Power play for Bina Puri

  • Business Premium
  • Monday, 19 Jun 2017

Bina Puri group executive director Datuk Matthew Tee confirmed the listing date and told StarBiz that Megapower

PETALING JAYA: Construction and property firm Bina Puri Holdings Bhd will be listing its Indonesian power business PT Megapower Makmur Tbk on the Indonesia Stock Exchange on July 5 after a delay of almost a year.

Bina Puri group executive director Datuk Matthew Tee confirmed the listing date. Originally, Megapower was supposed to be listed at the end of last August but according to him, the listing was delayed as certain accounting transactions had to be reconciled because of the difference in accounting practices between Indonesia and Malaysia.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

RHB group MD, CEO Khairussaleh Ramli to take leave of absence, effective Jan 24 Premium
CTOS Digital posts improved net profit of RM42.98mil in FY21 Premium
Eupe Corp to acquire freehold tract in Kedah for RM40mil Premium
Bursa issues UMA query on Woodlandor following Friday limit-up Premium
Eduspec, Industronics ink MoA to set up SPV for supply of school hardware Premium
FBM KLCI closes a fraction lower Premium
Kaspersky, policy experts to counter growing threat to ICT supply chain in Apac Premium
China Evergrande to hire more advisers to help deal with debt Premium
TH Heavy Engineering, OHP Ventures ink MoU on RE collaboration Premium
Rio Tinto shares slump as Serbia pulls plug on its $2.4 bln lithium project Premium

Others Also Read