KualaLumpur:BKC

Bintai Kinden Announces RM3.5 Million Contract Win for Subsidiary Johnson Medical International

Retrieved on: 
Monday, October 30, 2023
Indian Railways Institute of Mechanical and Electrical Engineering, JMI, Maintenance, The Company, Mechanical, BHD, Electricity, Hospital, Construction

PETALING JAYA, Malaysia, Oct 30, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad ("BKCB" or the "Company"; Bursa: BINTAI, 6998), a mechanical and electrical ("M&E") engineering services specialist, is delighted to announce that Johnson Medical International Sdn.

Key Points: 
  • PETALING JAYA, Malaysia, Oct 30, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad ("BKCB" or the "Company"; Bursa: BINTAI, 6998), a mechanical and electrical ("M&E") engineering services specialist, is delighted to announce that Johnson Medical International Sdn.
  • Bhd ("BFESB") a RM 3.5 million contract which involves the Supply, Delivery, Installation, Testing, Commissioning, and Maintenance of a Pendant System for the 300-beds Hospital Petrajaya in Petra Jaya, Kuching, Sarawak.
  • The 380-day contract not only fortifies the Company's revenue stream but also highlights JMI's proficiency in medical infrastructure solutions.
  • Boasting numerous patents and registered designs, Johnson Medical International remains a pacesetter in the realm of modular healthcare solutions.

Bintai Kinden Pressures Melaka Government on Unimel Project Payments

Retrieved on: 
Wednesday, March 29, 2023
Classification, SC, Policy, Main Market, Onitsha, Oil, Securities commission, Bursa, Practice, Mechanical, Student, OPM, Securities Commission Malaysia, Kolej, Property management, Islam

Azri Azerai, Executive Director of Bintai Kinden said, "We are being victimised into PN17 status because the Melaka government has not seen fit despite a series of meetings to take action to address the RM49.8 million owed to OPM by Kolej Teknologi Islam Melaka Berhad (KTIMB) for the construction of the UNIMEL student campus accommodation."

Key Points: 
  • Azri Azerai, Executive Director of Bintai Kinden said, "We are being victimised into PN17 status because the Melaka government has not seen fit despite a series of meetings to take action to address the RM49.8 million owed to OPM by Kolej Teknologi Islam Melaka Berhad (KTIMB) for the construction of the UNIMEL student campus accommodation."
  • OPM had taken a 17-year tenure Islamic financing facility of RM109.0 million with MBSB to part-finance the UNIMEL campus accommodation project, which was completed in 2019.
  • "We have also sent various reminders to KTIMB as well as Melaka Chief Minister Incorporated (CMI Melaka) on the matter.
  • Bintai Kinden reassures stakeholders that its other businesses such as the Mechanical & Engineering and Oil & Gas are running as usual.

Bintai Kinden Posts 9M Revenue of RM93.80 Million

Retrieved on: 
Tuesday, February 28, 2023
LBT, TNB, Tenaga Nasional, Growth, PBT, M&E, Bursa, Cryptocurrency

The Company reported a loss before tax (LBT) in 9M FY2023 of RM2.22 million compared with profit before tax (PBT) of RM2.62 million in 9M FY2022.

Key Points: 
  • The Company reported a loss before tax (LBT) in 9M FY2023 of RM2.22 million compared with profit before tax (PBT) of RM2.62 million in 9M FY2022.
  • For the third quarter ended 31 December 2022 (3Q FY2023), revenue decreased 22.7% to RM22.36 million compared with RM28.93 million in 3Q FY2022.
  • The Company recorded LBT of RM3.38 million for 3Q FY2023 compared with PBT of RM1.13 million in 3Q FY2022.
  • Azri Azerai, Executive Director of Bintai Kinden said, "The Company's revenue increase for 9M FY2023 reflected the better contribution from the M&E business.

Bintai Kinden Wins RM14.2 Million Project from TNB

Retrieved on: 
Friday, February 10, 2023
MPE, KBK, SIP, Tenaga Nasional, GIS, PMU, RTU, TNB, Atmosphere, M&E, Bursa, Investment, Construction, Electrical wiring

KBK, a specialist in M&E engineering services, was also awarded a project worth RM39.0 million by TNB for the installation of a 132kV underground cable double circuit in late November 2022.

