Japanese MNC likely eyeing KNM’s Borsig

Expansion plan: KNM’s bio-ethanol plant in Thailand. The group has plans to monetise its assets in the country and also its waste-to-energy power plant in the United Kingdom.

SOMETHING interesting is brewing in cash-strapped KNM Group Bhd.

Its chairman Tunku Datuk Yaacob Khyra, who was just last year entangled in a boardroom tussle against a German billionaire and a Johor princess, is busy accumulating KNM shares.