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KNM proposes private placement to raise RM168m to repay borrowings

KNM Group’s RM168M Private Placement: Gan Siew Liat’s Growing Influence Raises Concerns

KNM Group Bhd proposes a RM167.9M private placement, with half the shares offered to Executive Vice-Chairman Gan Siew Liat. This move, aimed at repaying loans and providing working capital, raises questions about insider influence and corporate governance at the company.
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