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News Coverage


15.10.23    Top 8 reasons why KNM shareholders must vote for existing board at tomorrow’s EGM
THE KNM Group Bhd board would like to thank all shareholders and stakeholders who have pledged their support to us in accordance with our strongly formulated turnaround plan for the group.
Heading towards the anticipated extraordinary general meeting (EGM) tomorrow (Oct 16), we would like to petition the top eight reasons to reflect as you cast your vote:


12.10.23    Puzzling questions on KNM’s takeover attempt that shareholders must ask themselves before Monday’s voting
THE takeover investors’ investment in KNM Group Bhd shares is minimal – perhaps just suffice to enable them to call for an extraordinary general meeting (EGM) this coming Monday (Oct 16) at much lower prices.
When serious investors like Datuk Seri Mahmud Abu Bekir Taib invest in KNM to show their support to current chairman Tunku Datuk Yaacob Khyra, the takeover investors claim falsely that the son of the Sarawak Governor Tun Abdul Taib Mahmud had invested to support their takeover efforts.










12.11.22    KNM: PN17 status not a cause for concern
Once touted as the darling of investors, KNM Group Bhd finds itself in the league of distressed companies after it slipped into the Practice Note 17(PN17) category. Its shares punged to five sen each, current liabilities have exceeded current assets and the group foresees itself returning to profitability only in the next "two to three years".


16.12.22    KNM's board gives nod to Borsig's listing in Singapore, eyes market cap of up to US$300 mil
KNM Group Bhd plans to list its indirect wholly-owned subsidiary Borsig GmbH on the Main Board of the Singapore Stock Exchange Securities Trading Ltd (SGX-ST) by way of an initial public offering (IPO), with a view of achieving a market capitalisation of up to US$300 million and a placement of 49% of the enlarged capital comprising vendor and/or new shares.










The Board of Directors (“Board”) of KNM Group Berhad (“KNM”) wishes to announce that KNM and its subsidiaries (“KNM Group”) plan to initiate the following corporate exercises (“Corporate Exercises”), which have been identified as the most suitable measure to enhance its financial position and accelerate future growth.


20.09.21    KNM appoints former FT minister as non-executive chairman
KNM Group Bhd has appointed former federal territories minister Tan Sri Dr Zulhasnan Rafique as its non-executive chairman, following the resignation of his predecessor Datuk Ab Halim Mohyiddin in June this year.










16.06.17    KNM's Thai plant to start production next month
Process equipment manufacturer and energy firm KNM Group Bhd's bioethanol plant in Thailand is expected to start its commercial production next month and is projected to contribute positively to the group's top line, moving forward.










11.10.16    KNM plans to have a recurring income stream
Process equipment manufacturing, engineering and construction group KNM Group Bhd aims to derive at least 30% of its income from recurring jobs by 2019.


11.10.16    KNM target 30% recurring income contribution by 2019
KNM Group Bhd aims to grow sustainable recurring income contribution to 30% by 2019, driven by its venture into Thailand's renewable energy sector through its unit there, Impress Ethanol Co Ltd (IEL)


23.06.16    KNM rides on green energy
GREEN is the new black for KNM Group Bhd. The oil and gas (O&G) downstream player, which specialises in process-equipment manufacturing, is rewriting its growth story by transforming into a renewable energy major.


17.06.16    KNM to widen recurrent revenue base
Downstream oil and gas player KNM Group Bhd said it is focusing on improving its income base to generate more recurrent revenue amid an uncertain global economic environment.


17.05.16    Strong contract flows for KNM from Rapid
KNM Group Bhd has announced receipt of contract from Tecnicas Reunidas SA for works totalling US$23.2 million (RM93 million). The contract works are for the fabrication of high-thick-ness vessels and high-thickness columns. These vessels and columns are to be used for the refinery and petrochemical integrated development (Rapid) project in Pengerang.


28.03.16    KNM delivers three large columns to Petronas' RAPID
KNM Group Bhd's unit KNM Process Systems Sdn Bhd has delivered three large columns for the Petroliam Nasional Bhd's (Petronas) refinery and petrochemical integrated development (RAPID), marking the first of its kind at the project job site in Pengerang, Johor.


24.03.16    KNM-Ho Hup JV bags RM57.7m Rapid job
KNM Group Bhd’s 50% joint venture with Ho Hup Construction Co Bhd has accepted a sub-contract job from Sinopec Engineering Group Malaysia Sdn Bhd (SEGM) worth RM57.7 million.


11.03.16    KNM, Ho Hup set up JV to undertake contract jobs
KNM Group Bhd and Ho Hup Construction Co Bhd have set up a joint venture (JV) called KHH Infrastructures Sdn Bhd to bid for selective engineering, procurement and construction projects in Malaysia and elsewhere.










