CHGP

1.050

(%)

GENERAL MEETINGS: Notice of Meeting

CHIN HIN GROUP PROPERTY BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
Notice of Extraordinary General Meeting ("EGM")

The EGM of the Company will be conducted on fully virtual basis via remote participation through live stream and online voting.
Date of Meeting 27 May 2021
Time 11:00 AM

Venue(s)
Boardcast Venue at Chin Hin Culture Centre

No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai

No. 2, Jalan 1/127, Off Jalan Kuchai Lama

58200 Kuala Lumpur

Malaysia

Date of General Meeting Record of Depositors 19 May 2021

Resolutions


1. Ordinary Resolution 1

Description
PROPOSED ACQUISITION BY STELLAR TRINITY SDN BHD ("STELLAR"), A WHOLLY-OWNED SUBSIDIARY OF BKG DEVELOPMENT SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF CHGP, OF TWO (2) PARCELS OF FREEHOLD LANDS IDENTIFIED AS LOT 651, GM 4036 AND LOT 652, GM 3418, MUKIM SERENDAH, DAERAH HULU SELANGOR, NEGERI SELANGOR ("FI LAND") FROM FRAZEL ICON SDN BHD ("FISB") FOR AN AGGREGATE CASH CONSIDERATION OF RM9,407,410.99, SUBJECT TO ADJUSTMENT ("PROPOSED ACQUISITION OF FI LAND")
Shareholder’s Action For Voting

2. Ordinary Resolution 2

Description
PROPOSED ACQUISITION BY STELLAR, A WHOLLY-OWNED SUBSIDIARY OF BKG
DEVELOPMENT SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF CHGP, OF THREE (3) PARCELS OF FREEHOLD LANDS IDENTIFIED AS LOT 648, GM 3734, LOT 650, GM 4035 AND LOT 1301 GERAN 23462, MUKIM SERENDAH, DAERAH HULU SELANGOR OR ULU SELANGOR, NEGERI SELANGOR ("FW LAND") FROM FRAZEL WORLD SDN BHD ("FWSB") FOR AN AGGREGATE CASH CONSIDERATION OF RM45,114,934.03, SUBJECT TO ADJUSTMENT ("PROPOSED ACQUISITION OF FW LAND")
Shareholder’s Action For Voting

3. Ordinary Resolution 3

Description
PROPOSED ACQUISITION BY BOON KOON CAPITAL SDN BHD ("BKC"), A WHOLLY-OWNED SUBSIDIARY OF CHGP, OF A PARCEL OF FREEHOLD LAND IDENTIFIED AS HSD 52600, PT NO 65618, BANDAR CYBERJAYA, DAERAH SEPANG, NEGERI SELANGOR ("CYBERJAYA LAND") FROM SMD REAL ESTATE SDN BHD ("SMD") FOR CASH CONSIDERATION OF RM50,223,329.60 (PROPOSED ACQUISITION OF ("CYBERJAYA LAND")
Shareholder’s Action For Voting

4. Ordinary Resolution 4

Description
PROPOSED ACQUISITION BY BOON KOON COMMERCIAL SDN BHD ("BOON KOON
COMMERCIAL"), A WHOLLY-OWNED SUBSIDIARY OF BKG DEVELOPMENT SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF CHGP, OF A PARCEL OF FREEHOLD LAND IDENTIFIED AS LOT 484, GERAN 326333, PEKAN KINRARA, DAERAH PETALING, NEGERI SELANGOR ("KINRARA LAND") FROM PERUMAHAN KINRARA BERHAD (PKB) FOR CASH CONSIDERATION OF RM59,765,600 ("PROPOSED ACQUISITION OF KINRARA LAND")
Shareholder’s Action For Voting



Please refer attachment below.

Attachments

CHGP - Notice of EGM.pdf
46.3 kB




Announcement Info

Company Name CHIN HIN GROUP PROPERTY BERHAD
Stock Name CHGP
Date Announced 04 May 2021
Category General Meeting
Reference Number GMA-04052021-00005
Corporate Action ID MY210504MEET0005