Posted by THE ROCK > 2 days ago | Report Abuse

A Takeover is good for KNM. If the takeover is succesful...Sultan Johor sister and this Flavio Porro will be managing KNM together with Billionaire guy from Germany. I am more confident seeing JOHOR SULTAN sister and Flavio Porro managing KNM. Just look at MAA guys, they are stripping KNM into pieces and they won't much left after all the selling in KNM.We as a shareholder will be doom. At least KNM will stand a chance if it fall back into the hands of people with experience in these Oil and Gas sector. Sometimes, people will pay to have some news printed so to misled people like us. Do think twice my brothers and sisters...just look at those MAA guys after taking over KNM, ....KNM landed in PN17...

Posted by doubleup > 2 days ago | Report Abuse

Looks like Flavio may be going to jail, based on latest reports. Now he's exposed and the commercial crime guys will be on his heels. Finally we know who is responsible for the havoc at KNM.

Posted by doubleup > 2 days ago | Report Abuse

KNM went into PN17 in November 2022 and was replaced by a new board. The company incurred losses close to 600m in Q4 2021, under Flavio's watch. Looking at the figures and performance alone, Flavio does not seem to be a good businessman. Like the Rick guy at GM, the chart will continue going down when these guys are in charge.

Posted by doubleup > 2 days ago | Report Abuse

Some people hope the new management Flavio, Andreas plus got Johor Sultan sister will make a good team. Now we know Flavio is a crook, Andreas is fake billionaire. They are making use of Johor Sultan sister prestige royalty to boost their game plan.

She is misled by these crooks just like earlier happened at AHB. Alex and gang took over last year and she helped to pump up to 30sen. Then they dumped to 12sen. Thereafter till today it's at 14sen.

The same thing will happen if she work with our two foreign guys.

They will just make her non-executive Chairman. Not likely she will put in money because she knows these two guys are just opportunists.

If AHB is an example, then the group will aim the KNM share back to zero and delisting due to PN17 failure.

Good luck to investors if they believe foreigners will be good for KNM.

Posted by Orson Chin > 1 day ago | Report Abuse

If u hav 1 share , u can vote it

Posted by OtisKL > 1 day ago | Report Abuse

@Woodswater - the right of voting at EGM is stipulated in the EGM Notice. Senang saja, kalau pegang syer sampai 11 Oktober, nama appear dalam register, boleh undi lar. 1 undi untuk 1 syer.

(ii) Please read and follow the procedures as set out in the Administrative Guide in order to register, participate and vote remotely via RPEV facilities.
(iii) A proxy may but need not be a member of the Company.
(iv) A member may appoint not more than two (2) proxies to attend and vote at the same meeting. Where a member appoints two (2) proxies, the appointments shall be invalid unless he/she specifies the proportion of his/her holdings to be represented by each proxy.
(v) Where a member of the Company is an authorised nominee as defined under the Central Depositories Act, it may appoint not more than two (2) proxies in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the said securities account.
(vi) Where a member of the Company is an exempt authorised nominee as defined under the Securities Industry (Central Depositories) Act 1991 which holds ordinary shares in the Company for multiple beneficial owners in one securities account (“omnibus account”), there is no limit to the number of proxies which the exempt authorised nominee may appoint in respect of each omnibus account it holds.
(vii) To be valid, the duly completed form of proxy must be deposited at the registered office of the Company at No. 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan not less than twenty-four (24) hours before the time for holding the meeting or any adjournment thereof. Alternatively, the Proxy Form can also be lodged electronically via “Boardroom Smart Investor Portal” at https://boardroomlimited.my not less than twenty-four (24) hours before the time appointed for holding the meeting. Kindly refer to the procedure for Electronic Lodgement of Form of Proxy from the Administration Guide for the EGM.
(viii) The instrument appointing a proxy shall be in writing under the hand of the appointer or of his/her attorney duly authorised in writing or if the appointer is a corporation, either under its common seal or under the hand of its officer or attorney duly authorised.
(ix) For the purpose of determining a member who shall be entitled to attend this EGM, the Company shall be requesting Bursa Malaysia Depository Sdn Bhd in accordance with Clause 78 of the Company’s Constitution and Section 34(1) of the Securities Industry (Central Depositories) Act, 1991 to issue a General Meeting Record of Depositors as at 11 October 2023. Only a depositor whose name appears on the Record of Depositors as at 11 October 2023 shall be entitled to attend, speak and vote at the said meeting or appoint proxy(ies) to attend, speak and/or vote on his/her behalf.
(x) Pursuant to Paragraph 8.29A(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, all resolutions set out in the Notice of the EGM will be put to vote by way of poll.

Posted by OtisKL > 1 day ago | Report Abuse

Voting by Poll. Every question submitted to a Meeting shall be decided by means of a poll. Every Voter shall have one vote in respect of each share represented or held by him. A Voter shall not be obliged to exercise all the votes to which he is entitled or to cast all the votes which he exercises in the same way.

