KNM - News & Press Release


	KNM sees good growth for German environment business The Star - 22 April 2008, Process equipment manufacturer KNM Group Bhd sees growth potential for Borsig Beteiligungsverwal-tungsge-sellschalf mbH's environmental process equipment line of products although it will take time to grow the business.
	KNM sees Borsig as a jewel in the crown The Star - 31 Mar 2008, KNM Group Bhd believe German-based process equipment manufacturer Borsig Beteiligungsverwaltungsgesellschalf mbH could become the group's jewel in the crown.
	Analysts: Acquisitions will contribute positively to group The Star - 31 Mar 2008, 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".
	KNM purchase of German firm by mid-year The Star - 28 Mar 2008, 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.
	Analysts bullish on KNM's Borsig deal The Malaysian Reserve - 10 Mar 2008, 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.
	KNM pays cash for Borsig The Star - 4 Mar 2008, 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.
	KNM moves to new level The Star - 21 Feb 2008, KNM Group Bhd is banking on new and advanced technologies to take the company to the next level.
	KNM unit in technology deal The Malaysian Reserve - 13 Feb 2008, 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.
	KNM to raise RM2.2 billion The Star - 5 Feb 2008, 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.
	KNM bags RM185m new jobs The Malaysian Reserve - 30 Jan 2008, KNM Group Bhd has secured RM185 million worth of new overseas projects through four of its subsidiaries.
	KNM plans to buy Ellimetal The Star - 10 Jan 2008, Process equipment manufacturer KNM Group Bhd is proposing to acquire 100% equity interest in Ellimetal NV for 20 million euros.
	KNM to buy rival for RM2bil The Star - 7 Dec 2007, 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.
	KNM eyes high-end process equipment firms The Edge - 7 Dec 2007, 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.
	KNM eyes high-end process equipment firms The Edge - 23 Nov 2007, 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.
	KNM plans to buy Pieces The Star - 5 Sep 2007, KNM Group Bhd plans to acquire 100% stake in Pieces Engineering Sdn for RM50mil cash, it told Bursa Malaysia.
	KNM Group bida projek RM10 bilion Berita Harian - 26 Jul 2007, KNM Group Bhd sedang membida kontrak bernilai kira-kira RM10 bilion yang dijangka menawarkan kerja kepada kumpulan itu sehingga 2008.
	Mission bakal jadi pengeluar utama biodiesel Utusan Malaysia - 26 Jul 2007, Mission Biofuels Sdn. Bhd. (Mission Biofuels) akan melabur RM150 juta untuk membina sebuah loji biodiesel terbesar di negara ini yang mampu menghasilkan 250,000 tan bahan bakar itu setahun.
	KNM eyes renewable energy jobs overseas The Star - 26 Jul 2007, 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.
	KNM unit secure RM122mils Biofuel Job The Star - 25 Jul 2007, KNM Group Bhd said its wholly-owned subsidiary KNM Process Systems Sdn Bhd has secured an order worth RM122mil from Mission Biofuels Sdn Bhd for the construction of a biodiesel plant in Pahang.
	KNM units get RM256mil orders The Star - 12 Jul 2007, KNM Group Bhd said its three units have secured new orders worth about RM256.1mil from international clients.
	KNM among consistent performers in first half The Star - 1 Jul 2007, 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.
	KNM to ramp up capacity The Star - 29 Jun 2007, 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.
	KNM to boost production capacity Business Times - 21 May 2007, 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.
	KNM shareholders make hefty gains The Star - 23 Apr 2007, When the oil & gas play started on Bursa Malaysia four years ago, KNM Group Berhad wasn't among the favourite stock picks.
	KNM sets up plant in Saudi The Star - 13 Apr 2007, 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.
	KNM to spend RM50mil on Canada ops The Star - 23 Mar 2007, KNM Group Bhd expects to spend RM50mil to RM60mil in capital expenditure over three years for its oil sand business in Canada.
	Malaysia ranked 19th most globalised country The Star - 20 Mar 2007, Malaysia's strong linkages with the global economy has earned it top marks among the most globalised countries.
	Analysts give oil and gas sector top marks The Star - 9 Mar 2007, 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.
	Liquidity flow expected to remain intact The Star - 12 Feb 2007, Aseambankers Malaysia Berhad does not expect any "negative external triggers" in the short to medium term that could dry up liquidity in emerging markets such as Malaysia.
	Uptrend to continue The Star - 20 Jan 2007, Market watchers say the KL Composite Index is likely to renew its effort to overcome the crucial resistance level of 1150 this week.
	KNM moving into Canada The Star - 18 Jan 2007, KNM Group Berhad sees huge potential in Canada's oil sand industry, said group managing director Lee Swee Eng.
	Brokerages name their picks The Star - 9 Oct 2006, TA Securities prefers selected medium to small-caps stocks like KNM Group Berhad.
