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News about Bina Puri

Bina Puri seeks 10% debt waiver under conceptual restructuring plan

Nov 03

The proposed waiver amounts to shaving off RM30.

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Hearing of Bina Puri’s winding-up petition postponed after scheme of arrangement filed

Oct 31

The scheduled hearing of the petition filed by Wisma Majujaya Sdn Bhd has been deferred to Jan 20, 2026, after Bina Puri filed a last-minute stay of proceedings, citing the group’s scheme of arrangement.

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High Court sets Nov 27 for Bina Puri winding-up petition hearing

Sep 30

The government, as the petitioner, filed the petition on June 23, alleging that Bina Puri owes RM4,199,439.

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Bina Puri signs pact with Korea’s Hanil, eyes job to build RM220m Sarawak plant

Sep 09

Bina Puri will also be appointed as the exclusive representative for Hanil’s products in Malaysia, while exploring expansion into other Southeast Asian markets.

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Bina Puri seeks Corporate Debt Restructuring Committee's help to mediate talks with lenders

Aug 11

The move is part of the company's effort to "restore itself to a solid financial position and effectively address its liabilities to ensure future sustainability" said Bina Puri, whose businesses include property development, highway concessions and power supply.

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Bina Puri faces two winding-up petitions from IRB over alleged tax debt

Jul 09

Bina Puri Properties Sdn Bhd was served a petition in relation to unpaid taxes amounting to RM849,499, while Bina Puri Sdn Bhd (BPSB) received a separate petition over a larger tax sum of RM4.

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Bina Puri hit with winding-up petition over RM309,129 debt

May 21

Bina Puri Sdn Bhd (BPSB) was served with the winding-up petition on May 8 from Fujifilm’s solicitors, Messrs Skrine, with a hearing fixed for Aug 6, 2025, the property developer said in a filing on Tuesday.

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Hack-hit Bina Puri shares fall to 18-month low, short selling suspended

Apr 25

Hackers reportedly accessed investors’ trading accounts and used them to buy shares without permission on Bursa Malaysia.

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Bina Puri announces boardroom changes, founder director Tan Cheng Kiat retires

Apr 17

Cheng Kiat, 77, established Bina Puri in 1975 and has served on its board since Nov 5, 1990.

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Bina Puri seeks to restructure debt with Exim Bank

Feb 07

“The escalation of the US$ against ringgit Malaysia and the increase of interest rates from 4% to 11% had warranted the company to negotiate a restructuring of the loan with Exim Bank,” Bina Puri said in a filing.

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