PETALING JAYA: Securing a RM2.2bil power plant project in Britain will boost KNM Group Bhd
's order book to RM4.6bil, but the company will still have to address legacy issues in the next few years.
At an analysts' briefing recently, KNM said its poorer-than-expected performance in the fourth quarter of financial year (FY) 2009 was attributed mainly to provisioning for foreseeable losses in its operations in Brazil, Canada and Indonesia, coupled with a revaluation of the group's Canadian properties.
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