KNM (7164): Company Shares Transactions

Ooo german sausage cabuting ka. But he still got 200mil + wor.
How to sell? Sell in open market he also pok-ai le.
U think he so stupi d sell until knm drop to below 5c? Lol.
But maybe he can sell in batch to others interested, maybe tunku or other big shots

2 weeks ago

I dun think german sausage will openly sell in open market all his 200mil shares. Will be a disaster for him.
All the best

2 weeks ago

So the question is why he sell 78mil shares ah? Need cash?

2 weeks ago

Knock down the share price?

2 weeks ago

RojaknMojak

hmm I wager something is going on behind the scenes lol.

Why did TY not addressed the fall in share prices? surely he knows its detrimental to his reputation n knm. Even the CEO is quiet. During the german saga, they came out with news so fast.

Strange. Perhaps german guy sold to some group in SG and waiting for listing news? Perhaps perhaps. For him to sell down like this also doesnt make sense...the share price will be too low for him to recoup his losses.

Dont forget that TY has his turiya cases settled and MAA has a lot of money incoming. Things could get or may not get interesting.

Watching and thinking......

2 weeks ago

Adagold

German guy bought at high price earlier. Now he got 2 choice - either keep fighting or cabut. Looks like he want to cabut because he knows he can't fight. No royal family to baack him up, no police or MACC backing very hard to fight. So, looks like he choose to take loss and cabut. If continue to fight he will lose even more.

2 weeks ago

Cabut by selling blocks of shares to others. U really think he will sell at 5c ka. Lol

2 weeks ago

Holding 6% of knm is very very different from short term traders who only trade few hundred or 2k ringgit

2 weeks ago

Sit back n enjoy

2 weeks ago

RO dapat tak?

1 week ago

Looks like they are using the new company act or law to apply for new agreement with creditors n a new RO.

New law does give more new things i am not sure but does again give creditors a vote to approve the debt agreement.
If majority votes ok, then will go thru.
I think last time hard to get all the creditors to agree la. Need all of them.Thats why dingdong so long.
This is what i think.

Maybe will be good this time round. Hopefully the listing in sg is soon also.
They need to step up n kasi news le

1 week ago

woodswater. ya.
another one:
https://theedgemalaysia.com/node/707346

New act will help of course. How remains to be seen. They better hire well informed lawyers to kautim o. haha

1 week ago

I am also waiting on the return on my investment in knm.

Buy or sell at your own risk.

1 week ago

Interesting. From the 2023 report, knm still has a lot of properties worth millions.
With the exception of italy which they have just sold off, the rough total value is rm638mil.

Rough calculation
638mil/4045 shares= 0.157c
Properties alone is worth 15 16c for knm shares.
Of course not including debt, cash or IP....
No wonder german guy so interested last time eh?

1 week ago

TheEqualizer

I am beginning to think german sausage should really take over.
This management is really dang slow in implementing reforms.
Sell thai assets? 18 months dy Still cannot find buyer ar?
No buyer for uk peterborough? No way la.
U believe ka.
I for one wont vote on their resolutions.

Knm need new blood dy. Sheesh

1 week ago

RedEmperor

why have to sell peterborough and thai ethanol, they are both good assets. Once money come in from the borsig listing, these two promising assets would be able to generate profitable income. The Thai factory went into disarray all because of nepotism(you know I know everyone know who this giver and who the receiver were) having a novice in charge.

1 week ago

TheEqualizer

the Annual report 2023 did mentioned about monetising the thai and uk assets. This means to sell them. begs to question why after 18 months still nothing?
btw the uk asset is only an empty land. or someone knowledgeable can help enlighten us.
This management is slow.....very slow.
Thats why German should come in. We need new blood

1 week ago

KW L

KPMG gives disclaimer of opinion.

1 week ago

The best AR ever seen 🤣🤣🤣

1 week ago

I kinda regret voting for them last year when german guy was contesting.
This management seems to have no urgency at all...

