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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR KNM GROUP BERHAD ("KNM" OR "THE COMPANY") PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER FROM HIGH COURT OF KUALA LUMPUR ORIGINATING SUMMONS NO. WA-24NCC-643-11/2023
KNM GROUP BERHAD
TypeAnnouncementSubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionKNM GROUP BERHAD ("KNM" OR "THE COMPANY") PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER FROM HIGH COURT OF KUALA LUMP
Reference is made to the Company’s announcement dated 31 October 2022 in relation to the admission of the Company into Practice Note 17, and the announcement dated 22 November 2023 in relation to the Restraining Order granted by the Kuala Lumpur High Court from 21 November 2023 to KNM Group Berhad and its subsidiary, KNM Process Systems Sdn Bhd pursuant to section 368 of the Companies Act 2016, for a period of 3 months. The Company wishes to announce that an ad interim Restraining Order that was