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Chin Hin buys into Signature International


Chooi is the group executive director and a major shareholder of Signature.
The acquisition would allow Chin Hin to venture into kitchen, home and living solutions as compared to its focus on building materials currently, according to its managing director Chiau Haw Choon.
“Signature Group’s products are not only supplied to property development projects but also directly to consumers through its various retail outlets, which will enable the group to tap into the business-to-consumer segment.
“Synergistic benefits are expected to arise from the acquisition as both the group and Signature are operating in and servicing the same industry, namely the construction and property development industry, ” he said in a statement. ....

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Building material maker Chin Hin buys 31.2% stake in Signature International for RM93.6m

Building material maker Chin Hin buys 31.2% stake in Signature International for RM93.6m
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