Announcement • Jun 16
Bina Puri Holdings Bhd Announces Resignation of David Ting Kah Soon from Company Secretary, Effective June 15, 2026 Bina Puri Holdings Bhd announced that David Ting Kah Soon resigned as Company Secretary, effective June 15, 2026. Reported Earnings • Mar 02
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: RM0.049 loss per share (down from RM0.02 profit in FY 2024). Revenue: RM253.8m (up 32% from FY 2024). Net loss: RM39.0m (down 385% from profit in FY 2024). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. New Risk • Sep 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM307.7m market cap, or US$73.2m). Reported Earnings • Aug 31
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: RM0.004 (up from RM0.022 loss in FY 2024). Revenue: RM278.8m (up 66% from FY 2024). Net income: RM2.65m (up RM17.7m from FY 2024). Profit margin: 0.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. New Risk • Jul 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (RM264.6m market cap, or US$62.2m). Reported Earnings • Jun 02
Third quarter 2025 earnings released: EPS: RM0.002 (vs RM0.021 in 3Q 2024) Third quarter 2025 results: EPS: RM0.002 (down from RM0.021 in 3Q 2024). Revenue: RM104.9m (up 111% from 3Q 2024). Net income: RM1.91m (down 86% from 3Q 2024). Profit margin: 1.8% (down from 28% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (RM214.9m market cap, or US$49.1m). Reported Earnings • Mar 02
Second quarter 2025 earnings released: EPS: RM0.002 (vs RM0.023 loss in 2Q 2024) Second quarter 2025 results: EPS: RM0.002 (up from RM0.023 loss in 2Q 2024). Revenue: RM46.6m (up 8.8% from 2Q 2024). Net income: RM1.31m (up RM16.5m from 2Q 2024). Profit margin: 2.8% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jan 27
WISMA MAJUJAYA SDN BHD Announces MATERIAL LITIGATION against BINA PURI PROPERTIES SDN BHD, BINA PURI HOLDINGS BHD and TAN SRI DATUK TEE HOCK SENG WISMA MAJUJAYA SDN BHD announced in response and to clarify The Edge's article dated 27 January 2025 titled "Bina Puri, its director Tee Hock Seng face MYR 28.1 million suit for purportedly failing to pay-up full sum in JVA", the Board of Directors of Bina Puri wishes to info MYR that Bina Puri, its wholly-owned subsidiary Bina Puri Properties Sdn Bhd ("BPPSB") and Bina Puri's director Tan Sri Datuk Tee Hock Seng had received a Writ and Statement of Claim dated 16 May 2024 from the solicitors of the Plaintiff, filed at the High Court of Shah Alam bearing the case number BA-22NCvC-202-05/2024. The claims pursuant to the Writ and SOC are as follows: i. The Defendants are to jointly and severally pay to the Plaintiff within 14 days, the sum of MYR 28,172,844.00: ii. Pre-judgement interest at the rate of 8% per annum on the sum MYR 28,172,844.00 from the filling date of the Writ and SOC until the date of judgement; iii. Post judgment interest at the rate of 8% per annum on the sum MYR 28,172,844.00 from the judgment date until the date of full payment; iv. Costs; and v. Any further relief that is deemed suitable by the Honorable Court. The circumstances leading to the filing of the case by the Plaintiff is based on Plaintiff's contention the Defendants had failed to fulfill its obligation to pay the Plaintiff the sum of MYR 28,172,844.00 that are allegedly due and payable under the Joint Venture Agreement dated 23 November 2017 (JVA). As at the date of this announcement, this case is not expected to have any significant financial and operational impact on BPPSB or the Company for the financial year ending 2025. After being advised by their solicitors, the Board is of the opinion that Bina Puri has a fair and reasonable chance of success against the Plaintiff's claim. Bina Puri and BPPSB had appointed Messrs. Zain Megat Murad as their solicitors and had accordingly filed its Defence dated 23 July 2024 stating its position that the JVA is illegal, unenforceable and as such, no monies are due and payable. The Plaintiff had filed an application for summary judgment which Bina Puri and BPPSB had accordingly resisted the said application through their solicitors. The court had fixed the decision for summary judgment on 3 February 2025. New Risk • Dec 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (RM229.7m market cap, or US$52.0m). Reported Earnings • Nov 30
First quarter 2025 earnings released: RM0.002 loss per share (vs RM0.02 loss in 1Q 2024) First quarter 2025 results: RM0.002 loss per share (improved from RM0.02 loss in 1Q 2024). Revenue: RM64.8m (up 47% from 1Q 2024). Net loss: RM1.33m (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Nov 18
Bina Puri Holdings Bhd has completed a Follow-on Equity Offering in the amount of MYR 38.291829 million. Bina Puri Holdings Bhd has completed a Follow-on Equity Offering in the amount of MYR 38.291829 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 131,136,400
