Bintai Kinden, Universiti Islam Melaka agree on extended interim settlement proposal


Bintai Kinden Corp Bhd managing director-cum-CEO Datuk Tay Chor Han

KUALA LUMPUR: Bintai Kinden Corp Bhd said its wholly-owned subsidiary Optimal Property Management Sdn Bhd (OPM) has reached an agreement with Universiti Islam Melaka Bhd (UIMB) on an extended interim settlement proposal (EISP).

According to the group, the proposal entails a structured plan to repay OPM, and resolve outstanding obligations by UIPM, a fully owned subsidiary of the Melaka state government.

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