It wants to be in top-five list of process equipment makers by 2010 WHEN the storm hits, many lose sight of the road ahead. The same, perhaps, could be said of investors in KNM Group Bhd, which was one of the most heavily traded stocks on Bursa Malaysia in the last couple of weeks. The selling pressure is not entirely company specific. The broader market, like its regional peers, has been badly hurt by weak sentiment, fuelled by the financial crisis in the US which has spread to Europe and affected all stock markets in the world. Concerns over the health of the global economy has also dampened crude oil prices. Last week, crude oil traded on New York Merchantile Exchange fell to US$80.69 per barrel on Friday. It hit a low of US$78.61. KNM’s share price hit a low of 95 sen before recovering to close at 95.5 sen on Friday. It...
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