27.10.15    KNM clinches RM268.4mil Cypark contract
KNM Group Bhd’s wholly-owned subsidiary, KNM Process Systems Sdn Bhd, has signed an agreement with Cypark Sdn Bhd worth RM268.38mil to undertake engineering, procurement, construction and commissioning (EPCC) works.


08.10.15    KNM unit wins RM581mil UK job
KNM Group Bhd’s unit KNM Process Systems Sdn Bhd has been awarded a contract for the engineering, procurement, construction and commissioning of a waste-to-energy facility at Beddington Lane, Croydon, United Kingdom, from Drenl Ltd.


11.09.15    KNM's unit bags Pengerang Integrated Complex job
KNM Group Bhd said its 70%-indirectly-owned joint venture (JV) company, CNI Engineering & Construction Malaysia Sdn Bhd (CNIEC), had been awarded a US$42 million (RM182.7 million) contract for works related to Petroliam Nasional Bhd’s Pengerang Integrated Complex (PIC).


05.09.15    Lee's cautious approach helps KNM ride out storm
Executive director and CEO is in overdrive mode but more disciplined after having learnt his lesson in 2008










22.12.10    KNM secures RM2bil biomass contract in UK
Oil and gas process equipment maker KNM Group Bhd's wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS) has secured a £450mil (RM2.196bil) engineering, procurement, construction and commissioning (EPCC) contract for a biomass and waste recycling centre project in England.


15.12.10    KNM forms JV with Sabah state unit
Process equipment maker KNM Group Bhd has formed a strategic collaboration with a Sabah state-owned unit to offer support services to oil and gas (O&G) majors operating there.


02.12.10    KNM forms joint venture in South Africa
KNM Group Bhd's wholly owned-subsidiary, KNM International Sdn Bhd, has entered into a shareholders agreement with Aveng (Africa) Ltd set up a joint-venture company in South Africa.


19.11.10    KNM unit wins US$216m Uzbek contract
KNM Group Bhd's wholly-owned unit KNM Process Systems Sdn Bhd (KNMPS) has won a US$216 million (RM676 million) bid in relation to the development of gas condensate fields in the Republic of Uzbekistan from Lukoil Uzbekistan Operating Co.


09.07.10    KNM secures RM288.8m orders
KNM Group Bhd companies have secured new order totalling about RM288.8 million.


11.08.09    The EDGE™ - Bursa Malaysia Kuala Lumpur Rat Race® 2009


25.06.09    KNM mulls M&As to move up value chain
KNM Group Bhd is "continuously looking" for merger and acquisition (M&A) opportunities, says group managing director Lee Swee Eng.


29.05.09    KNM Group earnings soar 82%
KNM Group Bhd's net earnings soared 82% to RM98.45mil in the first quarter ended March 31 from RM54.1mil a year ago, as turnover climbed 58% to RM525mil versus RM331mil previously.


28.05.09    KNM sees signs of demand pick-up after oil rally
KNM Group Bhd, Malaysia's biggest publicly traded oil and gas services provider, said there are signs demand is picking up after a crude-price rally triggered a revival of exploration projects.


06.01.09    Opportunities in the Middle East
Process equipment maker KNM Group Bhd managing director Lee Swee Eng shares his views on what lies ahead for his company and the industry


13.10.08    KNM sticks to target despite slowdown
When the storm hits, many lose sight of the road ahead. The same, perhaps, could be said of investors in KNM Group Bhd, which was one of the most heavily traded stocks on Bursa Malaysia in the last couple of weeks.

09.10.08    KNM in oil and gas tie-up with French firm
KNM Group Bhd experts its newly formed joint-venture company KPN Gas Technology Sdn Bhd to generate US$30mil to US$50mil in revenue within the next two years, says group managing director Lee Swee Eng.

29.09.08    KNM: Managing GROWTH
In the past two years, KNM has been the darling of the oil and gas sector. But its fast expansion has invited scrutiny, especially when it acquired a large German company for RM1.7 billions. Group managing director Lee Swee Eng, however, is optimistic the company can take things in its stride.

06.09.08    KNM unit in JV pact with Prosernat
KNM Group Bhd subsidiary KNM Process Systems Sdn Bhd and Paris-based Prosernat are forming a joint-venture company to provide process technologies, engineering, procurement, construction, commissioning, start-up, operation and maintenance for field gas separation and gas treatment facilities.

07.08.08    KNM bags RM463m worth of orders
KNM Group Bhd has secured overseas and local oil and gas-related orders totaling RM463 million from international clients.

