Kanger International Berhad
1) Kanger International Bhd, an investment holding company, engages in the research, development, manufacture, and trade of bamboo flooring and related products in the People's Republic of China
2) It operates through 3 segments:-
a) Investment Holding
b) Manufacturing and Trading
c) Research and Development
3) It operates the business across North America, Europe and Asia
4) On 24/6/2020, Kanger International Bhd has been appointed as an authorised representative by Legasi Lestari Sdn Bhd for the export of river sand and other materials
5) With this appointment, Kanger is authorised to represent Legasi Lestari in negotiations with prospective customers with regards to the sale, supply and export of river sand and other materials, both in Malaysia and internationally
6) Legasi Lestari is one of 11 companies in Malaysia that holds registered approved permits (AP) to export river sand and other minerals to Brunei, China, Taiwan, South Korea, Vietnam, Hong Kong, India, Japan and the Maldives
7) The AP is issued by the Ministry of Energy and Natural Resources and is valid until July 2027
8) For a start, Kanger would focus on developing new sales channels and customers for the export of sand and other minerals from Malaysia to China and Hong Kong
9) Kanger and Legasi Lestari were working towards signing a more extensive joint-venture or collaboration agreement within 3 months from this appointment, which would focus on the financing and development of new mining concessions
10) On 1/7/2020, Kanger International Bhd is collaborating with Stoika Sdn Bhd to distribute long-lasting commercial antimicrobial coating solutions in Malaysia and overseas
11) Kanger signed a sub-distributor appointment agreement with Stoika for distribution in the Malaysian market, and also formed a joint venture collaboration with Stoika to distribute the solutions abroad
12) Kanger and Stoika will hold 51% and 49% equity stakes in the JV company, respectively. While Kanger will be a sub-distributor for the Malaysian market, the JV company will endeavour to act as a main distributor in other countries
13) Stoika is the exclusive distributor of SDPRO and SDST products in Malaysia, which are patented and cutting edge nanotechnology-based coating products
14) They have been proven to be highly effective in eliminating 99.99% of viruses, bacteria, fungi and mold, and are certified non-toxic and environmentally friendly
15) SDPRO is targeted for larger scale and commercial applications and has an efficacy period of 12 months after each application
16) SDST is more suited for personal usage, and is available in smaller bottles and is effective for 3 months after application
17) This collaboration opens up new opportunities for them to address what they see as an urgent global need for long-lasting antimicrobial solutions due to the COVID-19 pandemic. As countries all over the world are starting to gradually ease lockdown measures, businesses and governments will be looking for solutions to ensure the health and safety of their customers and employees. The long-lasting aspect is of paramount importance as the risk of recontamination is very high even with frequent cleaning using ordinary disinfectants, especially in high traffic locations
18) Currently, the products are being used in hospitals, universities and colleges, retail malls, office buildings, banks as well as airports in Malaysia, Singapore and around the world
1) Kanger International Bhd, an investment holding company, engages in the research, development, manufacture, and trade of bamboo flooring and related products in the People's Republic of China
2) It operates through 3 segments:-
a) Investment Holding
b) Manufacturing and Trading
c) Research and Development
3) It operates the business across North America, Europe and Asia
4) On 24/6/2020, Kanger International Bhd has been appointed as an authorised representative by Legasi Lestari Sdn Bhd for the export of river sand and other materials
5) With this appointment, Kanger is authorised to represent Legasi Lestari in negotiations with prospective customers with regards to the sale, supply and export of river sand and other materials, both in Malaysia and internationally
6) Legasi Lestari is one of 11 companies in Malaysia that holds registered approved permits (AP) to export river sand and other minerals to Brunei, China, Taiwan, South Korea, Vietnam, Hong Kong, India, Japan and the Maldives
7) The AP is issued by the Ministry of Energy and Natural Resources and is valid until July 2027
8) For a start, Kanger would focus on developing new sales channels and customers for the export of sand and other minerals from Malaysia to China and Hong Kong
9) Kanger and Legasi Lestari were working towards signing a more extensive joint-venture or collaboration agreement within 3 months from this appointment, which would focus on the financing and development of new mining concessions
10) On 1/7/2020, Kanger International Bhd is collaborating with Stoika Sdn Bhd to distribute long-lasting commercial antimicrobial coating solutions in Malaysia and overseas
11) Kanger signed a sub-distributor appointment agreement with Stoika for distribution in the Malaysian market, and also formed a joint venture collaboration with Stoika to distribute the solutions abroad
12) Kanger and Stoika will hold 51% and 49% equity stakes in the JV company, respectively. While Kanger will be a sub-distributor for the Malaysian market, the JV company will endeavour to act as a main distributor in other countries
13) Stoika is the exclusive distributor of SDPRO and SDST products in Malaysia, which are patented and cutting edge nanotechnology-based coating products
14) They have been proven to be highly effective in eliminating 99.99% of viruses, bacteria, fungi and mold, and are certified non-toxic and environmentally friendly