Regret...

1 week ago

11395861

Congrats Mr Sardine......provocation n prooaganda....last touch PN 17

6 days ago

Mana Sardine, lamo tak koman???😁

5 days ago

jenabchen123

Ayo... Ini kaunter, longkang mahu pegi ka??

3 days ago

Here we go with KNM! AGM time again. Probably the last one this time. Tunku Dato’ Yaacob Khyra (TY), KNM's Chairman, and his syndicate of crooks cheated the last EGM and lost the election by more than 10%. But it does not seem to matter to anyone. I wonder what he is hiding inside of the KNM Books and records that he needs to take such risks?

Most of us knew TY would cheat the moment the details of the EGM emerged. German investor Andreas Heeschen made a well-intentioned yet naive attempt to salvage KNM, only to be outmaneuvered by TY’s manipulations, leaving the foreign investor wary of further Malaysian ventures. Instead of manning up and taking action, Heeschen went back to Germany with his tail between his legs. The German attempted to take over KNM with the wrong type of EGM enabling TY to activate his cheating.

A police report was made and an investigation has been underway for some time, 100’s of shareholders has been interviewed. KNM staff members, the Group CEO along with the COSEC have been remanded and questioned by Bukit Aman Commercial Crime Investigation Department (CCID). We all know how long it can take for Justice to be served in Malaysia if at all.

3 days ago

Likely TY and his syndicate alongside the trusty former MAA CEO, now CEO of Bursa Datuk Muhamad Umar Swift have slowed the process and have manipulated the system. It is hard to say if justice will prevail and charges will be made against those involved in the fraudulent voting and forged proxy forms.

I just found a story from March that explains many of the details. With Swift as CEO of Bursa, we know, as usual, nothing will happen to TY even if he is caught red-handed. The third-tier prince from Negeri Sembilan has a long history of intimidation and paid connections that should allow him to successfully escape from liability. However, in recent times, it is rumored that TY has failed to deliver promises to most of his followers requiring him to prepay for his corruptions.

3 days ago

Maybe that is why MAA had to loan KNM 2.1 million to pay KNM's CEO Ravindrasingham Balasingham (Ravi) salary. After all, someone will have to become the fall guy! He certainly does not deserve such a salary, nor is he entitled to it. He is not qualified in the world of engineering as we all know. When it comes down to it, we know he will escape to the UK where he is a resident, and live happily after.

3 days ago

We can't forget that it was LSE who started the downfall of KNM with his ESOS games, insider trading, and illegal corporate activities. He brought TY to KNM when he and his family was ousted by shareholders and the authorities. Is it not hard to connect the dots when you learn that TY obtained his controlling shares from LSE in an off-market deal when he took control over KNM. Until these crooks are removed from KNM, it will do nothing but fail. nobody but other crooks will do business with KNM.

3 days ago

The AGM is upon us, but all we have is the ability to remove the crooks temporarily. We know the remaining board will just reappoint the same crooks back like they did with Steven Ho last year.

This management team does not know how to blow up a balloon let alone run a process equipment business. I see only a liquidation by creditors as a solution now. at least that would achieve about 50% on the dollar for creditors, but shareholders will be left with nothing.

Everyone should read the story, and be aware that TY and his buddies at MCMC may block access to it. So be prepared to use a proxy to access it.

https://infopulsetoday.com/tunku-yaacob-knm-vote-rigging-scandal/

3 days ago

How come AR and auditors never disclosed that the top management had been remanded and questioned by police????🤔🤔🤔

3 days ago

Practice Note 17 (PN17) company Ireka Corp Bhd said its wholly-owned Ireka Development (Terengganu) Sdn Bhd (IDTSB) and the unit's directors are being sued by the Employee Provident Fund (EPF) over unpaid contributions to the fund. The construction outfit said EPF is claiming a principal sum of RM50,196, representing total outstanding contribution from August 2023 to December 2023, along with dividends and late payment charges to be determined upon full settlement of the amount claimed. Ireka said there is no major financial impact from the lawsuit as the claimed amount has been recognised in IDTSB's financial

2 days ago

Woodswater

https://youtu.be/DhhxFCZJPvU?si=SBQnocgyT1D_LqHG

0️⃣7️⃣0️⃣5️⃣2️⃣4️⃣

2 days ago

I got a feeling some people and group wants to push knm price down to buy.

