BKC.KL

Bintai Kinden Awarded RM39 Million Project from TNB

Retrieved on: 
Friday, November 25, 2022
M&E, Copper, TNB, Bursa, XLPE, KBK, Tenaga Nasional, PMU, Electrical wiring, Construction

Company to instal underground cable in Nusajaya, Johor

Key Points: 
  • Company to instal underground cable in Nusajaya, Johor
    PETALING JAYA, Malaysia, Nov 25, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB).
  • The new XLPE cable comprises two circuits, and three phases, with one cable of 1600mm2 copper per phase.
  • KBK, a specialist in M&E engineering services, has 319 days from commencement to complete the project.
  • This latest project award from TNB reflects the opportunities stemming from the growth momentum in the economy."

Bintai Kinden Revenue Increased 136% in 2Q FY2023

Retrieved on: 
Thursday, November 24, 2022
COVID-19, M&E, Growth, Bursa, BHD, Partnership, O&G, JMI, PBT, Pharmaceutical industry

Executive Director of Bintai Kinden, Azri Azerai

Key Points: 
  • Executive Director of Bintai Kinden, Azri Azerai
    For the quarter under review, the Company's profit before tax (PBT) recorded a decline to RM193,000 compared with RM244,000 in 2Q FY2022 mainly due to higher cost.
  • Gross profit margin for 2Q FY2023 stood at 15.35% compared with 43.06% in 2Q FY2022 after taking into account contribution by variation order of completed projects of the M&E business.
  • Bintai Kinden registered a 142.94% rise in revenue of RM71.44 million for the six months ended 30 September 2022 (1H FY2023) compared with RM29.41 million in the corresponding period of the previous financial year.
  • PBT for 1H FY2023 declined to RM1.16 million compared with RM1.50 million reported in 1H FY2022.

Bintai Kinden Ventures into Telco through Agreement with MN Permai Netcom

Retrieved on: 
Thursday, November 10, 2022
Hospital, Marketing, Ministry, Solution, MOH, Telecommunication, Company, Bursa, MNP, Download, BHD, JMI, Mobile phone

PETALING JAYA, Malaysia, Nov 10, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company's wholly-owned sub-subsidiary, Johnson Medical International Sdn.

Key Points: 
  • PETALING JAYA, Malaysia, Nov 10, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company's wholly-owned sub-subsidiary, Johnson Medical International Sdn.
  • (JMI), has formalised a strategic venture with MN Permai Netcom Sdn.
  • Azri Azerai, Executive Director of Bintai Kinden (Download) Azri Azerai, Executive Director of Bintai Kinden said, "This agreement leverages on the strengths of both parties.
  • We also have the expertise in managing large telco infrastructure projects as we were awarded a 120-km fiber optic project in Penang."

Bintai Kinden Shareholders Approves All Resolutions at 28th AGM

Retrieved on: 
Thursday, September 15, 2022
Companies Act, OPM, Remuneration, Engineering, M&E, Bursa, O&G, Company, Population, AGM, HLB, KUIM, Petronas, Clause, Mission statement, Management

PETALING JAYA, Malaysia, Sept 15, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that shareholders have approved all resolutions at the 28th Annual General Meeting (AGM) of the Company held today on a virtual platform.

Key Points: 
  • PETALING JAYA, Malaysia, Sept 15, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that shareholders have approved all resolutions at the 28th Annual General Meeting (AGM) of the Company held today on a virtual platform.
  • Messrs. HLB Ler Lum Chew PLT was also appointed as the auditors of Bintai Kinden and shareholders authorised the directors to fix their remuneration.
  • Azri Azerai, Executive Director of Bintai Kinden said, "We would like to thank shareholders for their continued support and confidence in us.
  • Headquartered in Malaysia, Bintai Kinden has worked on projects in Southeast Asia, China and the Gulf region of the Middle East.