Price\Range: MYR 0.292
Transaction Features: Subsequent Direct Listing Announcement • Oct 30
Bina Puri Holdings Bhd, Annual General Meeting, Dec 06, 2024 Bina Puri Holdings Bhd, Annual General Meeting, Dec 06, 2024, at 15:00 Singapore Standard Time. Reported Earnings • Aug 31
Full year 2024 earnings released: RM0.021 loss per share (vs RM0.29 loss in FY 2023) Full year 2024 results: RM0.021 loss per share (improved from RM0.29 loss in FY 2023). Revenue: RM185.3m (up 95% from FY 2023). Net loss: RM14.5m (loss narrowed 88% from FY 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 04
Third quarter 2024 earnings released: EPS: RM0.004 (vs RM0.05 loss in 3Q 2023) Third quarter 2024 results: EPS: RM0.004 (up from RM0.05 loss in 3Q 2023). Revenue: RM49.6m (up 58% from 3Q 2023). Net income: RM13.8m (up RM34.6m from 3Q 2023). Profit margin: 28% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 01
Second quarter 2024 earnings released: RM0.009 loss per share (vs RM0.013 loss in 2Q 2023) Second quarter 2024 results: RM0.009 loss per share. Revenue: RM85.6m (up 201% from 2Q 2023). Net loss: RM30.3m (loss widened 37% from 2Q 2023). Announcement • Dec 29
Bina Puri Holdings Bhd Announces Resignation of Tan Sri Datuk Tee Hock Seng, JP as Executive Member of Remuneration Committee Bina Puri Holdings Bhd announced resignation of TAN SRI DATUK TEE HOCK SENG, JP as Executive Member of Remuneration Committee. Date of change is December 29, 2023. Age is 74. Composition of Remuneration Committee: 1. Chee Su Kyun - Independent Non-Executive Director (Chairman), 2. Ir. Azman Bin Bujang - Independent Non-Executive Director (Member)and 3. Lee Hui Zien - Independent Non-Executive Director (Member). Reported Earnings • Dec 01
First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023) First quarter 2024 results: RM0.004 loss per share (improved from RM0.011 loss in 1Q 2023). Revenue: RM44.2m (up 17% from 1Q 2023). Net loss: RM13.6m (loss narrowed 24% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Nov 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM23m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (111% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM219.0m market cap, or US$46.7m). Announcement • Oct 31
Bina Puri Holdings Bhd, Annual General Meeting, Dec 12, 2023 Bina Puri Holdings Bhd, Annual General Meeting, Dec 12, 2023, at 11:00 China Standard Time. Agenda: To receive the audited financial statements for the financial year ended 30 June 2023 together with the reports of the Directors and Auditors thereon; to consider directorate reelections; to approve the payment of Directors' fees up to MYR 550,000 from 32nd AGM up to the conclusion of the 33rd AGM; to re-appoint Messrs. UHY as Auditors of the company; to consider Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016; and to consider other matters. Reported Earnings • Aug 31
Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022) Full year 2023 results: RM0.058 loss per share (further deteriorated from RM0.048 loss in FY 2022). Revenue: RM109.8m (down 53% from FY 2022). Net loss: RM121.2m (loss widened 62% from FY 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 01
Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022) Third quarter 2023 results: RM0.01 loss per share. Revenue: RM31.5m (down 43% from 3Q 2022). Net loss: RM20.7m (loss widened 16% from 3Q 2022). Reported Earnings • Mar 01
Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022) Second quarter 2023 results: RM0.013 loss per share (further deteriorated from RM0.009 loss in 2Q 2022). Revenue: RM28.4m (down 34% from 2Q 2022). Net loss: RM22.1m (loss widened 56% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 03
First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022) First quarter 2023 results: RM0.011 loss per share (further deteriorated from RM0.006 loss in 1Q 2022). Revenue: RM37.8m (down 19% from 1Q 2022). Net loss: RM17.9m (loss widened 123% from 1Q 2022). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Mohd Bin Abdul Aziz was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
Bina Puri Holdings Bhd, Annual General Meeting, Dec 05, 2022 Bina Puri Holdings Bhd, Annual General Meeting, Dec 05, 2022, at 11:00 Singapore Standard Time. Reported Earnings • Aug 31
Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021) Full year 2022 results: RM0.062 loss per share. Revenue: RM240.9m (down 16% from FY 2021). Net loss: RM66.4m (loss widened 3.9% from FY 2021). Reported Earnings • Jun 01
