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.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
