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. (1euro=US$1.20). KNMI and FBM will also subscribe equally for a…
MALAYSIA: KNM unit to buy Italy’s FBN-Hudson 50% stake in Dubai plant
Posted on May 31, 2004 by EnergyAsia