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
CHIN HIN GROUP PROPERTY BERHAD
200101017677 (553434-U)
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A-1-9, Pusat Perdagangan Kuchai,
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+603 7971 7050
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CHIN HIN GROUP PROPERTY BERHAD
200101017677 (553434-U)
A:
T:
E:
A-1-9, Pusat Perdagangan Kuchai,
No. 2, Jalan 1/127,
Off Jalan Kuchai Lama,
58200, Kuala Lumpur,
Wilayah Persekutuan.
+603 7971 7050
info@chinhinproperty.com
CONNECT WITH US
CHIN HIN GROUP PROPERTY BERHAD
200101017677 (553434-U)
A: A-1-9, Pusat Perdagangan Kuchai,
No. 2, Jalan 1/127,
Off Jalan Kuchai Lama,
58200, Kuala Lumpur,
Wilayah Persekutuan.
T: +603 7971 7050
E: info@chinhinproperty.com
CONNECT WITH US