	KNM sees annual growth of 30% The Star - 26 Sep 2006, KNM Group Berhad expects an annual average organic growth of 30%, said managing director Lee Swee Eng.
	KNM asked to consider 'capacity booking' The Star - 9 September 2006, 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.
	KNM Q2 profit up to nearly 500% to RM59m The Star - 24 August 2006, 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.
	KNM identifies growth areas The Star - 11 July 2006, KNM Group Bhd believes that the power, palm oil and biomass industries are potential growth areas for the company.
	KNM expects revenue to double this year The Star - 29 June 2006, 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.
	Oil and gas companies to benefit from new discoveries, high prices New Strait Times - 21 June 2006, 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.
	Oil & gas sector The Star - 17 June 2006, 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%).
	Right on track The Star - 17 June 2006, With an effective global strategy in place, KNM Group is expected to record significant earnings growth.
	Analyst upbeat on oils & gas The Star - 13 June 2006, 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.
	High energy results from oils company The Star - 5 June 2006, 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.
	KNM to tackle new market The Sun - 3 April 2006, 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.
	Flow of global jobs boosts KNM The Star - 15 February 2006, KNM Group Bhd is living up to its reputation as a rising global process equipment player.
	KNM moves into latin America The Star- 24 November 2005, KNM group Bhd has allocated RM30mil to set up a factory in Brazil that will see it making a foray into Latin America said managing director Lee Swee Eng.
	KNM produces largest process tanks for Alcan New Strait Times - 30 September 2005, 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.
	KNM to increase Chinese investments The Star - 24 May 2005, 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.
	KNM to expand into Indonesia The Star - 1 December 2004, KNM Group Bhd, a manufacturer of process equipment for the petrochemical industry, expects to expand to neighbouring Indonesia by 2005.
	KNM eyes West Asian market The Star - 6 October 2004, 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.
	KNM targets up to 30pc sales growth New Strait Times - 6 October 2004, PROCESS equipment maker KNM Group Bhd is targeting 20-30 per cent sales growth next year on the back of its regional and product expansion
	KNM clinches RM41m new orders New Strait Times - 5 October 2004, 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.
	KNM expects RM50m sales from China The Star - 23 July 2004, 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.
	KNM on capacity expansion drive The Star - 12 July 2004, 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
	Sizzling global expansion The Star (Bizweek)- 3 July 2004, 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.
	KNM confident of getting more jobs in China The Star - 18 June 2004, 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.
	KNM: Oil price rise to benefit industry players The Star - 22 May 2004, 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.
	KNM fetches 103% premium on second board debut The Star - 12 August 2003, 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.
	KNM has the right skills The Edge - 11 August 2003, 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.
	China plant gives KNM an edge The Star - 9 August 2003, 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.
	KNM eyes global market The Star - 17 July 2003, 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.
	KNM to focus on exports New Straits Times - 10 July 2003, Process equipment maker, KNM Group Bhd will focus on expanding its export markets to generate future income.
	Booming oil industry to fuel KNM growth The Star - 7 July 2003, 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.
	KNM sees 50pc revenue from China plant New Straits Times - 4 July 2003, 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.
	KNM's winning combination The Edge - 30 June 2003, "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.
	KNM hopes to raise RM21 million from Initial Public Offering (IPO) New Straits Times - 19 June 2003, 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.
	Storage Bullets Enter Record Sunday Star - 17 November 2002, Turnkey storage facility manufacturer KNM Steel Sdn Bhd scored another first by delivering the country's largest and heaviest mounded butane storage bullets...
	KNM all set to expand into China's process equipment market New Straits Times - 11 April 2002, 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
	Enterprise 50 Award New Straits Times - 21 November 2001, For KNM Steel Sdn. Bhd., its recent IT investment include Codeware's (www.codeware.com), Compress .......
	KNM many firsts in Book of Records Business Times - 30 October 2001, 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.
	Enterprise Award-winners Say It's All Due to their Employees The Malay Mail - 30 October 2001, it's a rare honour for a company to receive recognition and be hailed as an outstanding performer ........
	KNM Does Malaysia Proud Hydrocarbon Asia - May/June 2001, 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 ........
	Giant Bullet Tank Heads To Port For New Home & Book of Records For KNM Steel's Vessel New Straits Times - 22 May 2001, KNM Steel Sdn. Bhd., a Bumiputra process equipment and steel fabrication company has gained entry into the Malaysia Book of Records for .......
	KNM eyeing more global business/Vision is on track KNM, the process equipment manufacturer, is seeking to become a 'bigger' heavyweight Malaysia - Business Times, 27 May 2000
	KNM gets German certification Malaysia - Business times, 12 May 2000
	Encouraging Results PETROMIN - October 1999 Vol. 25 No. 8
	Petronas takes delivery of giant splitter Malaysia - The Sun, 29 July 1999
	Ready for the International Market Malaysia - TUV Journal, 2/2000