Share
- Following the stake acquisition, Maju Offshore is Bina Puri’s fourth-largest shareholder after Bina Puri executive director Chai Chan Tong with a 23.78% stake, its group executive director Datuk Matthew Tee Kai Woon (10.11% direct stake, 8.15% indirect stake) and group managing director Tan Sri Tee Hock Seng (8.11% direct stake, 10.15% indirect stake), Bursa Malaysia filings showed.
KUALA LUMPUR (May 5): Maju Offshore Sdn Bhd has emerged as a substantial shareholder of Bina Puri Holdings Bhd with a deemed interest of 5.03% in the construction company.
This came after Maju Offshore acquired 169.64 million shares in Bina Puri on April 18, according to a filing on Friday (May 5).
Following the stake acquisition, Maju Offshore is Bina Puri’s fourth-largest shareholder after Bina Puri executive director Chai Chan Tong with a 23.78% stake, its group executive director Datuk Matthew Tee Kai Woon (10.11% direct stake, 8.15% indirect stake) and group managing director Tan Sri Tee Hock Seng (8.11% direct stake, 10.15% indirect stake), Bursa Malaysia filings showed.
For the second quarter ended Dec 31, 2022, Bina Puri’s net loss widened to RM22.11 million from a net loss of RM14.19 million in the previous corresponding period, as revenue declined to RM28.43 million from RM43.08 million.
At the closing bell, Bina Puri’s share price was half a sen or 14.29% higher at four sen, giving the group a market capitalisation of RM117.94 million.
TOP PICKS BY EDGEPROP
Expressionz Professional Suites
KL City, Kuala Lumpur
Expressionz Professional Suites
KL City, Kuala Lumpur
Arte Solaris Mont Kiara
Mont Kiara, Kuala Lumpur
