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Chin Hin Group Property Bhd (KL:CHGP) said the deal the group entered into to develop a residential project in Taman Connaught, Cheras, has been revoked as it was unable to obtain the relevant development approval for the land.
Chin Hin Group Property Bhd (KL:CHGP) has decided not to proceed with the remaining portion of its private placement exercise after the expiry of the extended implementation period.
K Seng Seng Corp Bhd (KL:KSSC) has proposed to change its name to EC Excel Holdings Bhd, with the new name having already been approved and reserved by the Companies Commission of Malaysia (SSM).
Chin Hin Group Property Bhd (KL:CHGP) has celebrated the topping out of Solarvest Suites, a 34-storey premium office and lifestyle development in Bangsar South, according to a press statement issued on April 7.
K Seng Seng Corporation Bhd (KL:KSSC) saw the emergence of Samuel Ng Heng Hong as a substantial shareholder after he bought a block from the company’s former executive chairman Datuk Keh Chuan Seng and Chiau brothers.
Chin Hin Group Property Bhd (KL:CHGP) has abruptly withdrawn its bid to seek for more time to complete its planned private placement to raise RM105 million, just one day after the company filed the application for a six-month extension to finalise the corporate exercise.
AT first glance, a consistently high dividend payout may appear attractive, suggesting management’s alignment with shareholder interests by returning cash to investors. However, when a company distributes more than it earns — resulting in a payout ratio that exceeds 100% — the implications are mo...