On Dec 28, 2020, the group announced the issuance of up to 278.
Public Invest Research analyst Ching Weng Jin said on Tuesday that the latest proposed bonus issue exercise is the second one this year as a means of rewarding its shareholders.
Synergistic benefits are expected to arise from the acquisition as both the Group and Ajiya Group are operating in and servicing the same industry, namely the construction and property development industry.
The bonus shares will be issued as fully paid at no consideration and without capitalisation of the company's reserves.
Please consult your broker or financial representative to verify pricing before executing any trades.
Chin Hin Group property Berhad is an investment holding company.
Sectors: Industrial Products, , , Code: 7187 Website: Related Links: Top Shareholdings Updated on 6-Aug-2021 Shareholder Value M Chin Hin Group Berhad 158.
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