Posted by Dawneagle > 1 day ago | Report Abuse

@cyrus

Company still PN17. Past few months the BOD is giving the same answer. There is no other place or new news on the regularisation plan.

AND

Even after this shake up, knm has yet to clarify on the current situations.

Posted by CyrusQ > 1 day ago | Report Abuse

Dawneagle

@cyrus

Company still PN17. Past few months the BOD is giving the same answer. There is no other place or new news on the regularisation plan.

AND

Even after this shake up, knm has yet to clarify on the current situations.

# Yes im concern about this , somehow bursa listing not up to date / not live.

Posted by supersaiyan3 > 1 day ago | Report Abuse

This T creates few accounts to bluff but seems like he got no money to top up.

I wonder why German has no reps here? Should let people hear their side of the story.

And German made no interview?

No shareholding +/- reporting from both sides....not even Lee/Gan.....so strange.....

Posted by CyrusQ > 1 day ago | Report Abuse

supersaiyan3

This T creates few accounts to bluff but seems like he got no money to top up.

I wonder why German has no reps here? Should let people hear their side of the story.

And German made no interview?

No shareholding +/- reporting from both sides....not even Lee/Gan.....so strange.....

# They should work together instead

Posted by maxwin69 > 1 day ago | Report Abuse

We only worry about fake news and not fake accounts. Flavio posted on other sites saying that he has already been re-appointed as director of new bod. Why the Italians and Germans not post here? Err... maybe they know this forum got the real news and facts?

Very few people know. Flavio is the classic example of the biting the hand that feed him. The founders Lee family appointed some staff to high posts and Flavio was one of them.
In fact they made Flavio one of the top guys. He in turn ousted Lee and family by blackmailing them. He never expected Tunku to step in to prevent the company from going straight down. And Tunku had his hands full trying to save the company up till now; he had no time to take action against Flavio and gang. Now Flavio is coming back to do it one more time. You can bet Tunku and team will defend to the utmost. We may be bilis and watching the show. But we are also patriotic and want to see justice for our fellow Malaysians.

Posted by CyrusQ > 1 day ago | Report Abuse

maxwin69

We only worry about fake news and not fake accounts. Flavio posted on other sites saying that he has already been re-appointed as director of new bod. Why the Italians and Germans not post here? Err... maybe they know this forum got the real news and facts?

Very few people know. Flavio is the classic example of the biting the hand that feed him. The founders Lee family appointed some staff to high posts and Flavio was one of them.
In fact they made Flavio one of the top guys. He in turn ousted Lee and family by blackmailing them. He never expected Tunku to step in to prevent the company from going straight down. And Tunku had his hands full trying to save the company up till now; he had no time to take action against Flavio and gang. Now Flavio is coming back to do it one more time. You can bet Tunku and team will defend to the utmost. We may be bilis and watching the show. But we are also patriotic and want to see justice for our fellow Malaysians.

# Fake new allow ?

Posted by pinetree88 > 1 day ago | Report Abuse

Supposedly KNM’s next court hearing on Sept 20, where it will seek an extension of the restraining order to facilitate its restructuring.
Didn't see any announcement by KNM ytd and today. Thought should have decision by ytd?

Posted by Cipta > 1 day ago | Report Abuse

Why only virtual EGM? Should give us chance to see the crooks.

Posted by Auntylee > 1 day ago | Report Abuse

What is the RO extension status? Kenapa tak ada pengumuman????
Ini panggil transparency ka?????

Posted by Auntylee > 1 day ago | Report Abuse

Maxwin69
Your sources is true?

Posted by CyrusQ > 1 day ago | Report Abuse

Woodswater

maxwin no gimmick

it is true

once 🇩🇪 taking control

delisted 💯 %

# Be wise what you talk la , if you were them will you go for something to be delisted ?

Posted by CyrusQ > 1 day ago | Report Abuse

Auntylee

Cyprus, soly, wa baca sampai form 3 saja. Tak pandai baca inglish

# Auntylee why sound so innocent haha .. i saw your history post .. doesn't seem like you.

Posted by CyrusQ > 1 day ago | Report Abuse

Auntylee

Cyprus, soly, wa baca sampai form 3 saja. Tak pandai baca inglish

# Auntylee why sound so innocent haha .. i saw your history post .. doesn't seem like you.

Posted by CyrusQ > 1 day ago | Report Abuse

haha .sometimes i dunno why and what you guys doing with many account with different name. Guys paid to here and comment and turn thing bad haha .

Posted by CyrusQ > 1 day ago | Report Abuse

https://klse.i3investor.com/web/cube/profile/Auntylee

🤣🤣🤣

Posted by pinetree88 > 1 day ago | Report Abuse

KNM broke 0.125. Looks like chance to test previous recent high 0.135 tmr.

Posted by Adagold > 1 day ago | Report Abuse

I also curious why online egm. So I call up to enquire.

It seems knm shareholders really too many. It will take a mini stadium for the event. Summore German guy want fast egm so that can quickly remove all directors. So not enough time arrange normal one. No choice online egm loh.

