KNM is on way up
From the edge weekly Mr Lee Swee Eng are holding 1,044,859,590 unit of KNM share it is about 26.41% of KNM Group Berhad share. He is the major shareholder in 60% free float of KNM share and also Mr Lee Swee Eng is Malaysia's Richest no 13 (from Forbes.com) At last week he had buy back KNM share from open market may been because of that KNM share did not fall a lot during KLCI big drop. Base on KNM chart, the share price is on the way to RM 1.40 but due to market situation now and on the positive side Hari Raya is on next week, KNM share is on the up side position in this week. However for share price come to RM 1.40 may still need some time.
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