CHINHIN

2.990

+0.04 (+1.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CHIN HIN GROUP BERHAD ("CHIN HIN" or "THE COMPANY") - ACQUISITION OF SHARES IN CHIN HIN GROUP PROPERTY BERHAD

CHIN HIN GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
CHIN HIN GROUP BERHAD ("CHIN HIN" or "THE COMPANY")
- ACQUISITION OF SHARES IN CHIN HIN GROUP PROPERTY BERHAD

The Board of Directors of Chin Hin wishes to announce that the Company had from the period between 25 September 2023 to 18 March 2024 acquired from the open market additional 31,466,200 ordinary shares of Chin Hin Group Property Berhad (“CHGP”), a subsidiary of the Company, at average of RM1.028 per share, representing 4.76% of the total issued and paid up share capital of CHGP for a total purchase consideration of RM30,496,120 (“Purchase Consideration”) (“Acquisition”).

 

Please refer to the attachment for full details of the announcement.

 

This announcement is dated 19 March 2024.




Please refer attachment below.



Announcement Info

Company Name CHIN HIN GROUP BERHAD
Stock Name CHINHIN
Date Announced 19 Mar 2024
Category General Announcement for PLC
Reference Number GA1-19032024-00032