CHINHIN

3.200

-0.02 (-0.6%)

OTHERS CHIN HIN GROUP BERHAD - ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.20 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

CHIN HIN GROUP BERHAD

Type Announcement
Subject OTHERS
Description
CHIN HIN GROUP BERHAD 
- ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.20 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Paragraph 9.20 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Chin Hin Group Berhad (“CHGB” or “the Company”) wishes to announce that as at 23 April 2024, the aggregate value of quoted securities acquired by the Company that has not been announced for the preceding twelve (12) months has exceeded 5% of the Company’s latest audited consolidated net assets as at 31 December 2022. The details of the investment in the quoted securities are as follows:

 

 

 

 

 

RM

% of CHGB's latest audited consolidated net assets

(a)

Aggregate purchase consideration within the preceding twelve (12) months

 

 139,920,374*

 24,70% *

(b)

Aggregate sale consideration within the preceding twelve (12) months

 

 -

 -

(c)

Investments in quoted securities as at 23 April 2024

 

 

  • Total Cost

 

 RM139,920,374

 

  • Total Book Value

 

 RM139,920,374

 

  • Total Market Value

 

 RM171,402,952

(d)

Net profit/loss arising from the disposal of quoted securities by CHGB during the current financial year ending 31 December 2024 (Sales proceeds less investment cost and incidental expenses)

 

 Not Applicable

 

*  Inclusive of the acquisition of 142,049,472 ordinary shares in Signature International Berhad pursuant to the Mandatory General Offer approved by Company’s shareholders at the Extraordinary General Meeting held on 29 March 2024.

 

The acquisition of the quoted securities as announced were made within the period from 2 April 2024 to 23 April 2024.

 

This announcement is dated 24 April 2024.






Announcement Info

Company Name CHIN HIN GROUP BERHAD
Stock Name CHINHIN
Date Announced 24 Apr 2024
Category General Announcement for PLC
Reference Number GA1-24042024-00023