BINTAI KINDEN CORPORATION BHD

KLSE (MYR): BINTAI (6998)

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Last Price

0.09

Today's Change

+0.005 (5.88%)

Day's Change

0.085 - 0.09

Trading Volume

916,700


14 people like this.

20,685 comment(s). Last comment by Income 16 hours ago

B4b4

7,597 posts

Posted by B4b4 > 2021-01-21 17:22 | Report Abuse

Just bought some at 58.5, for keeps

ask1961

363 posts

Posted by ask1961 > 2021-01-21 17:28 | Report Abuse

guojue. 0.005sen lo

ask1961

363 posts

Posted by ask1961 > 2021-01-21 17:29 | Report Abuse

AllanWongski. Aiyah! Talak baca news kh? Itu box aa untuk korea lo

strattegist

23,459 posts

Posted by strattegist > 2021-01-21 17:38 |

Post removed.Why?

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-21 23:18 | Report Abuse

Ayo drop lg ka

Pennyloo

90 posts

Posted by Pennyloo > 2021-01-21 23:20 | Report Abuse

Kena Bantai again.

Posted by SeliparJepon > 2021-01-21 23:35 | Report Abuse

Kemon.tomolow bole green

Posted by GoldenHarvest1 > 2021-01-22 03:00 | Report Abuse

Oh dear

Posted by GoldenHarvest1 > 2021-01-22 03:00 | Report Abuse

Another vaccine problem

Posted by GoldenHarvest1 > 2021-01-22 03:00 | Report Abuse

Moderna investigating allergic reactions from Moderna vaccine

https://www.reuters.com/article/us-health-coronavirus-moderna-idUSKBN29O2C5

Posted by GoldenHarvest1 > 2021-01-22 03:01 | Report Abuse

There you go

Citadel00

633 posts

Posted by Citadel00 > 2021-01-22 03:05 | Report Abuse

so zai

Citadel00

633 posts

Posted by Citadel00 > 2021-01-22 03:22 |

Post removed.Why?

B4b4

7,597 posts

Posted by B4b4 > 2021-01-22 07:53 | Report Abuse

Why limit down? Bintai still do its core business ie Property Development and one more new venture ie Healthcare segment. Of course, any new ventures take time. While waiting for this Complete Vaccine from Generex Biotechnology, then it is only wise to diversify its existing business to include the property development and management business segment. So let's be patient and hope for this Complete Vaccine from GNBT

3932

94 posts

Posted by 3932 > 2021-01-22 08:32 | Report Abuse

Sub Biz 22.1.2021
Bintai Kinden to diversify into property sector
PETALING JAYA: Bintai Kinden Corp Bhd has proposed a diversification into the property development and management business and intends to undertake two mixed property development and management projects – Holistica Melaka and Holistica Penang.

At present, Bintai Kinden and its subsidiaries are principally involved in the provision of specialised mechanical & electrical (M&E) engineering, provision of turnkey, structural, civil, infrastructure project and project management, concessionaire arrangements and trading activities.

The two mixed property development and management projects that it plans to undertake will be designed to provide a holistic living environment, with a focus on providing comprehensive healthcare and wellness services as well as assisted living for better community lifestyle.

Holistica Melaka is an integrated holistic and wellness themed project which will comprise wellness condotels, wellness condominiums, retirement and lifestyle apartments, wellness club as well a medical specialist centre measuring 4.744 acres, with a gross development value (GDV) of RM558 million.

Holistica Penang is a 21-storey lifestyle condotel in George Town, Penang, measuring 0.598 acres, with a GDV of RM83.7 million.

“The mixed development projects are expected to contribute 25% or more of the net assets and/or net profits of the Bintai group. As such, the board proposes to seek the prior approval from the shareholders of the company at an EGM to be convened for the proposed diversification.

The board intends to continue with the group’s existing business activities, Bintai Kinden said.

The expansion of Bintai Kinden group’s property development business segment is part of the company’s strategy of diversifying into other industries with strong growth prospects instead of depending solely on its existing core M&E engineering business. The group has past experiences and expertise in undertaking and completing various construction of property development and related projects across a span of 36 years.

The board believes that the mixed development projects would contribute positively to future earnings and improve the financial position of the Bintai Kinden group.

Bintai Kinden also proposed a private placement of up to 30% of its existing issued shares at an indicative issue price of 52 sen per share, to independent investors to be identified later, to raise RM58.43 million. The proceeds will be used mainly for the mixed development projects.

The proposals are expected to be completed by the second quarter of 2021.

