BINTAI

6998
S pn17
BINTAI KINDEN CORPORATION BERHAD KLSE Summary
Main Market : Industrial Engineering

0.080

0.000 (0.0%)
View more market depths
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High 0.080
Low 0.075
Open 0.075
Volume 1,533,800
Volume (B/S) 15,399,600 / 7,715,000
Price Bid/Ask 0.075 / 0.080
   
52w 0.025 - 0.100
ROE -46.44
P/E -1.76
EPS -4.56
DPS
DY 0.00%
 
NTA 0.0982
P/B 0.81
RPS 4.20
PSR 1.91
Market Cap 97.6M
Shares (mil) 1,219.99
TopQ
CAGR
3Y -561.6% TTM -101.9%
5Y -87.5% TTM -60.2%
RSI(14) Neutral 54.5
Stochastic(14) Overbought 100.0
Average Volume (3M) 2,680,900
Relative Volume 0.6

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EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced ROE QoQ% YoY% Report
31 Mar, 2024
0.38 0.000 0.0982 12.4m 3.5m 3 2023-12-31 31 Mar, 2024 2024-02-22 3.9% 157.3% 219.8% View
-0.67 0.000 0.0945 6.6m -6.0m 2 2023-09-30 31 Mar, 2024 2023-11-28 -7.1% 120.7% 13818.2% View
-0.31 0.000 0.1000 10.2m -2.7m 1 2023-06-30 31 Mar, 2024 2023-08-30 -3.1% 94.6% 344.4% View
31 Mar, 2023
-5.98 0.000 0.1048 22.1m -50.3m 4 2023-03-31 31 Mar, 2023 2023-05-30 -57.1% 1642.3% 6076.9% View
-0.36 0.000 0.2200 22.4m -2.9m 3 2022-12-31 31 Mar, 2023 2023-02-28 -1.6% 6656.8% 304.3% View
0.01 0.000 0.2500 40.6m 44.0k 2 2022-09-30 31 Mar, 2023 2022-11-24 0.0% 96.1% 91.4% View
0.15 0.000 0.2500 30.9m 1.1m 1 2022-06-30 31 Mar, 2023 2022-08-26 0.6% 4.4% 25.7% View
31 Mar, 2022
0.24 0.000 26.0000 37.9m 1.2m 4 2022-03-31 31 Mar, 2022 2022-05-27 0.0% 17.1% 119.4% View
0.32 0.000 0.4000 28.9m 1.4m 3 2021-12-31 31 Mar, 2022 2022-02-24 0.8% 176.3% 57.2% View
0.13 0.000 0.3000 17.1m 511.0k 2 2021-09-30 31 Mar, 2022 2021-11-25 0.4% 66.1% 117.9% View
0.39 0.000 0.3000 12.3m 1.5m 1 2021-06-30 31 Mar, 2022 2021-08-30 1.3% 125.3% 215.1% View
31 Mar, 2021
-1.56 0.000 0.3000 17.3m -5.9m 4 2021-03-31 31 Mar, 2021 2021-05-28 -5.2% 762.5% 70.5% View
0.26 0.000 0.3000 15.0m 898.0k 3 2020-12-31 31 Mar, 2021 2021-02-26 0.9% 131.5% 119% View
-0.90 0.000 0.2700 12.3m -2.8m 2 2020-09-30 31 Mar, 2021 2020-12-01 -3.3% 117.6% 15.3% View
-0.70 0.000 0.4000 13.7m -1.3m 1 2020-06-30 31 Mar, 2021 2020-08-26 -1.8% 62.5% 111.7% View
31 Mar, 2020
-1.21 0.000 0.2700 35.6m -3.5m 4 2020-03-31 31 Mar, 2020 2020-06-30 -4.5% 26.2% 505.9% View
-1.65 0.000 0.2900 24.3m -4.7m 3 2019-12-31 31 Mar, 2020 2020-02-28 -5.7% 40.7% 958.6% View
-1.17 0.000 0.3000 16.4m -3.4m 2 2019-09-30 31 Mar, 2020 2019-11-21 -3.9% 130% 1815.3% View
3.90 0.000 0.3200 13.6m 11.2m 1 2019-06-30 31 Mar, 2020 2019-08-21 12.2% 2048.6% 6743.9% View
31 Mar, 2019
-0.20 0.000 0.2800 40.8m -576.0k 4 2019-03-31 31 Mar, 2019 2019-05-29 -0.7% 204.5% 110.3% View
0.19 0.000 0.2600 45.5m 551.0k 3 2018-12-31 31 Mar, 2019 2019-02-20 0.7% 181.1% 124.5% View
0.07 0.000 0.2500 41.2m 196.0k 2 2018-09-30 31 Mar, 2019 2018-11-22 0.3% 19.5% 97.3% View
0.06 0.000 0.2500 19.8m 164.0k 1 2018-06-30 31 Mar, 2019 2018-08-27 0.2% 97.1% 102.9% View
31 Mar, 2018
