PETALING JAYA: Chin Hin Group Bhd
has disposed of a 6.83% stake in its subsidiary, Signature International Bhd (SIB), in a series of off-market transactions conducted between July 25 and Dec 9, 2025.
The sale involved 44.12 million shares at an average price of RM1.36 each, raising approximately RM59.99mil, according to a stock exchange filing.
Following the disposal, Chin Hin’s ownership in SIB fell to 63.69% from 70.52%.
The group said the move was part of its capital management strategy aimed at realising value and reallocating funds for strategic priorities, with the proceeds earmarked for working capital.
SIB, is primarily involved in kitchen and wardrobe systems, furniture components, and interior design.
It reported a net profit of RM83.4mil and net assets of RM527.4mil for the financial year ended Dec 31, 2024.
