Posted by Woodswater > 2019-08-28 20:26 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6268533

Posted by Woodswater > 2019-08-28 20:28 | Report Abuse

birkincollector im confused how many Borsig are there?? selling a part of Borsig to another Borsig??
28/08/2019 8:18 PM

I was confused by ur confused .????
Wakakakaka

Posted by Petai > 2019-08-28 20:30 | Report Abuse

I also pening, Sifu Sifu ...please explain..Borsig

Posted by Woodswater > 2019-08-28 20:32 | Report Abuse

Another gap down scenario to buy cheap, thereafter great profit Qr + winning big projects announcement.
问你死未！
Wakakakaka

Posted by birkincollector > 2019-08-28 20:34 | Report Abuse

KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiaries, Borsig GmbH and Borsig ZM Compression GmbH (“BZM”) had on 27 August 2019 entered into a Sale and Purchase Agreement (“SPA”) with Borsig ZM Schweiz AG and Iskra-Neftegaz Compressor Limited Liability Company for the disposal of its entire equity interests comprising one (1) ordinary share of EUR24,000 and one (1) ordinary share of EUR1,000 held in BZM for a cash consideration of EUR28 million (equivalent to approximately RM130.76 million based on the exchange rate of EUR1.00 : RM4.67) (hereinafter referred to as the “Proposed Disposal”).

selling to Borsig ZM Schweiz AG.......hence my question how many Borsig la....

Posted by beinvested > 2019-08-28 20:37 | Report Abuse

Borsig ZM Schweiz AG and Iskra-Neftegaz Compressor Limited Liability Company jointly bought over the shares rest in 2 indirect wholly-owned subsidiaries for RM130 million, improved the Balance Sheet, the NTA, the profit figures.

The earlier QR was release on the 23rd (23rd May) instead of almost at the end of the month. The Management must have put in the best effort to conclude the deals so that the impending announcement will be a good news for better value in the shares..UP..UP..

Posted by BeeBearBear > 2019-08-28 20:43 | Report Abuse

Ncm88, nobody’s asking you or begging you to buy KNM shares, so get lost

Posted by moneypedia > 2019-08-28 20:43 | Report Abuse

selling of asset...isnt it already included in the price rally...this best describe willingly taken over.....dizzy ..but interesting benchmark....let see the price tommorow...

Posted by Ncm88 > 2019-08-28 20:50 | Report Abuse

Ya expect rhe same gameplay gap down to scare people then go back up like always

Posted by mofa83 > 2019-08-28 21:00 | Report Abuse

Why announce this 1st b4 QR report?

Posted by masterkevin212 > 2019-08-28 21:02 | Report Abuse

Well, disposal of subsidiary is to sustain its cash flow. Knm has a huge debt to settle. With valuable asset can pay off the debt. By looking at the disposal value, it should be one of the profitable subsidiaries, otherwise, who the hell will buy.

Probably, knm needs money to kick off its WTE project. If you study the letter from china power western 1.9B peterborough WTE contractor, knm needs to pay RM 400m as down payment before this china company will proceed the work until completion with defer payment. This project has been dragging so long. With WTE project. Banking institution will not take risk to grant you for construction loan. So, this project they must get china group to help. Apparently, no money no talk.

Posted by mofa83 > 2019-08-28 21:06 | Report Abuse

Make sense

Posted by Mustovoi > 2019-08-28 21:06 | Report Abuse

Compressor division having challenging market share penetration, loss making at yr 2018
They more focussing on the money making heat exchanger and membrane division.
Good strategy...
Gearing lower
Overall its positive news for knm.

Posted by Ling Kee man > 2019-08-28 21:11 | Report Abuse

Everytime despeche said go up,it will go down hahahaha

Posted by lamy92 > 2019-08-28 21:19 | Report Abuse

Wait tomolow upp.. Buy back knm

Posted by Mustovoi > 2019-08-28 21:27 | Report Abuse

Wow Sardine, u make so much sense....Dig deeper and reveal the big picture...
Apprecite your generosity.

Posted by Hangseng > 2019-08-28 21:32 | Report Abuse

Masterkevin, you have lost our respect when you boldly claim a week ago that was your last and final post and you have nothing to do with this forum. So what are you still doing here? Please safe yourself some embarrasment by not showing up here anymore

Posted by mofa83 > 2019-08-28 21:42 | Report Abuse

Its a good news or bad news @sardin. Why announce b4 QR

Posted by masterkevin212 > 2019-08-28 21:50 | Report Abuse

Now on, I realise that why knm failed to beg a WTE job from state of selangor 1B with 2 phases WTE. This job is awarded to China western again. Recently, zuraida visited to china her intention to gain more exposure to WTE project in china. I think again china will grab the food again.

Their conversation should be like this

KNM Lee: Mr.selangor, why did you give this job to China western?

State selangor: no choice, they are expert and they can fund the project. What about you?

KNM Lee: Well, they can do, we also can do.

State selangor: Are you sure? Your peterborough WTE project also give to china western wat!!! Meaning to say you can not do lah!!!

KNM Lee: errrrr...but that one is different, we are also doing WTE in port dickson wat, we are only one selected contractor.

