Chin Hin Group Property to acquire 45% stake in Aima Construction for RM31.5 million
The proposed acquisition will cement the Company s goal to transform into a major property and construction player in Malaysia.
KUALA LUMPUR, Mar 10, 2021 - (ACN Newswire) - Chin Hin Group Property Berhad (CHGP; 7187), a Bursa Main Market listed company primarily involved in assembly and sales of new and rebuilt commercial vehicles as well as property development, announced today its proposed acquisition of 45% equity in Aima Construction Sdn Bhd ( Aima ), signifying its interest to venture into the construction industry.
Aima Construction Sdn Bhd Chairman Mr Khor Ooi Min, Aima Construction Sdn Bhd Managing Director Mr Khor Ken Yeon; Chin Hin Group Property Berhad Executive Director Mr Chiau Haw Choon, Chin Hin Group Property Berhad Chairman Datuk Seri Chiau Beng Teik at the signing ceremony held this morning (L-R).
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