They sound very desperate.....oho

2 days ago

Adagold

Woodswater,

Your Youtube clip is true. Malaysia is anti-Israel and pro-Palestine. That's why German guy have no choice but to exit the Malaysian scene and give up KNM because he supply arms to Israel. Even Tengku or royal family don't want to associate themselves with him. Other influential bodies like police or MACC also stay away from him. He is no more a threat to Tunku Yaacob and his team. They all have to prove themselves now without German guy disturbing them. But time is running out. Their deadline and the AGM is coming very soon.

2 days ago

Woodswater

tx adagold as 🥇 price 📈

how is Borsig listing 🇸🇬 going ❓smooth ❓

1 day ago

11395861

The syndicate try push down price 0.05 cent.....buyback n run......are borsig listing at SGX.....no hope

1 day ago

Woodswater, any spin-off of Borsig to a public market has always been a joke played on shareholders by TY. A company that derives its revenues and income from Iran is not going to qualify on any public markets. you would have to be very dense to believe otherwise.

Adagold, I find nothing to support your story about the German supporting Israel. We all support the freedom of Palasinte as does the majority of the world's people. Just because someone once holds shares of a company that sells arms to the world's police forces does not mean that he or his old company supports Israel. That is like saying that we should ban all durian farms because they have been found in Israel. Provide real evidence and maybe I will support what now is just false propaganda pumped by losers like Ravi and Steve Ho.

If someone wants to take over KNM, I don't think they care if it is at .065 or .05. so this is also nonsense. if they want to take over, then just do so. I think all shareholders would welcome any alternative to the do-nothing useless corrupt team that is wrecking KNM now. I would vote for my grab driver over TY any day to fix KNM. At least we would have a chance to find a non-corrupt person to run the company.

TY is broken and can't digest KNM like he planned. He is in too deep to survive. He is too arrogant to ask for help. He is cheating to stay in control in hopes of recovering by finding a buyer and under-the-table money from some of KNM's assets. but we are all watching. He won't get away with anything. Creditors first, second the shareholders.

1 day ago

RedEmperor

The way @MacDee34 strung his arguments to put down TY clearly shows that he is nothing but a vengeful person. He accused TY of corruption but provide no hard evidences. Go to the police or the securities commission of Malaysia, these are the two bodies that has the power to investigate.

1 day ago

SGX6138

Woodswater,

All eyes are on Borsig listing in Singapore but unfortunately is delayed and most likely not able to meet its June deadline. Earlier suitors were the Singaporeans and Japanese but these have changed, causing more delay.

We all knew from the last EGM that KNM is a burning ship and Tunku and his team are trying to save it. At the moment things are still not going smoothly. I understand there could be a change of fortunes coming up by next week which will give back some confidence to investors. I am sitting back and crossing my fingers.

1 day ago

SGX6138

Yes, Red Emperor. It's a corporate game. If they have evidence they should just lodge a police report about any wrongdoing by the Tunku. There are legal avenues and also the MACC. If any party is not indicted we cannot simply accuse.

On the same note, Flavio and Terrence Tan have been indicted and investigated for corruption at KNM and will face and answer to their charges.

1 day ago

MACC hotline 1800 88 6000
PDRM 999

23 hours ago

Woodswater

https://youtu.be/-Od-_I7iz-4?si=Zld4XeTMS7Yor1lh

0️⃣6️⃣0️⃣5️⃣2️⃣4️⃣🇺🇲🚀

9 hours ago