1.95 0.000 0.2500 8.8m 5.6m 4 2018-03-31 31 Mar, 2018 2018-05-31 7.8% 348.5% 151.9% View
-0.78 0.000 0.3200 21.6m -2.3m 3 2017-12-31 31 Mar, 2018 2018-02-22 -2.4% 130.9% 114% View
2.53 0.000 0.3300 63.9m 7.3m 2 2017-09-30 31 Mar, 2018 2017-11-23 7.7% 227.6% 12036.7% View
-1.98 0.000 0.2600 124.7m -5.7m 1 2017-06-30 31 Mar, 2018 2017-08-24 -7.6% 45.4% 6109.5% View
31 Mar, 2017
-4.81 0.000 0.3100 186.2m -10.5m 4 2017-03-31 31 Mar, 2017 2017-05-25 -15.5% 893.8% 3.9% View
-0.49 0.000 0.2800 170.6m -1.1m 3 2016-12-31 31 Mar, 2017 2017-02-23 -1.8% 1853.3% 87.1% View
0.03 0.000 0.2800 169.4m 60.0k 2 2016-09-30 31 Mar, 2017 2016-11-30 0.1% 36.8% 100.4% View
0.05 0.000 0.2800 156.6m 95.0k 1 2016-06-30 31 Mar, 2017 2016-08-18 0.2% 100.9% 102.6% View
31 Mar, 2016
-5.65 0.000 0.2600 152.5m -10.1m 4 2016-03-31 31 Mar, 2016 2016-05-31 -21.7% 23.8% 202.9% View
-4.37 0.000 0.5300 121.4m -8.1m 3 2015-12-31 31 Mar, 2016 2016-02-23 -8.2% 42.7% 233.6% View
-8.22 0.000 0.5900 116.9m -14.2m 2 2015-09-30 31 Mar, 2016 2015-11-25 -13.9% 285.3% 179.8% View
-2.79 0.000 0.6600 86.9m -3.7m 1 2015-06-30 31 Mar, 2016 2015-08-25 -4.2% 137.7% 22.6% View
31 Mar, 2015
9.60 0.000 0.6500 158.9m 9.8m 4 2015-03-31 31 Mar, 2015 2015-05-28 14.8% 60.7% 664.9% View
5.97 0.000 0.5400 136.9m 6.1m 3 2014-12-31 31 Mar, 2015 2015-02-11 11.1% 220% 487% View
-4.98 0.000 0.4700 111.7m -5.1m 2 2014-09-30 31 Mar, 2015 2014-11-27 -10.6% 6.6% 261.1% View
-4.67 0.000 0.5200 66.5m -4.8m 1 2014-06-30 31 Mar, 2015 2014-08-28 -9.0% 174.9% 20.3% View
31 Mar, 2014
-1.70 0.000 0.5700 80.2m -1.7m 4 2014-03-31 31 Mar, 2014 2014-05-28 -3.0% 267% 234.8% View
1.02 0.000 0.5900 82.2m 1.0m 3 2013-12-31 31 Mar, 2014 2014-02-27 1.7% 67.1% 147.8% View
3.09 0.000 0.6200 117.0m 3.1m 2 2013-09-30 31 Mar, 2014 2013-11-29 5.0% 179.5% 1498.5% View
-3.89 0.000 0.5700 119.4m -4.0m 1 2013-06-30 31 Mar, 2014 2013-08-29 -6.8% 408.2% 2946.2% View
31 Mar, 2013
1.26 0.000 0.6100 149.9m 1.3m 4 2013-03-31 31 Mar, 2013 2013-05-31 2.1% 159.2% 107.5% View
-2.13 0.000 0.5900 87.1m -2.2m 3 2012-12-31 31 Mar, 2013 2013-02-27 -3.6% 1202% 209.3% View
0.19 0.000 0.6200 71.0m 197.0k 2 2012-09-30 31 Mar, 2013 2012-11-21 0.3% 251.5% 94.3% View
-0.13 0.000 0.5972 47.3m -130.0k 1 2012-06-30 31 Mar, 2013 2012-08-29 -0.2% 101.4% 102.7% View
31 Mar, 2012
9.36 0.000 0.8700 175.2m 9.5m 4 2012-03-31 31 Mar, 2012 2012-05-31 10.8% 1458.8% 20637% View
-0.69 0.000 0.7300 41.0m -702.0k 3 2011-12-31 31 Mar, 2012 2012-02-23 -0.9% 120.4% 107% View
3.37 0.000 0.7400 57.2m 3.4m 2 2011-09-30 31 Mar, 2012 2011-11-24 4.6% 29.5% 76.1% View
4.78 0.000 0.7000 94.3m 4.9m 1 2011-06-30 31 Mar, 2012 2011-08-25 6.8% 21260.9% 295.5% View
31 Mar, 2011
-0.02 0.000 0.6400 117.1m -23.0k 4 2011-03-31 31 Mar, 2011 2011-05-26 0.0% 100.2% 102.3% View
9.91 0.000 0.6900 105.3m 10.1m 3 2010-12-31 31 Mar, 2011 2011-02-24 14.4% 418.2% 972.2% View
1.91 0.000 0.6000 91.7m 1.9m 2 2010-09-30 31 Mar, 2011 2010-11-11 3.2% 178.3% 251.7% View
-2.44 0.000 0.5800 69.9m -2.5m 1 2010-06-30 31 Mar, 2011 2010-08-26 -4.2% 344.4% 239.3% View