State selangor: but why the project still can not siap? Promising last June to complete!!! Until today cypark also can not operate? Your vendor also didn't receive payment. The project was temporary stop in last march. How?

KNM Lee: we are still the best boss, we have borsig.

State selangor: wait and see first......

Posted by BeeBearBear > 2019-08-28 21:58 | Report Abuse

eh Masterkevin, nobody respects you here, nobody likes you here, please go ham gah chan before hungry ghost festival ends

this is for you, nah t(-.-t)

Posted by investortrader88 > 2019-08-28 22:11 | Report Abuse

sardine81.possiblity more than one party interested in knm / borsig.serba dinamik.recently serba dinamik very aggresive taken over listed companies .knm business & serba dinamik doing similiar business.

Posted by mukhriz02023 > 2019-08-28 22:11 | Report Abuse

http://bernama.com/bm/news.php?id=1762002

Posted by Mustovoi > 2019-08-28 22:13 | Report Abuse

No wonder buy q at 0.38... 22m b4 closing....it really puzzle me who dare q with that kind of volume...

Tomorrow is going to be very interesting

Posted by mofa83 > 2019-08-28 22:17 | Report Abuse

Ic... KNM only sold 1 of 6 from Borsig Group. Their main asset still intact.

Posted by beinvested > 2019-08-28 22:18 | Report Abuse

See, the 3pm Ghost, the target for takeover, buy over are not without any clues or signs, their time zone,

Posted by masterkevin212 > 2019-08-28 22:18 | Report Abuse

If tomorrow up, knm is on uptrending

Posted by investortrader88 > 2019-08-28 22:19 | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-founder-investing-other-plcs-bid-strengthen-group

Posted by investortrader88 > 2019-08-28 22:21 | Report Abuse

https://www.theborneopost.com/2019/07/10/serba-dinamik-refutes-rumours-of-acquiring-knm-group/

Posted by mofa83 > 2019-08-28 22:22 | Report Abuse

They improve their cash flow for future project and maybe to buy back director share to strengthen their holding power.

Posted by investortrader88 > 2019-08-28 22:23 | Report Abuse

Ceo of Serba Di amik Datuk Adbdul Karim is very ambitious.he have big institution like EPF , KUMPULAN WANG PERSARAAN back up him.

Posted by mofa83 > 2019-08-28 22:24 | Report Abuse

No point asking sapa nak mengaku macam tu

Posted by investortrader88 > 2019-08-28 22:29 | Report Abuse

Serba Dinamik Sdn Bhd provides integrated engineering, contracting, and maintenance services. The company also offers system integrator/packager, operation and maintenance, trading, training, and information technology services; and procurement, construction, and commissioning services. It serves customers worldwide. The company was founded in 1993 and is based in Shah Alam, Malaysia.

Posted by investortrader88 > 2019-08-28 22:30 | Report Abuse

Knm Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing, and construction services for the renewable energy, power, utilities, refining and petrochemical industries. The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson. It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures, and buildings sectors. It also provides support services such as repairs, modification, maintenance, assembly, and spare parts supply. Knm operates its business through three geographical segments Asia and Oceania, Europe, through which it generates significant revenues and America.

Posted by investortrader88 > 2019-08-28 22:35 | Report Abuse

THIRTY LARGEST SHAREHOLDERS KNM (as per Record of Depositors as at 29 March 2019) 
No. of 
No. Name of Shareholders Shares Held %# 
1. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Inter Merger Sdn Bhd 
(MGN-IMS0005M) 113,600,000 4.84 
2. Chua Sim Neo @ Diana Chua 105,208,800 4.48 
3. Pui Cheng Wui 65,901,000 2.81 
4. Affin Hwang Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Inter Merger Sdn Bhd 60,945,042 2.60 
5. Citigroup Nominess (Asing) Sdn Bhd 
- Exempt An for UBS AG Singapore (Foreign) 57,627,100 2.46 
6. HSBC Nominees (Asing) Sdn Bhd 
- Exempt An for Bank Julius Baer & Co. Ltd. (Singapore BCH) 33,300,000 1.42 
7. CIMSEC Nominees (Tempatan) Sdn Bhd 
- CIMB Bank for Tan Kim Heung (MY1989) 25,000,000 1.06 

8. Citigroup Nominees (Asing) Sdn Bhd 
- CBNY for Emerging Market Core Equity Portfolio DFA 22,850,768 0.97 
Investment Dimensions Group Inc 

