This Circular is dated 29 May 2020 THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular. CHIN HIN GROUP BERHAD (Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia) CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A (I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000; (II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND (III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD (COLLECTIVELY KNOWN AS “PROPOSALS”) PART B INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS AND NOTICE OF EXTRAORDINARY GENERAL MEETING STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance CMSL/A0124/2007) (Licensed by Securities Commission Malaysia) The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0- 2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11 th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof (In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.) M&A SECURITIES SDN BHD (Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad) (A Participating Organisation of Bursa Malaysia Securities Berhad) Adviser Independent Adviser
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THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, please consult your stockbroker, bank manager, solicitor, accountant, bank manager or other professional advisers immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) takes no responsibility for the contents of this Circular, valuation certificate and report, if any, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.
CHIN HIN GROUP BERHAD
(Registration No.: 201401021421 (1097507-W)) (Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:
PART A
(I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD (“CHIN HIN”), TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000;
(II) PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000; AND
(III) PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
(COLLECTIVELY KNOWN AS “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF CHIN HIN IN RELATION TO THE PROPOSALS
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser Independent Adviser
M&A SECURITIES SDN BHD
(Registration No.197301001503 (15017-H)) (A Wholly-Owned Subsidiary of Insas Berhad)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
STRATEGIC CAPITAL ADVISORY SDN BHD (Registration No.199901003253 (478153-U)) (Investment Adviser- Corporate Finance
CMSL/A0124/2007) (Licensed by Securities Commission Malaysia)
The Notice of the Extraordinary General Meeting (“EGM”) of Chin Hin to be held at Chin Hin Culture Centre, No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur together with the Form of Proxy, are enclosed. The completed and signed Form of Proxy should be lodged at the Share Registrar of the Company, Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on or before the date and time indicated below in order for it to be valid. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the EGM should you wish to do so. Last date and time for lodging the Form of Proxy : Monday, 13 July 2020 at 10.30 a.m. Date and time for the EGM : Wednesday, 15 July 2020 at 10.30 a.m. or immediately after the
conclusion of the Company’s Annual General Meeting, whichever is later or at any adjournment thereof
(In view of the constant evolving COVID-19 situation in Malaysia, we may be required to change the arrangements of our EGM at short notice. Kindly visit Bursa Securities’ and Company’s website at www.chinhingroup.com for the latest updates on the status of the said meeting.)
This Circular is dated 29 May 2020
61
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APPENDIX V
VALUATION CERTIFICATES (Prepared for inclusion in the Circular)
115
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