31 Mar, 2010
5.11 0.000 0.6100 89.6m 1.0m 4 2010-03-31 31 Mar, 2010 2010-05-27 8.4% 188% 1376.8% View
-1.14 0.000 0.6100 85.4m -1.2m 3 2009-12-31 31 Mar, 2010 2010-02-25 -1.9% 9.9% 38.4% View
-1.26 0.000 0.6200 105.0m -1.3m 2 2009-09-30 31 Mar, 2010 2009-11-26 -2.0% 171.9% 146.7% View
1.75 0.000 0.6300 96.5m 1.8m 1 2009-06-30 31 Mar, 2010 2009-08-27 2.8% 989.6% 15.6% View
31 Mar, 2009
0.16 0.000 0.6200 56.5m 164.0k 4 2009-03-31 31 Mar, 2009 2009-05-27 0.3% 119.6% 101% View
-0.81 0.000 0.6200 39.9m -837.0k 3 2008-12-31 31 Mar, 2009 2009-02-26 -1.3% 130.4% 89% View
2.65 0.000 0.6200 39.5m 2.8m 2 2008-09-30 31 Mar, 2009 2008-11-26 4.3% 30.1% 159.1% View
2.04 0.000 0.6000 51.3m 2.1m 1 2008-06-30 31 Mar, 2009 2008-08-27 3.4% 114.3% 254.2% View
31 Mar, 2008
-14.29 0.000 0.6000 47.6m -14.8m 4 2008-03-31 31 Mar, 2008 2008-05-29 -23.8% 95.4% 2674.6% View
-7.31 0.000 0.7300 7.8m -7.6m 3 2007-12-31 31 Mar, 2008 2008-02-28 -10.0% 63% 3305.1% View
-4.49 0.000 0.8000 43.3m -4.7m 2 2007-09-30 31 Mar, 2008 2007-11-21 -5.6% 239.4% 1329.6% View
-1.32 0.000 0.8500 52.3m -1.4m 1 2007-06-30 31 Mar, 2008 2007-08-29 -1.6% 156.6% 436.5% View
31 Mar, 2007
-0.51 0.000 0.8700 73.9m -535.0k 4 2007-03-31 31 Mar, 2007 2007-05-31 -0.6% 325.7% 118.8% View
0.23 0.000 0.8700 27.2m 237.0k 3 2006-12-31 31 Mar, 2007 2007-02-28 0.3% 37.5% 84.8% View
0.37 0.000 0.8700 89.0m 379.0k 2 2006-09-30 31 Mar, 2007 2006-11-23 0.4% 7.1% 29.8% View
0.40 0.000 0.8600 74.9m 408.0k 1 2006-06-30 31 Mar, 2007 2006-08-30 0.5% 85.7% 248.7% View
31 Mar, 2006
2.80 0.000 0.8600 103.2m 2.9m 4 2006-03-31 31 Mar, 2006 2006-05-29 3.3% 83.3% 113% View
1.53 0.000 0.8300 103.2m 1.6m 3 2005-12-31 31 Mar, 2006 2006-02-22 1.8% 188.9% 264.5% View
0.53 0.000 0.8200 153.5m 540.0k 2 2005-09-30 31 Mar, 2006 2005-11-23 0.6% 361.5% 45.9% View
0.11 0.000 0.8100 202.0m 117.0k 1 2005-06-30 31 Mar, 2006 2005-08-24 0.1% 100.7% 92.1% View
31 Mar, 2005
-16.13 0.000 0.8600 202.3m -16.8m 4 2005-03-31 31 Mar, 2005 2005-05-31 -18.8% 4014.7% 340.4% View
0.41 0.000 1.0500 223.1m 428.0k 3 2004-12-31 31 Mar, 2005 2005-02-24 0.4% 57.2% 104.9% View
0.96 0.000 1.0600 439.1m 999.0k 2 2004-09-30 31 Mar, 2005 2004-11-24 0.9% 32.7% 33.9% View
1.43 0.000 1.0500 99.7m 1.5m 1 2004-06-30 31 Mar, 2005 2004-08-26 1.4% 82.1% 7.5% View
31 Mar, 2004
7.96 1.500 1.0500 219.4m 8.3m 4 2004-03-31 31 Mar, 2004 2004-05-31 7.6% 194.5% 1263.2% View
-8.42 0.000 0.9800 52.6m -8.7m 3 2003-12-31 31 Mar, 2004 2004-02-26 -8.6% 1272.5% 2695.5% View
0.72 0.000 1.0700 41.7m 746.0k 2 2003-09-30 31 Mar, 2004 2003-11-20 0.7% 46% 436.7% View
1.33 0.000 1.0700 68.2m 1.4m 1 2003-06-30 31 Mar, 2004 2003-08-28 1.2% 770.4% 923% View
31 Mar, 2003
-0.20 1.000 1.0800 35.7m -206.0k 4 2003-03-31 31 Mar, 2003 2003-05-30 -0.2% 161.1% 97.7% View
0.32 0.000 1.0800 49.2m 337.0k 3 2002-12-31 31 Mar, 2003 2003-02-27 0.3% 142.4% 113.2% View
0.13 0.000 1.0900 36.4m 139.0k 2 2002-09-30 31 Mar, 2003 2002-11-29 0.1% 0% 80.3% View

Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
31 Mar, 2024 29,159 -5,315 -0.60 -
31 Mar, 2023 115,857 -51,988 -6.18 - 1,230.2% View
31 Mar, 2022 96,278 4,600 1.08 - 150.0% View
31 Mar, 2021 58,262 -9,209 -2.90 - 2,465.2% View
31 Mar, 2020 89,868 -359 -0.13 - 207.2% View
31 Mar, 2019 147,139 335 0.12 - 93.2% View
31 Mar, 2018 219,051 4,916 1.72 - 143.3% View
31 Mar, 2017 682,789 -11,352 -5.22 - 68.5% View
31 Mar, 2016 477,604 -36,080 -21.03 - 697.8% View
31 Mar, 2015 473,866 6,035 5.92 - 500.7% View
31 Mar, 2014 398,802 -1,506 -1.48 - 83.9% View
31 Mar, 2013 355,339 -819 -0.81 - 104.8% View
31 Mar, 2012 367,759 17,137 16.82 - 79.7% View
31 Mar, 2011 383,948 9,536 9.36 - 2,527.0% View
31 Mar, 2010 376,421 363 4.46 - 91.4% View
31 Mar, 2009 187,248 4,198 4.04 - 114.7% View
31 Mar, 2008 150,948 -28,473 -27.41 - 5,922.7% View
31 Mar, 2007 264,946 489 0.49 - 90.4% View
31 Mar, 2006 561,955 5,077 4.97 - 136.7% View
31 Mar, 2005 964,297 -13,844 -13.33 - 939.0% View
31 Mar, 2004 381,906 1,650 1.59 0.94 511.1% View
31 Mar, 2003 121,340 270 0.25 4 View

