Bina Puri to diversify, eyes Indonesian power plant and mining

KUALA LUMPUR: Construction outfit Bina Puri Holdings Bhd is planning to further diversify the company’s sources of income by acquiring a hydro-power plant in Pulau Bangka, Indonesia, and entering the mining business.

The company’s group managing director, Tan Sri Tee Hock Seng, said the decision was made to diversify the sources of income further as the core construction business suffered from extremely low profit margins.

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Posted May 26, 2012 by repit in News

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