WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR BINA PURI HOLDINGS BHD ("BPHB" OR "THE COMPANY") - WINDING-UP PETITION SERVED ON ASCOTVILLE DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
| BINA PURI HOLDINGS BHD |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | BINA PURI HOLDINGS BHD ("BPHB" OR "THE COMPANY")
- WINDING-UP PETITION SERVED ON ASCOTVILLE DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
|
The Board of Directors of BPHB wishes to announce that Ascotville Development Sdn. Bhd. ("ADSB"), a wholly-owned subsidiary of the Company, had on 8 December 2025 received a Winding-Up Petition dated 24 November 2025 in the High Court in Sabah and Sarawak at Kota Kinabalu served by JV Champion Sdn. Bhd. (“the Petitioner”) (“the Petition”).
The Petitioner has initiated the Petition for the alleged sum of RM764,437.50.
ADSB is currently seeking legal advice and will take all necessary steps to oppose and defend against the Petition.
ADSB is not a major subsidiary of the Company as defined under Chapter 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
The date of hearing for the Petition has been fixed on 6 January 2026.
Any material development in this matter will be announced in due course.
This announcement is dated 9 December 2025. |
|
Announcement Info
| Company Name | BINA PURI HOLDINGS BHD |
| Stock Name | BPURI |
| Date Announced | 09 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09122025-00050 |