CHINHIN

4.990

+0.02 (+0.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS (I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD; (II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH; AND ((III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD (COLLECTIVELY KNOWN AS PROPOSALS)

CHIN HIN GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
(I)	PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD; 
(II)	PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH;  AND
((III)	PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD

(COLLECTIVELY KNOWN AS PROPOSALS)

We refer to the announcements dated 8 November 2019, 3 January 2020, 10 January 2020 and 6 April 2020.

 

On behalf of the Board of Directors of Chin Hin, M&A Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad had on 13 April 2020 approved the extension of time up to 31 May 2020 to issue the circular and independent advice letter in relation to the Proposals.

 

This announcement is dated 14 April 2020.






Announcement Info

Company Name CHIN HIN GROUP BERHAD
Stock Name CHINHIN
Date Announced 14 Apr 2020
Category General Announcement for PLC
Reference Number GA1-14042020-00013