Posted by CyrusQ > 23 hours ago | Report Abuse

Adagold

I also curious why online egm. So I call up to enquire.

It seems knm shareholders really too many. It will take a mini stadium for the event. Summore German guy want fast egm so that can quickly remove all directors. So not enough time arrange normal one. No choice online egm loh.

# Upgrade la , trending all meeting with team viewer what ?

Posted by joni > 19 hours ago | Report Abuse

better removed all highly paid useless directors

Posted by maxwin69 > 19 hours ago | Report Abuse

Now they more pakai the Zoom or the Google Meet.

Posted by maxwin69 > 18 hours ago | Report Abuse

We are concerned about the RO. I heard it has been extended and they will announce soon.

Posted by Bullkobear > 18 hours ago | Report Abuse

At the hearing on 20 September 2023, the High Court of Kuala Lumpur extended the Ad Interim RO until the disposal of the RO Extension Application. The next hearing was fixed for 30 October 2023.

Posted by maxwin69 > 17 hours ago | Report Abuse

Next up is the EGM 16/10.

Posted by OtisKL > 17 hours ago | Report Abuse

Look at its financials, EPS june 2023 vs dec 2021, thats from -ve (17.58) to -ve (0.51), thats impressive performance by current management, changed since dec 2021era Flavio, now Ravi current management. Still a short journey to the finish line to turn around KNM, unlocking its assets' true value is the pinacle of this current management (not by disposals, but revivals, restoring confidence, bringing in more competent experts to assist, and listings). The share price will hover between 35sen to 50sen. From there, its future is up and up... Until another hostile takeover or complacency sets in. 😂

Posted by OtisKL > 17 hours ago | Report Abuse

If the financials isnt showing good progress with concrete plans and implementations in place, as well as support from the creditors to recover their monies, the courts wouldnt have extended as maxwin69 said. There are many PN17 big companies have plans rejected and got delisted the past few weeks. Assuming new board takes over, and new management formed, it has to start all over again, these 2 years wasted for bilis like us, and eventually little monies got burned and forgotten.

Posted by OtisKL > 17 hours ago | Report Abuse

Irony is both battling parties not mopping up the open market, price not breaking the 13sen level yet. I was anticipating the price rally to reach 35sen leading to the EGM date. Perhaps both waiting for their month end salaries...to buy more. 🤣😂😀😅

Posted by speakup > 9 hours ago | Report Abuse

Reason is PN17 bro. If one party mop up and the company get delisted by bursa then how? That's why neither want to risk it

Posted by SGX6138 > 7 hours ago | Report Abuse

No choice we gotta stick with T because Flavio don't know how to run the business. His performance track record and the financials are so bad. He is a lawyer clever to talk.

Same like that Rick guy at GM, biggest company in the world. For 10 years prior to 2009, GM share price went down steadily at $10 per year. It started at $100 and after 10 years, in 2009, it went to zero and GM went bankrupt.

Posted by beluga > 7 hours ago | Report Abuse

i dont think TY is any better. Just look at MAA share price.

Posted by Ninja _07 > 7 hours ago | Report Abuse

High court granted extension for its RO proves the court considered KNM good position to pay its creditors.

Posted by Ninja _07 > 7 hours ago | Report Abuse

Broke 0.125 .. next stop is 0.165

Posted by bullrun168 > 6 hours ago | Report Abuse

Horrey, Super damn hot KNM today !
Now KNM already at 0.13 (+0.01) (+8.3 %)

Posted by Squirtle > 6 hours ago | Report Abuse

I am agree w German
I is will help German

Posted by UpUpRocket > 6 hours ago | Report Abuse

Big volume transacted but sp didn't jump up. Many people wondering why.

Me also bilis don't know what actually happening belakang. But I can make a good guess. It's the Cat vs Mouse play. Cat say to Mouse - you sell I buy, you buy I sell. Now Mouse is cornered and a bit stressed. Haha...

Posted by UpUpRocket > 6 hours ago | Report Abuse

If we jump in now and make big bet or sailang, maybe can get caught between the taikohs fighting. Careful ya, see properly then go in...

Posted by CyrusQ > 6 hours ago | Report Abuse

Well everything looks good all the way up 😎

Posted by CyrusQ > 6 hours ago | Report Abuse

Maintain till release from PN17.

Posted by warent > 5 hours ago | Report Abuse

100 days

Posted by beluga > 5 hours ago | Report Abuse

big volume to create a fictitious interest. so obvious syndicate ping pong each other.

Posted by CyrusQ > 3 hours ago | Report Abuse

warent

100 days

What 100 days ?

Posted by CyrusQ > 3 hours ago | Report Abuse

Woodswater

4️⃣ ：0️⃣
beluga
cyrus
Squirtle
🪵 💦

# Means ?

Posted by Woodswater > 2 hours ago | Report Abuse

supporters for 🇩🇪

Posted by CyrusQ > 8 minutes ago | Report Abuse

Flying to the moon ...!!!
Maintain the momentum