KUALA LUMPUR (Jan 14): Chin Hin Group Property Bhd (CHGP)’s non-independent and non-executive chairman Datuk Seri Chiau Beng Teik and his family have launched a mandatory general offer (MGO) for the rest of the shares they do not own in the company.
In a filing with the stock exchange, the group said Divine Inventions Sdn Bhd — which is subsidiary of PP Chin Hin Realty Sdn Bhd, a vehicle owned by Chiau, his wife Datin Seri Wong Mee Leng and their son and executive director Chiau Haw Choon — had acquired five million CHGP shares (representing a 1.69% stake in the company) in the open market at 30 sen a piece.
In addition, Beng Teik had acquired 13.36 million shares (4.51% stake) from Hextax Holdings Sdn Bhd and Ong Choo Meng at 30 sen per share.
Source: https://www.edgeprop.my//content/1633114/chiau-family-triggers-mgo-chin-hin-group-property
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CHIN HIN GROUP PROPERTY BERHAD
Registration No. 200101017677 (553434-U)
CONTACT US
Corporate Office
Address:
1177, Jalan Dato Keramat, 14300
Nibong Tebal, Seberang Perai Selatan, Penang.
TEL: +604-5931504
FAX: +604-5981696
EMAIL: bkgb@boonkoon.com
property Sales Office
Address:
A-0-9, Pusat Perdagangan Kuchai,
No. 2, Jalan 1/127, off Jalan Kuchai Lama,
58200 Kuala Lumpur, Wilayah Persekutuan.
TEL: +603 9212 0449
FAX: +603-7981 7575
EMAIL: info@chinhingroup.com
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