PETALING JAYA: Construction and property firm Bina Puri Holdings Bhd will be listing its Indonesian power business PT Megapower Makmur Tbk on the Indonesia Stock Exchange on July 5 after a delay of almost a year.
Bina Puri group executive director Datuk Matthew Tee confirmed the listing date. Originally, Megapower was supposed to be listed at the end of last August but according to him, the listing was delayed as certain accounting transactions had to be reconciled because of the difference in accounting practices between Indonesia and Malaysia.