KNM Berhad Secured Projects worth Billions in England and Overseas

updated: 15 January 2011

KNM has definitely made Malaysian proud. Congratulations to KNM for the following achievement:

  • On 22/12/2010, KNM secured a £450mil (RM2.196bil) engineering, procurement, construction and commissioning (EPCC) contract for a biomass and waste recycling centre project in England.
  • On 19/11/2010, KNM has won a US$216 million (RM676 million) bid in relation to the development of gas condensate fields in the Republic of Uzbekistan from Lukoil Uzbekistan Operating Co.
  • On 9/7/2010, KNM secured RM 288.8million worth of orders

KNM has been listed on Bursa Malaysia Main Board (Industrial Products) on the 30th of September 2005.

KNM is principally involved in the manufacture of process equipment for the oil, gas and related petrochemical industries. It is a global company, and its business involves import and export apart from the local businesses.

KNM started using OBM Financial Accounting Enterprise Version from December 1998. It is running on a LAN of 20 concurrent users.

As KNM runs enormous projects that span across multiple years, identifying the Profit and Loss by Cost Centre, Project and Department on a real-time basis is critical to the business. KNM uses OBM Project Accounting and the Cost Centre Module to help the group to produce the important reports they need on time.