Bintai Kinden in restructuring ops


KUALA LUMPUR: Bintai Kinden Corp Bhd has announced that the group has successfully restructured and rescheduled all of its defaulted banking facilities with its financiers with the aim of uplifting its PN17 status.

The firm said it has made progress through strategic initiatives including securing a robust order book, negotiating favourable terms with banks and creditors, implementing cost-cutting measures and finalising outstanding projects. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Skydecks: More than just a million-dollar view
Keeping housing�construction�costs on track
What�old homes�got right�
Asean equities in stronger investment phase�
Stratus’ blockbuster debut: Fundamentals or Fomo?
The bigger catch: Lessons from eFishery
A suite future in China
Millionaires’ playground goes tech
Navigating current market dynamics
Capex revival: How leaders are driving investment

Others Also Read