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
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