Chin Hin buys lands in Melaka totalling RM41.94mil

KUALA LUMPUR: Chin Hin Group Property Bhd (CHGP) has entered into sale and purchase agreements with MDS Developments Management Sdn Bhd, Aim Development Worldwide Sdn Bhd and Aim Holdings Worldwide Sdn Bhd to acquire six parcels of land in Melaka totalling RM41.94mil.

In a filing with Bursa Malaysia, CHGP said the proposed acquisitions are in line with the overall strategy of the group to source for new landbank and expand its property development segment.