Chin Hin Group Property enters Joint Venture with Fiamma

Deal typeCapital Markets
IndustryReal Estate
Client nameChin Hin Group Property Berhad
Hin Group Property Bhd (CHGP), via its wholly owned subsidiary BKG Development Sdn Bhd (BKGD), has entered into a joint venture with Fiamma Holdings Bhd (FHB) to jointly develop a prime leasehold commercial land in Kuala Lumpur city centre.

The JV will undertake a mixed development project named KLCC 2 Residence, located along Jalan Saloma, near the iconic KLCC area.

BDO acted as independent adviser to Chin Hin Group Property Berhad in relation to a proposed joint venture between BKG Development Sdn Bhd, a wholly-owned subsidiary of Chin Hin Group Property Berhad, with Fiamma Holdings Berhad.