Chin Hin eyes land in Johor to build new factories

Top gainer: Chiau (3rd from left) and other directors of the company reacting to the excellent performance of the stock during the listing ceremony at Bursa.

KUALA LUMPUR: Building material manufacturer Chin Hin Group Bhd is looking to acquire land in Johor to build new facilities to boost its manufacturing division.

“We are still in the early stages of the planning but if all goes well, we hope to secure a sizeable swath of land where we will build two factories. It will further drive growth in our manufacturing division and contribute to group revenue although we are expecting it to be realised in two to three years,” Chin Hin executive director cum chief financial officer Lee Hai Ping told StarBiz on the sidelines of the company’s listing at Bursa Malaysia yesterday.