Chin Hin sells 44.12mil shares in Signature International for RM59.99mil

TheStar Wed, Dec 10, 2025 08:25pm - 2 months View Original


KUALA LUMPUR: Chin Hin Group Bhd has disposed of 44.12 million ordinary shares in its subsidiary, Signature International Bhd (SIB), at an average price of RM1.36 per share for a total consideration of about RM59.99 million.

In a filing with Bursa Malaysia today, it said the disposals, representing 6.83 per cent of SIB’s total issued and paid-up share capital, were carried out via off market transactions between July 25, 2025 and Dec 9, 2025.

Before the disposal, Chin Hin held 455.23 million shares in SIB or a 70.52 per cent stake, Following the disposal, the number of shares held in SIB decreased to 411.11 million or 63.69 per cent.

SIB is a company listed on the Main Market of Bursa Malaysia Securities Bhd, principally involved in investment holding.

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