Borsig IPO to alleviate KNM’s financial woes
PETALING JAYA: The initial public offering (IPO) exercise of machinery and equipment unit Borsig GmbH on the Singapore Exchange (SGX) should uplift KNM Group Bhd by aiding its repayments to creditors, says Borsig chief executive officer (CEO) Jurgen Stegger. In a statement yesterday, he highlighted that Borsig has continued to shine as a valuable asset within the KNM...