9. Maybank Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Inter Merger Sdn Bhd 18,232,951 0.78 
10. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Lee Swee Eng (MGN-LSE0004M) 15,580,000 0.66 
11. Kenanga Nominees (Tampatan) Sdn Bhd 
- Rakuten Trade Sdn Bhd for Pui Cheng Wui 14,170,800 0.60 
12. Affin Hwang Nominees (Asing) Sdn Bhd 
- Pledged Securities Account for Aveda Assets Capital Inc. 12,850,000 0.55 
13. Citigroup Nominees (Tempatan) Sdn Bhd 
- Employees Provident Funds Board (RHB INV) 12,383,000 0.53 
14. Tee Kim Chee 12,000,000 0.51 
15. Maybank Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Lee Swee Eng 10,259,404 0.44 
16. CIMSEC Nominees (Tempatan) Sdn Bhd 
CIMB Bank for Koh Kin Lip (MY0502) 10,000,000 0.43 
17. Choong Yean Yaw 9,163,100 0.39 
18. Public Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Poh Seng Kian (TJJ/KEN) 8,822,000 0.38 
19. Ooi Cheow Har 8,300,000 0.35 
20. Citigroup Nominees (Tempatan) Sdn Bhd 
- Kumpulan Wang Persaraan (Diperbadankan) (Affin AM EQ) 8,177,480 0.35 
21. Seng Siaw Wei 8,000,000 0.34 
22. Cartaban Nominees (Asing) Sdn Bhd 
- SSBT Fund FA2N for Parametric Tax-Managed Emerging 
Markets Fund 7,927,875 0.34 
23. Ong Ngoh Ing @ Ong Chong Oon 7,900,000 0.34 
24. Citigroup Nominees (Asing) Sdn Bhd 
- Macquarie Bank Limited (London Branch) 7,651,284 0.33 
25. Tan Kim Kee @ Tan Kee 7,500,000 0.32 
26. CIMSEC Nominees (Tempatan) Sdn Bhd 
CIMB Bank for Ng Chai Hock (MY0972) 7,320,000 0.31 
27. Chan Tiang Seng 7,300,000 
28. 28. Gan Siew Liat 7,296,250 0.31 
29. Maybank Securities Nominees (Tempatan) Sdn Bhd 
- Pledged Securities Account for Lee Swee Eng (Margin) 7,116,434 0.30 
30 Heng Song Khoon 7,000,000 0.30 
TOTAL 699,383,288 29.81

Posted by beinvested > 2019-08-28 22:36 | Report Abuse

The Management can know the shareholdings of this Switzerland company, , call the Registrar but not MCD/CDS in the SC, let say got a big quantity already, they could have indicated the interest to control but the target is BORSIG, very obsessed about it, , the compressor unit, so not so much the unit in Thailand, so the arrangement for the time being could be this way..some days later could be more corporate development can be expected, WHAT will happen to the KNM share price in the coming days or months if the fight restart ?

Posted by investortrader88 > 2019-08-28 22:38 | Report Abuse

Diana Chua & Phui Cheng Wei.They knew somebody want to take over knm.they already puts their heavy bets on knm.can see their name in thirty largest shareholder in knm.as on 29 march 2019.

Posted by beinvested > 2019-08-28 22:41 | Report Abuse

Yes Diana Chua got less than 5% and the largest shareholder, a Sdn Bhd also got less than 5%, very very vulnerable..these people involved in takeover biz, wanted BORSIG

Posted by investortrader88 > 2019-08-28 22:45 | Report Abuse

true beinvested.Diana Chua & Phui Cheng Wei.well known involved in takeover business before this.

Posted by mofa83 > 2019-08-28 22:45 | Report Abuse

I dont get it, if want to take over just go to war once n for all.

Posted by investortrader88 > 2019-08-28 22:48 | Report Abuse

we dont have the latest list thirty largest shareholders of knm.we dont know how much shares they have increased .or any mystery new shareholders

Posted by mofa83 > 2019-08-28 22:48 | Report Abuse

How la QR, UZMA already sing happy song

Posted by Hangseng > 2019-08-28 22:50 | Report Abuse

Not a huge fan of the russian conspiracy theory, is it possible that to get a stronger foothold in the russian and cis market, knm has to give up some to get some?

Posted by Palmboy > 2019-08-28 22:51 | Report Abuse

Wtf mastertikus head 360c terbalik?

Posted by beinvested > 2019-08-28 22:52 | Report Abuse

Sardin, yes they sure spread the shareholdings into many CDS accounts and the buying could be via a broker/investment bank even in Spore, if less than 5%, no need to inform SC? But the there already 20 CDS got 3% each - all will be printed on 30 Largest shareholders List in the near future because currently many of the 30 entities are not even got 1% each

Posted by face > 2019-08-28 22:56 | Report Abuse

Borsig Moscow..

https://www.borsig.de/en/company/locations/branch-moscow/

Posted by dusana > 2019-08-28 22:58 | Report Abuse

I think the only way to BORSIG if throught KNM, it seems that they are many parties interested in BORSIG and its compressor technology. So now that the rat is out of the hole those parties who are eyeing BORSIG will be fighting for a piece of KNM in a more aggressive way, tomorrow we see!!!

Posted by face > 2019-08-28 22:58 | Report Abuse

There will be many many corporate news.... Limit Up for sure!

Posted by investortrader88 > 2019-08-28 23:00 | Report Abuse

sardine81.need to call up scooby doo & gangs to investigate that 2 individuals if have any links with the Russian , German or Serba Dinamik.hahaha

Posted by face > 2019-08-28 23:00 | Report Abuse

Will Petronas eyeing Borsig?

Posted by beinvested > 2019-08-28 23:00 | Report Abuse

Likely, if you wanted to control BORSIG, is better to control KNM,