KNM’s UK project takes shape after RM840mil bond issue

Lee: ‘We are in talks to explore opportunities from biomass.’

KUALA LUMPUR: Process equipment manufacturer KNM Group Bhd’s waste-to-energy project in UK is finally taking shape after it sets up a S$300mil (RM840mil) multi-currency bond.

In a rare meeting with the press, group CEO Lee Swee Eng said the medium-term notes that was announced last week would be used to fund its renewable energy ventures.