PETALING JAYA: Chin Hin Group Property Bhd
is disposing of its stakes in four companies to N&K Resources (M) Sdn Bhd for RM74mil, to focus on its core business of property development.
In a filing with Bursa Malaysia, Chin Hin said it is disposing of its entire equity interest in Boon Koon Vehicles Industries Sdn Bhd, BKCV Sdn Bhd, Boon Koon Fleet Management Sdn Bhd and BK Fleet Management Sdn Bhd – all of which undertake the company’s commercial vehicles and bodyworks business.
