KUALA LUMPUR (AFX-ASIA) – KNM Group Berhad said its wholly-owned unit KNM International Sdn Bhd (KNM) has agreed to buy from FBM-Hudson Italiana SpA a 50% stake in FBM manufacturing plant in Jebel Ali Free Zone, Dubai (FBM-KNM FZCo) for 10 million euro in cash. (US$1=0.83 Euro). KNM is one of the leading process equipment…
MALAYSIA: KNM Group plans purchase of FBM-Hudson; SAAG aims for major share of RM240 billion oil, ga
Posted on June 2, 2004 by EnergyAsia