Announced Financial Year Subject EX Date Payment Date Amount Indicator
No dividends

Announced EX Date Subject Ratio Offer
07 May 2015 19 May 2015 Rights Issue (warrant) 9 : 10 View

Name Price Change Volume Gearing Premium Premium % Maturity
No warrants found.

Announced Date Change Type Shares Name
11 Mar 2024 08 Mar 2024 Acquired 200,000 DATUK MOHD IDZWAN IZUDDIN BIN DATUK AB RAHMAN
28 Feb 2024 27 Feb 2024 Acquired 150,000 MISS NG SIEW KIM
23 Feb 2024 21 Feb 2024 Acquired 60,000,000 MR TEO LAY BAN
14 Feb 2024 14 Feb 2024 Acquired 5,000,000 DATUK NG CHOON KOON
14 Feb 2024 14 Feb 2024 Acquired 5,000,000 DATUK TAY CHOR HAN
09 Feb 2024 07 Feb 2024 Acquired 200,000 DATUK MOHD IDZWAN IZUDDIN BIN DATUK AB RAHMAN
29 Jan 2024 29 Jan 2024 Acquired 125,000 MISS NG SIEW KIM
17 Jan 2024 17 Jan 2024 Acquired 2,000,000 DATUK NG CHOON KOON
17 Jan 2024 16 Jan 2024 Acquired 1,000,000 DATUK NG CHOON KOON
05 Jan 2024 04 Jan 2024 Acquired 3,000,000 DATUK NG CHOON KOON
05 Dec 2023 05 Dec 2023 Acquired 4,000,000 DATUK TAY CHOR HAN
10 Oct 2023 05 Oct 2023 Disposed 357,400 MR WONG SENG LIANG
10 Oct 2023 06 Oct 2023 Disposed 18,100 MR WONG SENG LIANG
09 Oct 2023 04 Oct 2023 Acquired 4,000,000 DATUK NG CHOON KOON
03 Oct 2023 02 Oct 2023 Disposed 2,000,000 MR WONG SENG LIANG
10 Aug 2023 09 Aug 2023 Acquired 400,000 ENCIK MOHD IDZWAN IZUDDIN BIN DATUK AB RAHMAN
09 Aug 2023 08 Aug 2023 Acquired 200,000 ENCIK MOHD IDZWAN IZUDDIN BIN DATUK AB RAHMAN
08 Aug 2023 04 Aug 2023 Acquired 4,000,000 DATUK NG CHOON KOON
07 Aug 2023 04 Aug 2023 Acquired 3,000,000 DATUK NG CHOON KOON
26 Jul 2023 24 Jul 2023 Acquired 3,000,000 DATUK TAY CHOR HAN
03 Jul 2023 26 Jun 2023 Acquired 1,000,000 DATUK NG CHOON KOON
03 Jul 2023 26 Jun 2023 Acquired 1,000,000 DATUK NG CHOON KOON
26 Jun 2023 23 Jun 2023 Acquired 1,000,000 DATUK TAY CHOR HAN
26 Jun 2023 26 Jun 2023 Acquired 1,000,000 DATUK TAY CHOR HAN
26 Jun 2023 23 Jun 2023 Acquired 4,000,000 DATUK NG CHOON KOON
26 Jun 2023 23 Jun 2023 Acquired 200,000 MR KU CHONG HONG
26 Jun 2023 26 Jun 2023 Acquired 666,000 MR WONG SENG LIANG
22 Jun 2023 21 Jun 2023 Acquired 1,294,200 DATUK NG CHOON KOON
22 Jun 2023 22 Jun 2023 Acquired 1,885,700 DATUK NG CHOON KOON
22 Jun 2023 22 Jun 2023 Acquired 3,409,300 DATUK TAY CHOR HAN
20 Jun 2023 16 Jun 2023 Acquired 2,000,000 DATUK NG CHOON KOON
20 Jun 2023 19 Jun 2023 Acquired 3,000,000 DATUK NG CHOON KOON
20 Jun 2023 20 Jun 2023 Acquired 1,820,100 DATUK NG CHOON KOON
15 Jun 2023 15 Jun 2023 Acquired 2,000,000 DATUK TAY CHOR HAN
15 Jun 2023 13 Jun 2023 Acquired 125,800 DATUK TAY CHOR HAN
15 Jun 2023 14 Jun 2023 Acquired 2,874,200 DATUK TAY CHOR HAN
08 Jun 2023 08 Jun 2023 Acquired 3,000,000 DATUK TAY CHOR HAN
08 Jun 2023 06 Jun 2023 Acquired 1,400,000 DATUK NG CHOON KOON
08 Jun 2023 07 Jun 2023 Acquired 583,200 DATUK NG CHOON KOON
08 Jun 2023 08 Jun 2023 Acquired 5,520,400 DATUK NG CHOON KOON
06 Jun 2023 02 Jun 2023 Acquired 2,000,000 MR WONG SENG LIANG
02 Jun 2023 02 Jun 2023 Acquired 2,000,000 DATUK TAY CHOR HAN
02 Jun 2023 01 Jun 2023 Acquired 28,700 DATUK NG CHOON KOON
02 Jun 2023 02 Jun 2023 Acquired 71,300 DATUK NG CHOON KOON
31 May 2023 31 May 2023 Acquired 4,000,000 DATUK NG CHOON KOON
31 May 2023 31 May 2023 Acquired 4,000,000 DATUK TAY CHOR HAN
31 May 2023 31 May 2023 Acquired 830,000 MR KU CHONG HONG
25 May 2023 24 May 2023 Acquired 3,000,000 DATUK TAY CHOR HAN
16 May 2023 10 May 2023 Acquired 930,000 DATUK TAY CHOR HAN
12 May 2023 09 May 2023 Acquired 45,000,000 DATUK TAY CHOR HAN

