PETALING JAYA (May 16, 2013): KNM Group Bhd's subsidiary KNM Process Systems Sdn Bhd has obtained a US$44.6 million (RM134.45 million) loan from Export-Import Bank of Malaysia Bhd to part finance and guarantee the performance of its contract with Public Stock Co TAIF-NK for the supply of elementary sulphur recovery unit for a Heavy Residue Conversion Complex in Tatarstan.
Source from (The Sun Daily): http://www.thesundaily.my/news/701398
Published: May 17, 2013
The facility is for a period of 30 months or up to the date of completion of the contract with Public Stock Co, whichever is earlier.
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