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Knusford Bhd (KNUS.KL)

KNUS.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Arthaland signs construction services deal worth US$166 mln
Monday, 27 Feb 2017 01:12am EST 

Arthaland Corp : Signed an agreement with China Railway Dongfang Group and Knusford Bhd worth US$166.0 million for engineering, procurement and construction services .China Railway Dongfang Group And Knusford will form a joint venture company in the philippines to execute the EPC contract.  Full Article

Knusford bhd updates on material litigation
Friday, 25 Nov 2016 06:25am EST 

Knusford Bhd : Unit had served notice on Kinsteel and Kin Kee Marketing Sdn on 25 november 2016 for failing to deliver steel bars . Obligation to deliver steel bars forms part of the consent judgment entered into between kmksb, kinsteel and kin kee on 5 september 2016 . Kinsteel and Kin Kee are to pay a total sum of 2 million rgt . Board is of opinion that claim will not have any material adverse financial or operational impact given that agreement was carried out with KMKSB’s customer Source (http://bit.ly/2gogeDx) Further company coverage: [KNUS.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

More From Around the Web

BRIEF-Arthaland signs construction services deal worth US$166 mln

* Signed an agreement with China Railway Dongfang Group and Knusford Bhd worth US$166.0 million for engineering, procurement and construction services

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