<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 21): KNM Group Bhd's executive director Chew Fook Sin, and independent and non-executive director Datuk Seri Adnan Wan Mamat have resigned.</p></div>

<div class=newsTextDataWrapInner><p>Chew, 62, resigned to prepare for his eventual retirement from full-time employment, the group said in a filing to Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>He has been with the group since 1995 and was appointed executive director in June 2003.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Chew was primarily responsible for the engineering, procurement, construction and commissioning (EPCC) projects for the plant and technology division of the group," said KNM.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, the group said Adnan, 58, resigned to focus on his other personal commitments. He has been KNM's independent director since 2014.</p></div>

<div class=newsTextDataWrapInner><p>KNM is involved in process equipment manufacturing, provision of integrated solutions, project management, engineering and construction services for the renewable energy, power, utilities, refining and petrochemical industries.</p></div>

<div class=newsTextDataWrapInner><p>Its share price closed 0.5 sen or 2.44% lower at 20 sen with a volume of 1.74 million shares, bringing its market capitalisation to RM480.9 million.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (May 21): KNM Group Bhd's executive director Chew Fook Sin, and independent and non-executive director Datuk Seri Adnan Wan Mamat have resigned.

Chew, 62, resigned to prepare for his eventual retirement from full-time employment, the group said in a filing to Bursa Malaysia...

Two directors of KNM Group resign

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<p>Sabah has lost an experienced and exceptional leader with the passing of Parti Bersatu Rakyat Sabah (PBRS) founder Tan Sri Joseph Kurup, says Chief Minister Datuk Seri Hajiji Noor.</p>

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<p>Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.</p>


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<p>Gold prices may correct amid potential delay in the anticipated rate cuts by the US Federal Reserve, Philip Capital warned on Thursday and advised investors to stop buying Malaysia’s sole gold exchange-traded fund (ETF).</p>


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<p>Feytech Holdings Berhad (Feytech) has entered into an underwriting agreement with TA Securities Holdings Berhad and AmInvestment Bank Berhad (joint underwriters) for the company’s Initial Public Offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.</p>


<p>Federal Reserve Bank of Cleveland president Loretta Mester said monetary policy is in a good place, adding that the central bank shouldn’t be in a hurry to cut interest rates.</p>


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<p>Asian central banks’ need for assertive defense of their currencies is driving traders to turn less dovish on monetary policies in the region.</p>


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<p>The ringgit extended Wednesday’s gains to open higher against the US dollar on Thursday as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said an analyst.&nbsp;</p>


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<p>Bursa Malaysia opened slightly lower on Thursday but moved up thereafter. &nbsp;</p>


Bursa turns positive in early trade after opening lower

<p>RHB Retail Research said Marine &amp; General Bhd is set for an uptrend reversal after undergoing a bullish breakout above the 28 sen resistance on Wednesday, on strong trading volume.</p>
