KUALA LUMPUR (Jan 30): Chin Hin Group Bhd is teaming up with a Singaporean company to provide consultancy and solutions for construction players in Malaysia.
Chin Hin's unit, Chin Hin Academy Sdn Bhd (CHA), today signed a one-year agreement with Bimage Consulting Pte Ltd, which is primarily involved in providing consulting and services in digitizing construction and infrastructure processes.
Under the agreement, CHA will gather market intelligence, provide insights, assist in the preparation of proposals, and introduce prospective customers to Bimage.
Bimage, meanwhile, will prepare proposals and attend meetings related to business development, sales, technical and pricing matters, Chin Hin said.
“Bimage shall not engage with the identified customer directly or indirectly during the term of the agreement other than via CHA,” it added.
Chin Hin expects the agreement to contribute positively to its earnings, net assets and gearing.
Chin Hin shares closed 0.5 sen or 0.71% higher at 70.5 sen today, giving the group a market capitalisation of RM392.25 million.