Bintai Kinden in PFF tie-up


PETALING JAYA: Bintai Kinden Corp Bhd has fashioned a 51:49 three way partnership (JV) with Petro Flanges & Fittings Sdn Bhd (PFF) to provide supplies and tools to the native and worldwide oil and gasoline (O&G) trade, together with the Center East by way of the distributorship channel of PFF .

Bintai Kinden, in a press release, stated the businesses would arrange the JV, Bintai Vitality Sdn Bhd, to capitalize on the anticipated O&G trade restoration as capital investments choose up at residence and overseas.

Bintai Kinden’s wholly-owned unit Kejuruteraan Bintai Kindenko Sdn Bhd, yesterday entered right into a particular objective car and shareholder’s settlement with PFF for the strategic collaboration.

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