(CHGP). The proposed acquisition is deemed a related party transaction with the shares representing 51.5 per cent equity interest and 37.56 million warrants in CHGP worth RM88.86 million. Chin Hin has also proposed to undertake a bonus issue of up to 278.194 million new ordinary shares on the basis of one bonus share for every two ordinary shares in Chin Hin held at an entitlement date to be determined later. In a filing with Bursa Malaysia today, the company said after the acquisition is completed, Chin Hin will be obliged to undertake a mandatory take-over offer for all the remaining CHGP shares and CHGP warrants not already owned by Chin Hin and parties acting in concert with it.