Key Points: 
  • KBK, a specialist in M&E engineering services, was also awarded a project worth RM39.0 million by TNB for the installation of a 132kV underground cable double circuit in late November 2022.
  • Azri Azerai, Executive Director of Bintai Kinden said, "We are happy to work with TNB as both parties have a working relationship and track record going back some years.
  • "Bintai Kinden has in recent years been growing our range of expertise through investments and acquisitions that leverage on our strengths and market network.
  • Total unbilled order book under M&E segment of Bintai Kinden is RM143.41 million.

SCIB and Bintai Kinden in Strategic Alliance

Retrieved on: 
Tuesday, February 7, 2023
Memorandum of understanding, Automation, Knowledge, Industrialised building system (IBS), Partnership, Main–Market Historic District, BHD, JV, SCIB, Engineering, Airline, Construction

Group Managing Director of SCIB, Encik Rosland bin Othman

Key Points: 
  • Group Managing Director of SCIB, Encik Rosland bin Othman
    Executive Director of Bintai Kinden, En.
  • Bhd in which SCIB will retain a 51% stake in the JV while Bintai Kinden will subscribe to the remaining 49%.
  • Bintai Kinden is a mechanical and electrical ("M&E") engineering services specialist listed on the Main Market of Bursa Malaysia, with unique combination of extensive regional experience and local knowledge.
  • Group Managing Director of SCIB, Encik Rosland bin Othman said, "We welcome this strategic alliance with Bintai Kinden as both parties can leverage each other's strengths and expertise that add value to any projects we are involved in together.

Bintai Kinden Redesignates Ku as Group Managing Director

Retrieved on: 
Wednesday, January 18, 2023
M&E, Poultry, Agriculture, Account, Genomics, Aquaculture, Malaysian Institute of Accountants, Bursa, Software, Management

PETALING JAYA, Malaysia, Jan 18, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is redesignating Mr. Ku Chong Hong to Group Managing Director from Executive Director effective 18 January 2023.

Key Points: 
  • PETALING JAYA, Malaysia, Jan 18, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is redesignating Mr. Ku Chong Hong to Group Managing Director from Executive Director effective 18 January 2023.
  • Azri Azerai
    Group Managing Director of Bintai Kinden, Mr. Ku Chong Hong
    Mr. Ku was appointed to the Board of Directors as an Executive Director on 24 February 2022.
  • Besides Bintai Kinden, he is also an Executive Director at Sarawak Consolidated Industries Berhad and an Independent Non-Executive Director of Malaysian Genomics Resources Berhad.
  • Azri Azerai, Executive Director of Bintai Kinden said, "The Board of Directors and I congratulate him and are looking forward to working even closer with him.

Bintai Kinden Ventures into Digital Assets

Retrieved on: 
Tuesday, January 10, 2023
Bitcoin, Ethereum, Crypto, Securities Commission Malaysia, M&E, Treasury, Asset, Coinbase, Bursa, Cryptocurrency

PETALING JAYA, Malaysia, Jan 10, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is venturing in digital assets through wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) as part of the Company's treasury management while taking into consideration longer-term needs in business expansion.

Key Points: 
  • PETALING JAYA, Malaysia, Jan 10, 2023 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is venturing in digital assets through wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) as part of the Company's treasury management while taking into consideration longer-term needs in business expansion.
  • Executive Director of Bintai Kinden, En.
  • Azri Azerai, Executive Director of Bintai Kinden said, "This is an opportune time to venture into digital assets as values across the board has fallen, especially among the main ones such as Bitcoin and Ethereum.
  • We will devote a portion of our free cashflow for digital assets and will take a dollar-cost averaging approach when buying into them."

Bintai Kinden Expands Further into O&G

Retrieved on: 
Tuesday, January 3, 2023
Petro, Partnership, O&G, PFF, Growth, Bursa, Marketing, Hydraulic machinery, Petronas

Executive Director of Bintai Kinden, En.

Key Points: 
  • Executive Director of Bintai Kinden, En.
  • PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
  • Azri Azerai, Executive Director of Bintai Kinden said, "The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business.
  • This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia.