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Scanwolf Corp Bhd has announced Tan Sri Syed Zainal Abidin Syed Mohamed Tahir’s appointment as its independent non-executive chairman among several boardroom changes at a time when the property developer’s substantial shareholder has reduced her stake in the firm following the emergence of new substantial shareholders. ....
Chin Hin Group buys 31% of Signature International phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
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. ....
Malaysia's Chin Hin Group Bhd has added another listed company to its portfolio, following the acquisition of a 31.2 per cent stake in Malaysia’s largest kitchen cabinet and wardrobe manufacturer, Signature International Bhd. ....