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Bintai Kinden teams up with Aussie-listed firm

Bintai Kinden teams up with Aussie-listed firm
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Bintai Kinden teams up with Australia's International Equities to develop Holistica Melaka and Holistica Penang

Bintai Kinden teams up with Australia’s International Equities to develop Holistica Melaka and Holistica Penang
International Equities’ Seasons Botanic Gardens Melbourne. – International Equities Corp website
PETALING JAYA: Bintai Kinden Corp Bhd is teaming up with Australia’s International Equities Corp Ltd to jointly undertake two mixed property development and management projects with healthcare facilities and wellness services in Malacca and Penang.
The company signed a business collaboration agreement with International Equities today.
International Equities is listed on the Australian Securities Exchange. The company’s principal activities are tourism, hotel management, real estate sales and management. Currently, it owns and operates hotels and apartments under the brand and/or trademark of “Seasons”, namely Seasons Botanic Gardens Melbourne, Seasons Heritage Melbourne, Seasons Darling Harbour Sydney and Seasons of Perth. ....

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Bintai Kinden diversifies into property business, less than six months after vaccine venture

KUALA LUMPUR (Jan 21): Bintai Kinden Corp Bhd, whose share price has more than halved since it hit its record high of RM1.39 in early December, announced that it intends to diversify into property development and management as a strategy to reduce its “reliance solely on the mechanical and electrical (M&E) engineering business”.
On top of that, the company is also proposing a private placement exercise to raise fresh capital of RM58.43 million to fund the new venture.
It is worth noting that this is the second venture out of its core M&E business in less than six months. ....

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