KUALA LUMPUR: KNM Group Bhd
‘s wholly owned subsidiary KNM Course of Programs Sdn Bhd has signed a RM20.7mil contract with Keppel Ship yard Ltd for the provision of a strain vessel.
It mentioned in a submitting with Bursa Malaysia that the length of the transaction is for a interval of about 12 months.
It mentioned the transaction is anticipated to contribute positively to KNM Group’s earnings for the monetary years ending Dec 31, 2021, and Dec 31, 2022.
At market shut, KNM’s shares had been 1.5 sen or 7.32% decrease at 19 sen per unit on the again of 86.97 million shares traded.