B4b4

7,597 posts

Posted by B4b4 > 2021-01-22 08:37 | Report Abuse

Hi bowman, you are right about GNBT and thanks for sharing

B4b4

7,597 posts

Posted by B4b4 > 2021-01-22 08:38 | Report Abuse

Hi 3932, thanks for the useful info.

warrenG

374 posts

Posted by warrenG > 2021-01-22 09:00 | Report Abuse

stay away from this kind of con counter. The Edge has already hints you.

" Bintai Kinden diversifies into property business, LESS THAN 6 MONTHS after vaccine venture "

'...Its two largest shareholders had dumped the company’s shares in December last year. Its second largest shareholder Nusankota Development Sdn Bhd sold its entire stake of 50.03 million shares or 14.4% interest on the open market on Dec 16 last year. Meanwhile, its largest shareholder Bintai Holdings (M) Sdn Bhd sold 28.5 million shares or an 8.14% stake in the group, which reduced its shareholding to 31.69 million shares or 9.05%."

now theyre going for another PP to take more money hahaha,

https://www.theedgemarkets.com/article/bintai-kinden-diversifies-property-business-less-six-months-after-vaccine-venture

strattegist

23,459 posts

Posted by strattegist > 2021-01-22 09:50 |

Post removed.Why?

B4b4

7,597 posts

Posted by B4b4 > 2021-01-22 10:36 | Report Abuse

Relax bro, this Bintai is still in the Vaccine partnership with Generex Biotechnology. As a matter of fact, Bintai has paid advance fees of USD 2.625m on 7 Oct 2020.

ammar97

117 posts

Posted by ammar97 > 2021-01-22 11:03 | Report Abuse

relax, time will tell, just hold

Posted by ridzuanyahya > 2021-01-22 11:28 | Report Abuse

buntaiii

Qbb99

238 posts

Posted by Qbb99 > 2021-01-22 12:29 | Report Abuse

Yes B4b4, thanks. I go to Seeking Alpha, type GNBT, then go to Press Release , go to 7 Oct 2020.......the news is loud and clear, ie the NGIO, a subsidiary of GNBT has recieved an unfront licensing fee of USD 2.625 M from Bintai Kinden

ask1961

363 posts

Posted by ask1961 > 2021-01-22 12:42 | Report Abuse

Citadel00. R u sleepwalking?

Posted by BountyOfTheBourse > 2021-01-22 13:26 | Report Abuse

Good news from TopGlove

Posted by BountyOfTheBourse > 2021-01-22 13:26 | Report Abuse

Hooray!

Posted by BountyOfTheBourse > 2021-01-22 13:26 | Report Abuse

Yee haah!

Posted by BountyOfTheBourse > 2021-01-22 13:27 | Report Abuse

Well done, TopGlove

ask1961

363 posts

Posted by ask1961 > 2021-01-22 15:04 | Report Abuse

Yes but many scared to work there lo.

bowman

2,601 posts

Posted by bowman > 2021-01-22 15:21 | Report Abuse

@tc8787

Something big could be in the works if you analyse the CEO's statement.

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-22 15:27 | Report Abuse

Ayo ammma.. Appaa..

Posted by Anuar Jusoh > 2021-01-22 15:51 |

Post removed.Why?

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2021-01-22 16:47 | Report Abuse

This ctr changes complexion like a chameleon, duping shareholders/bilis. But it is dead wood now, since BOD jumped ship and price crashed from 1.47

Bilis paid for shares debt/swap and now another PP >30%, isn't this enlargement an enforced LD (30%) Bilis to feel the brunt?

strattegist

23,459 posts

Posted by strattegist > 2021-01-22 17:15 |

Post removed.Why?

Posted by Serenevalley > 2021-01-22 18:37 | Report Abuse

Bintai problematic?

Ahead1268

768 posts

Posted by Ahead1268 > 2021-01-22 20:02 | Report Abuse

Que at 0.57 more volume then buying 0.575 n selling to retailer at 0.58. After finished selling may collapse!

BearishTrend

1,296 posts

Posted by BearishTrend > 2021-01-22 21:25 | Report Abuse

Nnti lama2 naik lah..

DCCIH9E

86 posts

Posted by DCCIH9E > 2021-01-22 22:35 | Report Abuse

Next week will up, dun worry.

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:04 | Report Abuse

Oh dear

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:05 | Report Abuse

Habis la itu Pfizer/BioNTech vaccine

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:05 | Report Abuse

Konfem langsung sikit habuk x boleh pakai punya

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:06 | Report Abuse

Israeli Pfizer/BioNTech vaccine recipients tested positive for covid-19 even after two doses

https://www.astroawani.com/berita-dunia/covid19-vaccine-recipients-test-positive-in-israel-just-how-effective-is-the-vaccine-279223

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:06 | Report Abuse

Habis finished selesai condemned loh

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:06 | Report Abuse

Kaput finito zilch

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-01-23 04:07 | Report Abuse

Lagi apa mau cakap???

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