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.
Bina Puri hit with winding-up petition by YTL unit over alleged unsettled sum of RM1.7m
The petitioner, YTL Cement Marketing Sdn Bhd, claimed that Bina Puri had failed to settle a demanded amount of RM1.
Maju Offshore Capital ceases to be substantial shareholder of Bina Puri
Maju Offshore Capital offloaded the stake comprising 100 million shares via a direct business transaction on Monday, according to a bourse filing on Wednesday.
Bina Puri shares down on private placement plan
Bina Puri said it plans to issue up to 30% of its share base of 3.
Bina Puri’s unit gets winding-up petition
Due to a default payment amounting to RM198,116.
Bina Puri reports change in substantial shareholder
Maju Offshore had emerged as the fourth largest and substantial shareholder of Bina Puri after subscribing to the group’s rights issue on April 18.
Bina Puri JV gets RM72.85 mil sub-contract from Public Works Department
The contract is for all the works under a project known as Jalan Kampung Medong/Lebrasau/Kampung Klid, Daerah Dalat, Bahagian Mukah, under a sub-contract agreement with Tokoh Ilham Sdn Bhd.
Bina Puri said restraining order sought due to lacklustre construction activities
The implication of the MCO also meant that the group was unable to progress projects, but it continued to incur certain fixed costs such as rental costs, staffing, and borrowing costs that reflected into a weak financial performance the last couple of years, said the group.
