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RTO of LTKM Berhad via the Acquisition of EMS Business for RM336 Million

Company to dispose of existing poultry business for RM158.83 million, with proceeds to be distributed to shareholders as special dividend and capital repayment ....

Gurmakh Singh , Sdn Bhd , Chai Voon Sun , Ajmer Singh , Securities Commission , Publisherelectronics Semiconductors , Chin Hin Group Berhad , Assembly Sdn Bhd Local , Electronics Semiconductors , Technology Berhad , Bursa Securities Malaysia , Datuk Tan Kok , Ladang Ternakan Kelang Sdn Bhd , Local Assembly Sdn Bhd , Local Assembly , Wee Thian Song , Divine Inventions Sdn Bhd , Proven Venture Sdn Bhd , Divine Inventions , Datuk Seri Chiau Beng Teik , Executive Chairman , Managing Director , Bursa Securities Malaysia Berhad , Securities Sdn Bhd ,

RTO of LTKM Berhad via the Acquisition of EMS Business for RM336 Million

Company to dispose of existing poultry business for RM158.83 million, with proceeds to be distributed to shareholders as special dividend and capital repaymentKLANG, Malaysia, Apr 8, 2022 - (ACN Newswire) ....

Gurmakh Singh , Sdn Bhd , Kostenloser Wertpapierhandel , Chai Voon Sun , Ajmer Singh , Abdul Wahab , Securities Commission , Chin Hin Group Berhad , Assembly Sdn Bhd Local , Technology Berhad , Bursa Securities Malaysia , Voon Sun , Managing Director , Local Assembly , Executive Chairman , Datuk Tan , Thian Song , Executive Director , Engineering Director , General Manager , Datuk Seri Chiau Beng Teik , Datuk Tan Kok , Tan Kah Poh , Rahman Ali Bin Abdul Wahab , Proven Venture , Ladang Ternakan Kelang Sdn Bhd ,

acnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acnnewswire.com Daily Mail and Mail on Sunday newspapers.

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RTO of LTKM Berhad via the Acquisition..（JCN プレスリリース）

KLANG, Malaysia, Apr 8, 2022 - ( JCN Newswire ) - LTKM Berhad (LTKM), a leading chicken egg producer, today announced a composite proposal, chiefly to divest the Company's existing business and venture into the business of providing of electronic manufacturing services (EMS) while at the same time, rectify its non-compliance with the public spread requirement of its shares under the listing requirements of Bursa Securities Malaysia Berhad.Executive Chairman of LTKM, Datuk Tan Kok said, "At its core, the proposals seek to reward our shareholders from the proceeds of the disposal of the Company's existing poultry business while at the same time, allow them to continue participating in the new EMS business following the proposals.""The proposed disposal comes amid the challenging operating landscape for the poultry industry brought on by overcapacity, low average selling price of eggs, high raw material prices, difficulty in controlling disease ....

Gurmakh Singh , Sdn Bhd , Chai Voon Sun , Ajmer Singh , Securities Commission , Chin Hin Group Berhad , Assembly Sdn Bhd Local , Technology Berhad , Bursa Securities Malaysia , Datuk Tan Kok , Ladang Ternakan Kelang Sdn Bhd , Local Assembly Sdn Bhd , Local Assembly , Wee Thian Song , Divine Inventions Sdn Bhd , Proven Venture Sdn Bhd , Divine Inventions , Datuk Seri Chiau Beng Teik , Executive Chairman , Managing Director , Bursa Securities Malaysia Berhad , Securities Sdn Bhd ,

Chin Hin to buy 51.5% stake in Chin Hin Group Property from Chiau family for RM88.86m; announces bonus issue

The group also announced a bonus issue of 278.19 million shares.
In a bourse filing, Chin Hin announced that it had signed a sale and purchase agreement with Chin Hin executive chairman Beng Teik and his son, who is also Chin Hin managing director, Haw Choon alongside their vehicle Divine Inventions Sdn Bhd to acquire 176.61 million shares or a 51.5% stake in CHGP and 37.65 million or 30.9% of the warrants in CHGP for RM88.86 million.
According to Chin Hin, Divine Inventions controls 116.61 million CHGP shares (equivalent to a 34% stake) and 2.79 million or 2.3% of the warrants in CHGP. Beng Teik himself controls a 15.2% stake in CHGP and 28.6% of CHGP’s warrants. Haw Choon directly controls 7.86 million shares in CHGP. ....

Kuala Lumpur , Sdn Bhd , Shelly Chiau , Pp Chin Hin Realty Sdn Bhd , Chin Hin Group Bhd , Securities Commission Malaysia On Dec , Chin Hin Group Property Bhd , Datuk Seri Chiau Beng Teik , Chin Hin , Beng Teik , Haw Choon , Divine Inventions Sdn Bhd , Divine Inventions , Securities Commission Malaysia , Securities Sdn Bhd , Strategic Capital Advisory Sdn Bhd , Bursa Malaysia , குவாலா லம்பூர் , ஸ்டன் ப்ட் , ப்ப் கன்னம் ஹின் ரியல்டீ ஸ்டன் ப்ட் , கன்னம் ஹின் குழு ப்ட் , பத்திரங்கள் தரகு மலேசியா ஆன் டெக் , கன்னம் ஹின் குழு ப்ராபர்டீ ப்ட் , கன்னம் ஹின் , ஹா சூன் , தெய்வீக கண்டுபிடிப்புகள் ஸ்டன் ப்ட் ,