Bina Puri announces boardroom changes, founder director Tan Cheng Kiat retires
Cheng Kiat, 77, established Bina Puri in 1975 and has served on its board since Nov 5, 1990.
Bina Puri seeks to restructure debt with Exim Bank
“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.
Bina Puri to appeal summary judgment in RM28.2 mil suit from Wisma Majujaya
The suit revolved around an alleged RM28.
Wisma Majujaya obtains summary judgement in RM28.1m suit against Bina Puri
Allowing a summary judgement means that the court allows a party’s application to have a judgement against another without going for a full trial.
No ‘significant financial impact’ expected from Majujaya suit, says Bina Puri
The suit revolves around a RM28.
Bina Puri, its director Tee Hock Seng face RM28.1m suit for purportedly failing to pay-up full sum in JVA
Wisma Majujaya, based in Klang, filed the suit on May 16 last year at the Shah Alam High Court via Messrs Lim Chee Wee Partnership, where it is seeking a court order for the defendants to pay the sum of RM28.
Bina Puri's associate wins RM46 mil in arbitration case against Prolintas
According to bourse filing, Bina Puri said it received the final award of the arbitral tribunal judgment on Nov 7, which ordered Prolintas to pay the sum with interest to Latar.
Bina Puri secures RM113m water pipeline construction contract in Sarawak
The project, under the Sarawak Rural Water Supply Department, is expected to be completed by April 9, 2027.
Bina Puri’s unit completes drawdown of RM73m credit financing facility from MBSB
The credit financing facility from MBSB bolsters Sumbangan Lagenda’s financial position, enabling it to not only meet its working capital requirements, but also improve its offerings, Bina Puri said in a statement.
Bina Puri reports net profit of RM13.8 mil on gains arising from conclusion of creditors’ scheme
The construction and property development firm’s profitability was attributable to the positive impact of its wholly-owned unit Bina Puri Sdn Bhd’s (BPSB) scheme of arrangement with creditors, which usually involves taking haircuts from the amount owed.
