CHGP in leadership change


PETALING JAYA: Chin Hin Group Property Bhd (CHGP) has appointed Chang Tze Yoong as its group chief executive officer of the property development division, with effect from Jan 1, 2025.

In a filing with Bursa Malaysia, CHGP said Chang, 48, has over 23 years of experience in the property development industry covering operational processes, strategic business acumen and strong industry network.

For the third quarter ended Sept 30, 2024, CHGP’s net profit slipped to RM1.08mil from RM1.1mil in the previous corresponding period, while revenue rose to RM212.45mil from RM138.6mil a year earlier.

In a filing on its financial results, CHGP said it remains optimistic about its long-term prospects and will continue to seek opportunities to expand the group’s revenue and ensure the on-going projects are completed on time.

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