KUALA LUMPUR: Bina Puri Holdings Bhd (“Bina Puri” or the “Company”) announced that its proposed scheme of arrangement (“Scheme”) in relation to its outstanding liabilities has been approved by the majority of its scheme creditors ("Scheme Creditors").

At Bina Puri's Court Convened Meeting  ("CCM") held on June 30 2026, the Scheme was approved by present and voting Scheme Creditors representing RM301.41 million or 87.62% of the total outstanding liabilities addressed under the Scheme. 

As the requisite majority of 75% in value of Scheme Creditors present and voting has been obtained, the Scheme has accordingly been approved. The Scheme will become binding on Bina Puri and its Scheme Creditors upon an order of sanction being made by the High Court of Malaya and upon such order being lodged with the Companies Commission of Malaysia. Following today's approval, Bina Puri has instructed its solicitors to proceed with the filing of the application for sanction of the Scheme.

Marcus Goh Kee Lun, Executive Director and Group CEO of Bina Puri, said:

"We are grateful for the support shown by our Scheme Creditors today with regards to our proposed Scheme of arrangement. The outcome of today’s vote, which was strongly in favour of the Scheme, is a vote of confidence in Bina Puri, in the fairness of the settlement we have put forward, and in the future of the Company. 

It marks a decisive step in our restructuring process and sets us firmly on the path to a stronger, more resilient balance sheet.

Our immediate priority is to obtain the Court's sanction and complete the remaining steps efficiently, so that we can honour our commitments to creditors while turning our full attention to growth. With our finances stabilised, we are well placed to pursue future growth opportunities."