Bintai Kinden enters MoU to buy builder Johnson Medical for RM50mil 


From left: Bintai Kinden Corp CEO Ong Choon Lui, Bintai Kinden Corp executive vice chairman Ibrahim Othman, Johnson Medical International managing director Yeo Eng Lam and Bintai Healthcare general manager Noor Azri Noor Azerai.

KUALA LUMPUR: Bintai Kinden Corp Bhd has entered into a preliminary agreement to acquire a medical facility construction firm for RM50mil.

The company said it plans to settle the purchase by paying RM26mil cash and and the issuance of 58.6 million new Bintai Kinden shares at 41 sen each to the seller - Yeo Eng Lam.

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Bintai Kinden

   

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