KNM, ADAP ink JV for oil, gas and petrochemical projects in Sarawak | Malay Mail

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KUALA LUMPUR, July 7 — KNM Group Bhd's (KNM) wholly-owned subsidiary, KNM Process Systems Sdn Bhd, has signed a joint-venture (JV) agreement with ADAP Capital Sdn Bhd to form a company to undertake oil, gas and petrochemical project in Sarawak. In a filing with Bursa Malaysia today, KNM said the...

Tuesday, 07 Jul 2020 08:03 PM MYT

In a filing with Bursa Malaysia today, KNM said the company would hold 51 per cent equity in the JV company while ADAP would hold the remaining 49 per cent.

 

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