Recent News
  • Bursa lower at mid-morning following drop in US market
    Bursa Malaysia trended lower at mid-morning on Wednesday, tracking the Wall Street, which tumbled after the release of the US consumer price index (CPI) data which was above consensus’ expectations.
    TheEdge
  • Bursa opens easier following Wall St sell-off
    Bursa Malaysia pared Tuesyday’s gains in early trade on Wednesday, mirroring the overnight performance on Wall Street, which tumbled in the wake of a US consumer inflation reading that exceeded expectations, and increased the uncertainty over early rate cuts.
    TheEdge
  • Allegations of insider trading surface at MGRC
    THERE have been allegations of insider trading against Malaysian Genomics Resource Centre Bhd (MGRC) executive chairman Noor Azri Noor Azerai and financial controller Ang Jia Yee. The allegations are part of a larger course of actions undertaken by independent non-executive director Aswath Ramakr...
    TheEdge
  • YNH Property, YTL Power, LCTitan, Ireka, TMC Life Sciences, Sunsuria, Bintai Kinden, Varia, TM
    Here is a brief recap of some corporate announcements that made the news on Monday: YNH Property Bhd, YTL Power International, Lotte Chemical Titan Holding Bhd, Ireka Corp Bhd, TMC Life Sciences Bhd, Sunsuria Bhd, Bintai Kinden Corp Bhd, Varia Bhd and Telekom Malaysia Bhd.
    TheEdge
  • 民泰近电子公司 解决债务问题
    Chinapress
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Comments
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Eddy Khoo
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as of 31st Dec 2023, term loan with MBSB was RM118.5 mil and KTIMB owing OPM RM58.6 mil. Concessions period remaining around 17 years with annual fee of around RM13.1 mil, subject to 5 years review of not less than 13% adjustment to the annual fee. As per 31st Dec 2023, concession receivables value at RM114.3 mil. Any offered below rm290 mil for 100% stake in OPM would result in losses to Bintai.
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M KFooD
118.5 is liability OPM. receivables 58.6+ 114.3= 172. 9 then. ...emmm the true value then 290...rite
Like · 6 hours · translate
Eddy Khoo
I don't think KTIMB would have such financial strength to acquire OPM with RM290 mil cash. most probably they may swap with Melaka Gov lands and takeover the outstanding loans with MBSB. Imagine if they offer a rm200 mil lands swap, would it help Bintai? Bintai would still face cash flow and operational expenses challenges. You can't liquidate land easily for cash.
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M KFooD
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29 Jan 24. Terms of the ISP are as follows:

Immediate payment of RM 1.5 million to OPM (“First Payment”) by 30 January 2024.

6 monthly installment of RM 250,000 per month from January to June 2024. (“Second to Seventh Payment”)

That KTIMB agrees to conclude with OPM by 31 May 2024 with one of the three following solutions:

- the termination of the CA, or
- KTIMB or designate, to the takeover OPM at an agreed valuation, or
- the restructuring of the concession debts outstanding as well as the
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M KFooD
...Interim Settlement Proposal ISP with respect to the default of RM58.6 million owing by Kolej Teknologi Islam Melaka Berhad as at December 2023. Negotiations with KTIMB are ongoing and the deadline to resolve the outstanding debt repayment issue under the Concession Agreement is 31 May 2024.
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Eddy Khoo
as long as no amount of OPM valuation been announced, market won't see it as good news yet. OPM can be acquired with discount and cause losses to Bintai. we never know.
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