KNM’s indirect unit wins US deals


The supply and delivery duration are for 14 months from the date of the agreements, KNM said in a filing with Bursa Malaysia.

KUALA LUMPUR: KNM Group Bhd’s indirect wholly-owned subsidiary, FBM Hudson Italiana SpA (FBM), has entered into two agreements with Stamicarbon BV for the supply of a high-pressure carbamate condenser and stripper for a plant in the United States worth €6.14mil (about RM30.22mil).

The supply and delivery duration are for 14 months from the date of the agreements, KNM said in a filing with Bursa Malaysia.

“The transactions are expected to contribute positively to KNM Group’s earnings for the financial year ending Dec 31,2021 (FY21) and FY22, ” it added. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

Next In Business News

Petronas records net profit of RM10.5b for FY20 excluding impairments
Hong Leong Bank records higher operating profit in 2Q
Bintulu Port's net profit falls to RM93.3mil in FY20
MAHB records 4Q net loss of RM685.02mil
Guan Chong's FY20 net profit increases to RM223.19mil
SC launches capital market green financing series
FGV records highest positive financial performance in 5 yrs
RHB posts FY20 net profit of RM2.03bil, proposes div of 7.65 sen/share
Maxis posts RM319m net profit in 4Q, RM1.38b in FY20
Alliance Bank posts Q3 net profit of RM100.46mil

Stories You'll Enjoy


Vouchers