KUALA LUMPUR (March 6): Chin Hin Group Property Bhd’s (CHGP) non-independent and non-executive chairman Datuk Seri Chiau Beng Teik and his family now control 59.08% of CHGP after the close of a mandatory general offer the family triggered last month after raising their stake in the company.

The MGO was made via Divine Inventions Sdn Bhd, a subsidiary of PP Chin Hin Realty Sdn Bhd, which is owned by Beng Teik, his wife Datin Seri Wong Mee Leng and their son and executive director Chiau Haw Choon.

It entails an offer of 30 sen per share for the remaining shares that the Chiau family does not currently own, and a 10 sen per share price for the warrants they do not hold.

Source: https://www.edgeprop.my//content/1656785/chiau-family-controls-59-chin-hin-group-property-after-mgo

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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

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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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