Circular/Notice to Shareholders
| CHIN HIN GROUP PROPERTY BERHAD |
| Subject | PART A - CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED JOINT VENTURE BETWEEN BKG DEVELOPMENT SDN BHD ("BKGD"), A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP PROPERTY BERHAD ("CHGP") AND FIAMMA HOLDINGS BERHAD ("FHB"), FOR A MIXED COMMERCIAL DEVELOPMENT IN KUALA LUMPUR, WHICH INVOLVE THE PROPOSED SUBSCRIPTION BY BKGD OF 1,166,667 NEW ORDINARY SHARES IN SINARAN URUSJUTA SDN BHD ("SUSB"), A WHOLLY-OWNED SUBSIDIARY OF FHB, REPRESENTING 70.0% OF THE ENLARGED ISSUED ORDINARY SHARES IN SUSB FOR A TOTAL CASH CONSIDERATION OF RM1,166,667, WHERE BKGD WILL THEREAFTER, CAUSE AND PROCURE SUSB TO REPAY AND/OR REDEEM A TOTAL ESTIMATED AMOUNT SUM OF RM146.07 MILLION OWED BY SUSB (THE FINAL AMOUNT WILL BE DETERMINED UPON COMPLETION OF THE KLCC 2 PROJECT) TO FHB AND ITS SUBSIDIARIES ("PROPOSED JOINT VENTURE"); AND PART B - INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHGP IN RELATION TO THE PROPOSED JOINT VENTURE |
Please refer attachment below.
Announcement Info
| Company Name | CHIN HIN GROUP PROPERTY BERHAD |
| Stock Name | CHGP |
| Date Announced | 16 Apr 2026 |
| Category | Document Submission |
| Reference Number | DCS-16042026-00017 |