31.03.08    KNM sees BORSIG as a jewel in the crown
KNM Group Bhd believe German-based process equipment manufacturer BORSIG Beteiligungs-verwaltungsgesellschalf GmbH could become the group's jewel in the crown.

31.03.08    Analysts: Acquisitions will contribute positively to group
KNM Group Bhd's share price has slipped more than 30% year-to-date but group managing director Lee Swee Eng remains unfazed as "fundamentals have not changed".

28.03.08    KNM purchase of German firm by mid-year
KNM Group Bhd expects to complete its RM1.7bil acquisition of Germany's Borsig Beteiligungsverwaltungsgesellschalf mbH by middle of this year, group managing director Lee Swee Eng said.

10.03.08    Analysts bullish on KNM's Borsig deal
KNM Group Bhd's proposed buy of fellow process equipment giant Borsig BBetv mbH has been given the thumbs up by industry analysts who have revised upwards KNM's forcast net profit for fiscal 2008 and 2009 by 20% and 60% respectively.

04.03.08    KNM pays cash for Borsig
KNM Group Bhd yesterday announced a 350 million euros (RM1.7bil) cash deal to acquire Berlin-based process equipment maker Borsig and its group of companies.

21.02.08    KNM moves to new level
KNM Group Bhd is banking on new and advanced technologies to take the company to the next level.

13.02.08    KNM unit in technology deal
KNM Group Berhad's wholly-own subsidiary, KNM Process Systems Sdn Bhd (KNMPS), has entered into a Memorandum of Agreement (MOA) with David K Stevens (DKS), a patent holder for sulphur removal and recovery technology for oil and gas applications, with over 20 years experience.

05.02.08    KNM to raise RM2.2 billion
Process equipment maker KNM Group Bhd has proposed to raised up to RM2.2bil to increase its available funds for potential strategic acquisitions and for working capital.

30.01.08    KNM bags RM185m new jobs
KNM Group Bhd has secured RM185 million worth of new overseas projects through four of its subsidiaries.

10.01.08    KNM plans to buy Ellimetal
Process equipment manufacturer KNM Group Bhd is proposing to acquire 100% equity interest in Ellimetal NV for 20 million euros.



07.12.07    KNM to buy rival for RM2bil
Process equipment maker KNM Group Bhd is seeking to acquire a foreign rival early next year in a deal worth some RM2bil, according to analysts who attended the company's briefing on Wednesday.

07.12.07    KNM eyes high-end process equipment firms
KNM Group Bhd is eyeing a high-end process equipment company which could boost its bottomline by RM200 million and its revenue by RM1 billion, according to OSK Investment Research.

23.11.07    KNM eyes high-end process equipment firms
KNM Group Bhd’s third quarter net profit surged 115% to RM61 million boosted by the sharp increase in projects secured, with bulk of the earnings from local operations, and the company expects the financial results for this year to exceed that of 2006.

05.09.07    KNM plans to buy Pieces
KNM Group Bhd plans to acquire 100% stake in Pieces Engineering Sdn for RM50mil cash, it told Bursa Malaysia.

26.07.07    KNM eyes renewable energy jobs overseas
KNM Group Bhd is eyeing jobs to build renewable energy facilities overseas after securing its first contract at home, managing director Lee Swee Eng said.

12.07.07    KNM units get RM256mil orders
KNM Group Bhd said its three units have secured new orders worth about RM256.1mil from international clients.

01.07.07    KNM among consistent performers in first half
KNM was one of the most consistent performers on the stock exchange in the first half, with positive developments unfolding early in the year when its subsidiary KNM Process Systems Sdn Bhd signed a deal to buy Australia-based Hudson Products Pacific Pty Ltd.

29.06.07    KNM to ramp up capacity
Process equipment maker KNM Group Bhd will spend RM130mil this year and similar amount in 2008 to ramp up the manufacturing capacity of its facilities.

21.05.07    KNM to boost production capacity
KNM Group Bhd, an industrial process-equipment maker, says its production capacity will rise by more than half in fiscal 2007 and plans are intact to tap new buyers in the biofuel sector.

23.04.07    KNM shareholders make hefty gains
When the oil & gas play started on Bursa Malaysia four years ago, KNM Group Berhad wasn't among the favourite stock picks.

13.04.07    KNM sets up plant in Saudi
KNM Group Berhad is setting up a manufacturing facility in Saudi Arabia - to feed the demand boom for oil & gas equipment in the Middle East.

23.03.07    KNM to spend RM50mil on Canada ops
KNM Group Bhd expects to spend RM50mil to RM60mil in capital expenditure over three years for its oil sand business in Canada.

