KNM’s last gamble 


KNM Group Bhd’s largest shareholder, MAA Group Bhd, is not backing down.

Days after Bursa Malaysia rejected KNM’s plan to exit its Practice Note 17 (PN17) status, MAA – led by Tunku Datuk Yaacob Khyra – has called for an EGM to let shareholders vote on the sale of Deutsche KNM GmbH (DKNM) for €270mil (RM1.34bil).

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