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Monday, June 13, 2011

KNM Group total book order RM5.5b at end-May (Edge)

KNM GROUP BHD []’s total book order rose to RM5.5 billion as at May this year, of which RM1.4 billion in orders were secured in 2010.

It said on Monday, June 13 that bulk of the orders was secured in the second half of last year, totaling RM3.10 billion. The remaining RM1 billion of orders were secured in the first half of 2010 and earlier.

KNM added that as at January this year it had tendered for RM16 billion of orders and based on a 20% success rate, that would translate into RM3.2 billion.

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