KUALA LUMPUR (Nov 25): Chin Hin Group Bhd, which reported today a 15.16% rise in third quarter net profit to RM7.37 million, said it is confident that its associate Solarvest Holdings Bhd could be the next earnings growth driver for the building material distributor.

In a Bursa Malaysia filing today, Chin Hin said the order book of Solarvest remains strong.

“Our associate company Solarvest, slated to debut on the ACE Market of Bursa Malaysia on Nov 26, is planning to raise RM34.59 million from its initial public offering (IPO).

Source: https://www.edgeprop.my//content/1614650/chin-hin-reports-3q-profit-rise-sees-solarvest-growth-driver