Chin Hin said the acquisition is part of managing director Chiau Haw Choon’s (pic) aspiration of expanding the group into a diversified conglomerate, rather than just focusing on one particular business.
KUALA LUMPUR: Chin Hin Group Bhd
has completed the acquisition of a 50.8% stake in Chin Hin Group Property Bhd
(CHGP), making it a subsidiary of the integrated building materials manufacturer and distributor.
In a statement, Chin Hin said CHGP will be the third public listed company to be included in the Chin Hin conglomerate, together with Solarvest Holdings Bhd
and Signature International Bhd
.
