every year.

The company emphasises that the main creditors are very supportive of the current management, and the company will continue to actively discuss the restructuring plan with investment banks.

Posted by neemdom > 2023-12-27 19:10 | Report Abuse

Few years ago use to follow mr.sardine in knm forum.donot know whether he still holding knm.he said he sold his house to invest in knm

Posted by Medusa > 2023-12-28 09:34 | Report Abuse

Only c2pid will believe ppl sell house to buy stock

Follow medusa buy low sell high

Follow sardin buy high sell low

Kikiki…

Posted by MrMojo > 2023-12-28 12:47 | Report Abuse

Bought truckloads of knm.
No risk no gain

Posted by MrMojo > 2023-12-28 12:48 | Report Abuse

After much looking at how TY die die also must survive...i think its ok

Posted by MrMojo > 2023-12-28 12:49 | Report Abuse

Imagine putting 90+ mil of your own money.
Plus abu bekirs 30+ mil and u know yours n thiers interests align

Posted by OtisKL > 2023-12-28 14:09 | Report Abuse

Hiya everyone! Hope all is well. Looks like the price isn't going down below 9sen, which is a good sign to hold at this level until now. If only its subsidiary, KNM Process Services is injected into Borsig upon listing into SGX to push up its speed to have its presence in Malaysia and Asia generally, it will be very synergistic to KNM as a group.

Posted by MrMojo > 2023-12-31 12:30 | Report Abuse

What happened to german sausage?
Cant believe he didn't do anything these few months. So quiet.
And he cant have ran away.

Posted by MrMojo > 2024-01-02 12:33 | Report Abuse

Dream on lol

Posted by MrMojo > 2024-01-04 14:02 | Report Abuse

Hmm why does ppl like to delete their statements?
They must be cheaters n liars. Body got shxt hehe

Posted by MrMojo > 2024-01-04 14:02 | Report Abuse

I am curious mana german sausage? Perhaps a unity board can help speed things along eh

Posted by newbie9893 > 2024-01-05 11:40 | Report Abuse

macam nak gerak gerak..buy now before it shoot up

Posted by Eman123 > 2024-01-08 09:49 | Report Abuse

coming...

Posted by Bullkobear > 2024-01-11 15:08 | Report Abuse

is warming up again!

Posted by Dav Yau > 2024-01-23 23:32 | Report Abuse

Why no news on borsig listing in Singapore...

Posted by Dav Yau > 2024-01-23 23:32 | Report Abuse

If no listing, sayonara...loh

Posted by NorAfan > 2024-01-24 21:51 | Report Abuse

tangguh ke bulan Jun-July?

Posted by NorAfan > 2024-01-26 19:58 | Report Abuse

haha. Dari wawasan 2020 ke wawasan 2030 😆

Posted by Strategist Invest Lam > 2024-02-01 14:08 | Report Abuse

Good jobs done :

KNM Group Bhd has received the greenlight from Bursa Malaysia Securities Bhd for a six month extension to submit its financial regularisation plan to exit its Practice Note 17 (PN17) status

Posted by RedEmperor > 2 months ago | Report Abuse

So how much did Tunku pay for his latest off market purchase of 91Million shares? @16.52Cent/per share?

Posted by ocbc > 2 months ago | Report Abuse

SG listing coming after CNY, that is why he is loading

Posted by Dav Yau > 2 months ago | Report Abuse

Actually he is not loading...he is only averaging from RM 0.22 and 0.95 or RM 0.10

Posted by Dav Yau > 2 months ago | Report Abuse

That is why Tengku shares is now RM 0.165 after averaging...

Posted by Dawneagle > 2 months ago | Report Abuse

@Dav Yu
Your info is wrong. He purchased 91million shares at 0.165 - off market deal.

Posted by izoklse > 2 months ago | Report Abuse

very interesting TY keep on buying

Posted by MacDee34 > 2 months ago | Report Abuse

TY forced MAA to buy 91 million KNM shares at double the market price with an immediate loss of RM 7,280,000 because TY made a personal deal with his friend to help him win the KNM EGM? How can the MAA shareholders absorb a loss like this without shareholder approval? I thought this was a public company. Can we hold the Board personally liable for this loss? how can Bursa allow this? Where is the SC?

T. YAACOB VIA MAA PURCHASE OF 2.25% STAKE IN KNM ON 8.02.2024

Ref. is made to the 2.25% KNM stake purchase at double market price by T. Yaacob, equivalent to 91,000,000 KNM shares.

This off-market deal at 0.165sen/share follows the announced intention to deal within a closed period (announced on 6.02.2024) and was made on 8.02.2024 with MAA Berhad (TY) increasing its stake in KNM at the same price paid in October 2023 by Datuk Seri Mahmood Taib, who entered as significant shareholder with a 5.06% stake, later reduced below the threshold amount of 5%. T. Yaacob was committed to buying back all of DS Mahmood shares at the same price paid by the latter. This deal represents for MAA a loss of 0.080 per share [0.165sen less 0.085sen].

Posted by Dawneagle > 2 months ago | Report Abuse

@macdee34
All is fair in love and war.

Posted by Dav Yau > 2 months ago | Report Abuse

Will Tengku do a runner...???

Posted by theboss9009 > 2 months ago | Report Abuse

pung pang pung pang still at 8.5 sen adoiiii