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: RM0.011 loss per share. Revenue: RM54.9m (down 15% from 3Q 2021). Net loss: RM17.9m (loss widened 49% from 3Q 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) were also behind analyst expectations. Announcement • May 19
Malaysia Pacific Corporation Berhad Provides Update on Material Litigation with Bina Puri Properties Sdn. Bhd. Bina Puri Holdings Berhad The Board of Directors of Malaysia Pacific Corporation Berhad updated that on 10 May 2022, the Defendants sought an adjournment of the hearing to allow the parties to amicably settle the matter. The Plaintiff had no objection to the said adjournment sought by the Defendants. The learned Judge granted an adjournment of the hearing of all three pending interlocutory applications and fixed a case management on 1st September 2022 for the parties to update the Court on the status of the settlement negotiations. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Mohd Bin Abdul Aziz was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 06
Lakehill Resort Development Sdn. Bhd Announces Material Litigation Update LAKEHILL RESORT DEVELOPMENT SDN. BHD announced in reference is made to the announcement dated 21 October 2021, 3 November 2021, 13 January 2022, 8 February 2022 and 11 February 2022 made by MPCORP. The terms herein shall bear the same meaning as defined in the said announcement. At the case management on 28 February 2022, the learned Registrar directed the following: The Defendants to file their affidavit in reply on or before 14 March 2022; The Plaintiff to file their affidavit in reply on or before 28 March 2022; Parties to file their Written Submission on or before 11 April 2022; and Parties to file their Reply Submissions on or before 25 April 2022. Plaintiff to file their interlocutory application on or before 1 March 2022. The hearing for Enclosure 15 and the Plaintiff's application to enter summary judgment against the Defendants are fixed on 10 May 2022 at 9.00 am and will be heard physically before the learned Judge at Mahkamah Tinggi NCVC 1. A case management for the main suit is also fixed on the same day. On 1 March 2022, the Plaintiff filed their application to strike out the Defendants' counterclaim. A case management is fixed on 10 May 2022 at 9.00 am. Reported Earnings • Mar 02
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: RM0.009 loss per share (up from RM0.015 loss in 2Q 2021). Revenue: RM43.1m (down 24% from 2Q 2021). Net loss: RM14.2m (loss widened 10% from 2Q 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 40% per year. Announcement • Jan 14
Malaysia Pacific Corporation Berhad Announces Update on Material Litigation Malaysia Pacific Corporation (MPCORP) announced reference is made to the announcement dated 21 October 2021 and 3 November 2021 made by MPCORP. Lakehill Resort Development Sdn. Bhd. ("Plaintiff") V 1. Bina Puri Properties Sdn. Bhd. 2. Bina Puri Holdings Berhad ("Defendants"). The terms herein shall bear the same meaning as defined in the said announcement. The Board of Directors of MPCORP announced that on 26 November 2021, the Court fixed a case management on 13 December 2021 to update the Court on the filing of pleadings. On 13 December 2021, the Court fixed a further case management on 11 January 2022 to update the Court on the filing of pleadings. On 11 January 2022, the Court fixed the next case management on 9 February 2022. The Company will announce further developments pertaining to the above matters as and when necessary. Reported Earnings • Nov 03
Full year 2021 earnings released: RM0.068 loss per share (vs RM0.094 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: RM287.5m (down 26% from FY 2020). Net loss: RM63.9m (loss widened 18% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 01
Full year 2021 earnings released: RM0.067 loss per share (vs RM0.033 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: RM222.6m (down 47% from FY 2020). Net loss: RM63.7m (loss widened 235% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
Third quarter 2021 earnings released: RM0.014 loss per share (vs RM0.014 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: RM64.5m (down 42% from 3Q 2020). Net loss: RM12.0m (loss widened 14% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 27
Second quarter 2021 earnings released: RM0.015 loss per share (vs RM0.014 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: RM56.6m (down 49% from 2Q 2020). Net loss: RM12.9m (loss widened 23% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 27
First quarter 2021 earnings released: RM0.011 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: RM64.7m (down 62% from 1Q 2020). Net loss: RM8.59m (down RM8.91m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 120% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. 
