ABOUT nine years ago, KNM Group Bhd
chief executive Lee Swee Eng (pic) was easily worth more than RM2bil on paper. That was the time when KNM, a manufacturer of process equipment for the oil and gas (O&G) industry, was the darling of the O&G run and in the news almost every week.
At its height in 2007, the company’s market capitalisation was about RM8bil. His stake of about 26% in the company propelled Lee into Malaysia’s billionaire list.
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