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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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VISIT US
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Chin Hin Property Berhad (553434-U)
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A-0-9, Pusat Perdagangan Kuchai,
No. 2, Jalan 1/127, off Jalan Kuchai Lama,
58200 Kuala Lumpur, Wilayah Persekutuan.
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CONTACT US
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TEL: +603 9212 0449
FAX: +603-7981 7575
EMAIL: info@chinhinproperty.com
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USEFUL LINKS
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USEFUL LINKS
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Development Project
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> AERA
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Commercial Vehicle
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> BKCV
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> BKVI
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> BKFM
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FOLLOW US ON
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COPYRIGHT © 2020 CHIN HIN GROUP PROPERTY BERHAD.
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Chin Hin Property Berhad (553434-U)
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A-0-9, Pusat Perdagangan Kuchai,
No. 2, Jalan 1/127, off Jalan Kuchai Lama,
58200 Kuala Lumpur, Wilayah Persekutuan.
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CONTACT US
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TEL: +603 9212 0449
FAX: +603-7981 7575
EMAIL: info@chinhingroup.com
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USEFUL LINKS
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OUR CORE BUSINESS
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Development Project
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> AERA
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Commercial Vehicle
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> BKCV
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> BKVI
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> BKFM
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OUR CORE BUSINESS
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COPYRIGHT © 2020 CHIN HIN GROUP PROPERTY BERHAD.
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