KNM said its plan to monetise its assets will be accelerated under a disposal process based on a non-exclusive deal structure.
PETALING JAYA: Debt-laden manufacturer KNM Group Bhd
has reiterated that its creditors are working closely with the group’s board of directors to find a mutually acceptable resolution for the settlement of monies due to these respective lenders.
The group’s creditors include Credit Guarantee and Investment Facility (CGIF), Danos Ltd, TransAsia Private Capital Ltd (TA) and Bank of China (BoC).
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