KNM plans corporate exercises to raise funds to enhance financial position, boost growth

KUALA LUMPUR: KNM Group Bhd and its subsidiaries have proposed to undertake five corporate exercises to raise funds to enhance their financial position and accelerate the group’s future growth.

In a filing with Bursa Malaysia today, the diversified multinational group said it planned to divest the equity interest and or assets in relation to the bio-ethanol plant in Thailand and energy plant in Peterborough, United Kingdom.