Stock With Momentum: Chin Hin Group
Chin Hin Group Bhd (-ve)
Chin Hin Group Bhd (fundamental: 0.45/3, valuation: 1.4/3), which made it to our Stocks with Momentum list yesterday for the first time this year, closed half a sen or 0.68% higher at 74 sen.
The stock saw 1.49 million shares traded, about three times its 200-day average trading volume of 420,075 shares.
On Jan 30, the group said it was teaming up with a Singapore company to provide consultancy and solutions for construction players in Malaysia.
Its wholly-owned subsidiary Chin Hin Academy Sdn Bhd has entered into a teaming agreement with Singapore consulting firm Bimage Consulting Pte Ltd to exclusively and jointly develop proposals with consultancy and solutions for customers in Malaysia.
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