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aws账号(www.2km.me)_Chin Hin to acquire stake in Makna Setia

admin2021-12-1428

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Chin Hin Group Property executive director Chiau Haw Choon

PETALING JAYA: Chin Hin Group Property Bhd has proposed to acquire 60% equity interest in Makna Setia Sdn Bhd for RM9mil cash.

In a statement, the company said the acquisition would be done by its 65%-owned subsidiary, Kayangan Kemas Sdn Bhd.

Chin Hin executive director Chiau Haw Choon said the proposed acquisition would enable the group to diversify and tap into the infrastructure construction industry, complementing its existing property development business and Kayangan Kemas’ construction business.

“The proposed acquisition will not only enable Chin Hin to have an indirect access to the on-going and future projects of Makna Setia, but also expand to a wider scope within the construction industry which includes public infrastructure development such as bridges, railway tracks and highways,” he said.


转载说明:本文转载自Sunbet。

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