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Fiamma pays RM109 64mil for a 0 76 ha land in KL, eyes mixed development

KUALA LUMPUR: Fiamma Holdings Bhd announced that it had paid RM109.64 million as land premium for a 0.76 hectares (ha) plot of land along Jalan Yap Kwan Seng, Kuala Lumpur, on behalf of its unit Sinaran Urusjuta, which is principally involved in the business of real estate activities.

Kuala lumpurSinaran urusjutaJalan yap kwan sengFiamma holdings bhdMines officeFiamma holdingsBursa malaysiaFederal territories directorPetronas twinCorporate newsMixed development

Two IPOs and other corporate exercises in Chin Hin s pipeline

Since Chin Hin Group Bhd made its debut on Bursa Malaysia seven years ago, the Chiau family has been busy with corporate exercises, including the injection of its property development business into Boon Koon Group, which is now known as Chin Hin Group Property Bhd, as well as purchases of stakes in a few listed companies.

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Market Recap: Top gainers and losers on Bursa in 2022

IT has been another eventful year for Bursa Malaysia, as the nation began transitioning to the endemic phase of Covid-19 on April 1 amid global headwinds such as high inflation, rising interest rates and geopolitical tensions. The local market along with other Asian bourses, with the exception of Singapore’s Straits Times Index is ending the year in negative territory. The FBM KLCI had lost 5.7% year to date (YTD) to 1,478.54 points on Dec 16 compared with the STI’s gain of 3.7%.

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Chin Hin founder and son take the helm at Fiamma Holdings

KUALA LUMPUR (Sept 26): Chin Hin Group Bhd’s founder and executive chairman Datuk Seri Chiau Beng Teik has added another feather to his cap with his new appointment as non-executive chairman of electrical home appliance distributor Fiamma Holdings Bhd, effective immediately.

Kuala lumpurDatuk bahar ahmadAjiya bhdChoo hongChin hin groupSignature international bhdChin hin group bhdFiamma holdings bhdChin hin group property bhdChin hin group propertyDatuk seri chiau beng teikSignature internationalHaw choonBeng teikLim choo hong