20.03.07    Malaysia ranked 19th most globalised country
Malaysia's strong linkages with the global economy has earned it top marks among the most globalised countries.

09.03.07    Analysts give oil and gas sector top marks
With oil and gas counters among the fastest recovering stocks in the market after the recent sell-down, the booming sector remains favorable to analysts.

20.01.07    Uptrend to continue
Market watchers say the KL Composite Index is likely to renew its effort to overcome the crucial resistance level of 1150 this week.

18.01.07    KNM moving into Canada
KNM Group Berhad sees huge potential in Canada's oil sand industry, said group managing director Lee Swee Eng.


09.10.06    Brokerages name their picks
TA Securities prefers selected medium to small-caps stocks like KNM Group Berhad.

26.09.06    KNM sees annual growth of 30%
KNM Group Berhad expects an annual average organic growth of 30%, said managing director Lee Swee Eng.

09.09.06    KNM asked to consider 'capacity booking'
KNM Group Bhd said several customers have asked it to consider “capacity booking”, given the foreseeable shortage in the supply of process equipment after 2008, managing director Lee Swee Eng said.

24.08.06    KNM Q2 profit up to nearly 500% to RM59m
KNM Group Berhad expects its revenue to double this year on the back of increased order book, enhanced presence in the Middle East and China, and plant expansion activities.

11.07.06    KNM identifies growth areas
KNM Group Bhd believes that the power, palm oil and biomass industries are potential growth areas for the company.

29.06.06    KNM expects revenue to double this year
KNM Group Berhad expects its revenue to double this year on the back of increased order book, enhanced presence in the Middle East and China, and plant expansion activities.

21.06.06    Oil and gas companies to benefit from new discoveries, high prices
Oil and gas companies in Malaysia stand to benefit from the continued bright prospects for the sector as new discoveries and high oil prices lead to more jobs and contracts for their services.

17.06.06    Oil & gas sector
Most oil & gas related-stocks have delivered impressive total returns year to date in 2006 with KNM Group Berhad taking the lead (total returns of 59%).

17.06.06    Right on track
With an effective global strategy in place, KNM Group is expected to record significant earnings growth.

13.06.06    Analyst upbeat on oils & gas
The outlook for oil and gas companies remains bright as they enjoy further growth on the back of new and extended contracts, continued high oil prices and capacity expansion, local research houses said.

05.06.06    High energy results from oils company
KNM Group Bhd is one of the most closely watched oil service companies. The reason for that is it has been one of the best performing oil stocks.

03.04.06    KNM to tackle new market
KNM Group Bhd is taking small steps to achieve its target of a 3% global market share of the annual RM74 billion oil, gas and minerals process equipment manufacturing sector by 2010.

15.02.06    Flow of global jobs boosts KNM
KNM Group Bhd is living up to its reputation as a rising global process equipment player.



30.09.05    KNM produces largest process tanks for Alcan
EQUIPMENT process manufacturer KNM Group Berhad, through its wholly-owned subsidiary KNM Process Systems Sdn Bhd, has successfully produced its first three units of Ferrosilt Washer Tanks for the Alcan Gove alumina refinery in Australia’s Northern Territory.

24.05.05    KNM to increase Chinese investments
Process equipment manufacturer KNM Group Bhd (KNM) is increasing its investments In China from US$6.2 million to US$18.8 million (US$1=RM3.80) to expand the group’s operations there.

01.12.04    KNM to expand into Indonesia
EQUIPMENT process manufacturer KNM Group Berhad, through its wholly-owned subsidiary KNM Process Systems Sdn Bhd, has successfully produced its first three units of Ferrosilt Washer Tanks for the Alcan Gove alumina refinery in Australia’s Northern Territory.

06.10.04    KNM eyes West Asian market
KNM Group Bhd, a manufacturer of process equipment for the petrochemical industry, expects to secure more orders from West Asia after completing the acquisition of a 50% stake in a Dubai-based plant owned by FBM-Hudson Italiana SpA (FBM) of Italy.

05.10.04    KNM clinches RM41m new orders
SECOND Board-listed KNM Group Bhd (KNM) has secured RM41 million new orders in the past two months from domestic and international clients for oil, gas and petrochemical projects located in Bintulu, China, Qatar, Nigeria and the Philippines.

23.07.04    KNM expects RM50m sales from China
KNM Group Bhd, a manufacturer of process equipment for the petrochemical and oil and gas industry, expects its China plant to post a turnover of RM50mil next year.