Bintai Kinden Posts 152% Rise in Revenue for 1Q

Retrieved on: 
Friday, August 26, 2022
Energi, Petronas, COVID-19, O&G, Solution, Bursa, Mechanical, PAT, Company, Review, M&E

The Company's M&E engineering business contributed RM26.43 million for 1Q FY2023, which is an increase of 203.72% compared with RM8.7 million in 1Q FY2022.

Key Points: 
  • The Company's M&E engineering business contributed RM26.43 million for 1Q FY2023, which is an increase of 203.72% compared with RM8.7 million in 1Q FY2022.
  • Bintai Kinden operates the entire in-campus accommodation for Universiti Melaka as part of a 25-year concession from Kolej Teknologi Islam Melaka Berhad (KTIMB).
  • As of 31 March 2022, KTIMB owes Bintai Kinden an outstanding sum of RM30.18 million from the concession.
  • Azri Azerai, Executive Director of Bintai Kinden said, "We will continue to leverage on our core M&E engineering specialisation to seek opportunities in Malaysia and around the region.

Bintai Kinden Appointed by South Korean Company to Market Piping and Fitting Products

Retrieved on: 
Tuesday, August 16, 2022
Mechanical, Research, Bursa, Plastic, WSM, M&E, Chemical

Bintai Energy is 51% owned by Bintai Kinden through its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd.

Key Points: 
  • Bintai Energy is 51% owned by Bintai Kinden through its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd.
  • The company is involved in manufacturing and trading of industrial steel products.
  • The company supplies to various industries internationally, including oil and Gas, power generation, shipbuilding, chemical and petrochemical industries.
  • Mr. Ahn Byung Hwan, President of WSM said, "We are looking forward to working with Bintai Energy to bring our products to the Malaysian market.

Bintai Kinden to Market O&G Equipment in Indonesia

Retrieved on: 
Wednesday, August 10, 2022
Energi, Wastewater, O&G, Bursa, Industry, Population, M&E, Growth, Knowledge, Mechanical, Food, Aviation, Water, BHD, GDP, Hydraulic machinery, Drug

PETALING JAYA, Malaysia, Aug 10, 2022 - (ACN Newswire) - Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad's (Bursa: BINTAI, 6998) sub-subsidiary, Bintai Energy Sdn.

Key Points: 
  • PETALING JAYA, Malaysia, Aug 10, 2022 - (ACN Newswire) - Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad's (Bursa: BINTAI, 6998) sub-subsidiary, Bintai Energy Sdn.
  • Bhd., has entered into a business collaboration agreement with PT Raintech Indo Energi (PTRIE) in which PTRIE has been appointed to market and promote flanges, fittings, pipes and other oil and gas (O&G) equipment on behalf of Bintai Energy in Indonesia.
  • Bintai Kinden owns a 51% stake in Bintai Energy through Kejuruteraan Bintai Kindenko Sdn Bhd, an M&E engineering services specialist.
  • Ms. Verra Christianty, Director of PTRIE said, "We are happy to collaborate with Bintai Energy to introduce these products to Indonesia.

Bintai Kinden JV Wins Contracts to Supply O&G-Related Equipment

Retrieved on: 
Thursday, July 28, 2022
Petro, Knowledge, Industry, Partnership, PFF, Bursa, Contract, M&E, KBK, O&G, Hydraulic machinery

Bintai Kinden, through wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has a 51% interest in Bintai Energy, with the other 49% interest held by PFF.

Key Points: 
  • Bintai Kinden, through wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has a 51% interest in Bintai Energy, with the other 49% interest held by PFF.
  • KBK is a M&E engineering services specialist while PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
  • Bintai Energy has been awarded with similar contracts since its establishment in March 2022 and we hope to be able to win more such contracts given our expertise and knowledge."
  • With the most recent sub-contracts, Bintai Energy has clinched a total of approximately RM9.0 million under the Bintai Energy JV since its formation.