KUALA LUMPUR: Chin Hin Group Bhd has completed the acquisition of a 50.8% stake in Chin Hin Group Property Bhd (CHGP), making it a subsidiary of the integrated building materials manufacturer and distributor.
In a statement, Chin Hin said CHGP will be the third public listed company to be included in the Chin Hin conglomerate, together with Solarvest Holdings Bhd and Signature International Bhd.
Chin Hin said the acquisition is part of managing director Chiau Haw Choon’s (pic) aspiration of expanding the group into a diversified conglomerate, rather than just focusing on one particular business.
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