12.07.04    KNM on capacity expansion drive
PROCESS equipment maker KNM Group Bhd is on an expansion drive to increase its installed annual manufacturing capacity by at least 60% to 46,500 tonnes by the end of next year

03.07.04    Sizzling global expansion
KNM Integrated oil and gas process equipment manufacturer, KNM Group Bhd, is on an aggressive global expansion plan, spreading its wings to China and the Middle East.

18.06.04    KNM confident of getting more jobs in China
KNM Group Bhd is confident of securing contracts to supply process equipment to China's fast expanding petrochemical, and oil and gas industries. Managing director Lee Swee Eng said the company had already built a reputation as a producer of quality process equipment in China.

22.05.04    KNM: Oil price rise to benefit industry players
KNM Bhd, a process equipment manufacturer for the oil, gas and petrochemical industries, is confident that the current rise in oil prices will benefit those involved in the industry.

12.08.03    KNM fetches 103% premium on second board debut
KNM Group Berhad made an outstanding debut on the KLSE second board yesterday, opening at RM3 for a 103% premium to its initial public offering price (IPO) of RM1.48.

11.08.03    KNM has the right skills
KNM Group Berhad started business 12 years ago, sparked by a chance meeting between founders Lee Swee Eng, an engineer in the oil and gas industry, and Datuk Rani Mohd Razalli, a retired customs official.

09.08.03    China plant gives KNM an edge
KNM Group Berhad's strongest attraction is probably the tremendous potential the Chinese market provides this manufacturer of process equipment for the oil and gas sector.

17.07.03    KNM eyes global market
Process equipment manufacturer, KNM Group Bhd en route to a KLSE second board listing, plans to become an international player in the manufacture of exotic material-based equipment this year, said executive chairman Datuk Abdul Rani Mohd Razalli.

10.07.03    KNM to focus on exports
Process equipment maker, KNM Group Bhd will focus on expanding its export markets to generate future income.

07.07.03    Booming oil industry to fuel KNM growth
KNM Group Bhd, en route for a listing on the KLSE second board, is confident that the booming oil, gas and petrochemical industries will play an important role in the company's growth and expansion plans.

04.07.03    KNM sees 50pc revenue from China plant
KNM Group Bhd, which is en route to a second board listing August 13, expects its Changshu plants in China to contribute some 50 per cent to its turnover within the next two to three years.

30.06.03    KNM's winning combination
"It was a chance meeting 12 years ago," says Lee Swee Eng, managing director of KNM Group Berhad. He is describing how KNM Group was formed by him and Datuk Abdul Rani Mohd Razalli, the executive chairman.

19.06.03    KNM hopes to raise RM21 million from Initial Public Offering (IPO)
KNM Group Bhd, which is en route to a listing on the second board of the Kuala Lumpur Stock Exchange this year, expects to raise RM21 million from it' s initial public offering.

Twister- Supersonic Gas Solution
Twister Supersonic Gas Solution - 1st equipment delivered for Petronas/Sarawak Shell Berhad B11 Platform.

17.11.02    Storage Bullets Enter Record
Turnkey storage facility manufacturer KNM Steel Sdn Bhd scored another first by delivering the country's largest and heaviest mounded butane storage bullets...

11.04.02    KNM all set to expand into China's process equipment market
Process equipment maker KNM Steel Sdn Bhd (KNM) is set to expand into China's process equipment market for oil, gas and petrochemicals which is worth RM150 billion over the next 10 years

China Shop Ground Breaking Ceremony

21.11.01    Enterprise 50 Award
For KNM Steel Sdn. Bhd., its recent IT investment include Codeware's (www.codeware.com), Compress .......

30.10.01    KNM many firsts in Book of Records
It is not often that a company can lay claim to making an entry into the Malaysia Book of Records, but when one does, there is certainly much to be proud of.

30.10.01    Enterprise Award-winners Say It's All Due to their Employees
it's a rare honour for a company to receive recognition and be hailed as an outstanding performer ........

May/June 01    KNM Does Malaysia Proud
Malaysia company, KNM Steel Sdn. Bhd. (formerly known as KNM Steel Construction Sdn. Bhd.) were given the task of designing and building the three LPG horizontal mounded tanks for ........

22.05.01    Giant Bullet Tank Heads To Port For New Home & Book of Records For KNM Steel's Vessel
KNM Steel Sdn. Bhd., a Bumiputra process equipment and steel fabrication company has gained entry into the Malaysia Book of Records for .......

27.05.00    KNM eyeing more global business/Vision is on track
KNM, the process equipment manufacturer, is seeking to become a 'bigger' heavyweight Malaysia

12.05.00    KNM gets German certification for welding

2/2000    Ready for the International Market

October 1999    Encouraging Results

29.07.99    Petronas takes delivery of giant splitter