KUALA LUMPUR (July 4): Bina Puri Holdings Bhd rose 3.66% this morning after it had received the green light from the Indonesia Stock Exchange (IDX) for the listing of its subsidiary PT Megapower Makmur Tbk, expected to take place on Wednesday.

At 9.21am, Bina Puri rose 1.5 sen to 42.5 sen with 662,300 shares traded.

It said the issue price for the PT Megapower shares has been fixed at 200 rupiah (6 sen).

The proposed listing involves an offering of up to 245.1 million new shares for subscription or purchase at the offer price. — theedgemarkets.com

For more stories, download TheEdgeProperty.com pullout here for free.

SHARE
SPONSORED CONTENT
Why residents are finding a sense of completeness at Setia homes

For Malaysia’s younger, family-oriented homeowners, the meaning of “home” is evolving. Beyond shelter, it is increasingly viewed as a space that supports family traditions, personal development and everyday functionality.

read more
RELATED POSTS
  1. Reports on 127.3ha of Pulau Sebatik land being part of Indonesia inconsistent with official records — Arthur
  2. Bina Puri lands RM42.5 mil construction contract in Sarawak
  3. Malaysia gained extra 780 hectares after border re-demarcation with Indonesia—PM