15) SDPRO is targeted for larger scale and commercial applications and has an efficacy period of 12 months after each application
16) SDST is more suited for personal usage, and is available in smaller bottles and is effective for 3 months after application
17) This collaboration opens up new opportunities for them to address what they see as an urgent global need for long-lasting antimicrobial solutions due to the COVID-19 pandemic. As countries all over the world are starting to gradually ease lockdown measures, businesses and governments will be looking for solutions to ensure the health and safety of their customers and employees. The long-lasting aspect is of paramount importance as the risk of recontamination is very high even with frequent cleaning using ordinary disinfectants, especially in high traffic locations
18) Currently, the products are being used in hospitals, universities and colleges, retail malls, office buildings, banks as well as airports in Malaysia, Singapore and around the world
KNM: Group founder Lee Swee Eng retires. KNM Group has announced that its founder and group CEO Ir Lee Swee Eng is leaving the company. Meanwhile, KNM has also announced the appointment of Tan Koon Ping as new group CEO effective July 9. On a separate development, KNM said wholly-owned subsidiary, KNM Process Systems SB, has signed a JV agreement with ADAP Capital SB to form a company to undertake oil, gas and petrochemical project in Sarawak. KNM said the company would hold 51% equity in the JV company while ADAP would hold the remaining 49%. (SunBiz)
KNM GROUP BERHAD
1) KNM Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing and construction services for the renewable energy, power, utilities, refining and petrochemical industries
2) The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson
3) It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures and buildings sectors
4) It also provides support services such as repairs, modification, maintenance, assembly and spare parts supply
5) KNM operates its business through 3 geographical segments i.e. Asia, Oceania and Europe, through which it generates significant revenues, and America
6) On 7/7/2020, KNM Group Bhd's wholly-owned subsidiary, KNM Process Systems Sdn Bhd, is forming a 51-49 joint venture (JV) company with ADAP Capital Sdn Bhd to participate in oil, gas and petrochemical projects in Sarawak
7) ADAP Capital is a bumiputera-controlled company which was incorporated in Sarawak and is principally involved in asset portfolio management, as well as investment and private equity matters
8) The scope of the JV company includes engineering procurement and construction for oil, gas and petrochemical plants, manufacture and supply for the relevant equipment for the plants as well as build, own and operate strategic projects
9) As for salient terms of the JV, it was stated that KNM shall be responsible for the business development with clients and state government of Sarawak to secure projects, while ADAP Capital shall be responsible for the technical proposal for the projects
10) On 7/7/2020 also, KNM said its founder and chief executive officer (CEO), Mr Lee Swee Eng has announced his retirement, with the group's chief financial officer (CFO), Mr Tan Koon Ping succeeding him
11) Meanwhile, Mr Lee's spouse, Madam Gan Siew Lit will be redesignated as KMN's executive vice chairman from her role of executive director
12) Rumour has it that Dato' Dr Ir TS Mohd Abdul Karim Bin Abdullah and Datuk Awang Daud Awang Putera (both founders of Serba Dinamik Holdings Bhd) are in talks with the major shareholder of KNM with the intention to takeover KNM
1) KNM Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing and construction services for the renewable energy, power, utilities, refining and petrochemical industries
2) The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson
3) It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures and buildings sectors
4) It also provides support services such as repairs, modification, maintenance, assembly and spare parts supply
5) KNM operates its business through 3 geographical segments i.e. Asia, Oceania and Europe, through which it generates significant revenues, and America
6) On 7/7/2020, KNM Group Bhd's wholly-owned subsidiary, KNM Process Systems Sdn Bhd, is forming a 51-49 joint venture (JV) company with ADAP Capital Sdn Bhd to participate in oil, gas and petrochemical projects in Sarawak
7) ADAP Capital is a bumiputera-controlled company which was incorporated in Sarawak and is principally involved in asset portfolio management, as well as investment and private equity matters
8) The scope of the JV company includes engineering procurement and construction for oil, gas and petrochemical plants, manufacture and supply for the relevant equipment for the plants as well as build, own and operate strategic projects
9) As for salient terms of the JV, it was stated that KNM shall be responsible for the business development with clients and state government of Sarawak to secure projects, while ADAP Capital shall be responsible for the technical proposal for the projects
10) On 7/7/2020 also, KNM said its founder and chief executive officer (CEO), Mr Lee Swee Eng has announced his retirement, with the group's chief financial officer (CFO), Mr Tan Koon Ping succeeding him
11) Meanwhile, Mr Lee's spouse, Madam Gan Siew Lit will be redesignated as KMN's executive vice chairman from her role of executive director
12) Rumour has it that Dato' Dr Ir TS Mohd Abdul Karim Bin Abdullah and Datuk Awang Daud Awang Putera (both founders of Serba Dinamik Holdings Bhd) are in talks with the major shareholder of KNM with the intention to takeover KNM
Vivocom ! share consolidation >??? ran ???!!! before back to 2 sen ?