Chin Hin Founder Datuk Seri Chiau Beng Teik Trims Stake in LTKM, Ceases to Be Substantial Shareholder

KUALA LUMPUR (Nov 7, 2025) — Datuk Seri Chiau Beng Teik, the founder of Chin Hin Group Bhd (KL:CHINHIN), is no longer a substantial shareholder of LTKM Bhd (KL:LTKM) after reducing his shareholding to below the 5% threshold, according to a filing with Bursa Malaysia on Friday.

Chiau disposed of 2.65 million shares in the poultry producer through off-market transactions between Nov 5 and Nov 6, lowering his stake to 4.98% from 5.33% previously. Under Bursa Malaysia’s listing rules, a shareholder ceases to be “substantial” when their holdings fall below 5%.

Prior to the disposal, Chiau had been actively accumulating LTKM shares between early and late August 2025. Bursa filings indicate he acquired up to 2.14 million shares through a mix of open-market and negotiated trades, raising his ownership to 6.83% at the time — up from 5.33% recorded in LTKM’s 2025 annual report.

During that accumulation period, LTKM shares traded between RM1.30 and RM1.70, reflecting increased investor interest in the counter.

From Building Materials to Diversified Investments

Chiau, best known for transforming Chin Hin Group Bhd into a diversified conglomerate spanning building materials, construction, and property development, continues to hold 22.31% direct and 37.45% indirect stakes in Chin Hin.

Chin Hin has been expanding aggressively into industrial real estate, with a growing footprint in industrial land in Selangor, factories in Puchong, and industrial property developments in the Subang area — aligning with Malaysia’s broader push for sustainable industrial growth.

Analysts note that Chiau’s strategic diversification across both the manufacturing and property sectors underpins his broader investment approach, balancing cyclical industries with long-term, asset-backed growth.

LTKM’s Shareholding Landscape and Market Movement

Following Chiau’s exit as a substantial shareholder, LTKM’s controlling interests remain firmly held by Datuk Tan Kok and Datin Lim Hooi Tin, who collectively own 73.32% (direct) and 71.32% (indirect) stakes. Their indirect holdings are primarily via Ladang Ternakan Kelang Sdn Bhd, which controls 67.52% of LTKM’s issued shares.

LTKM — a long-established name in Malaysia’s poultry industry — has been gradually diversifying into property-related ventures and strategic asset investments, aligning with trends seen across commercial property in KL and emerging office and mixed-use projects in Bukit Jalil.

On Friday, LTKM’s share price slipped two sen (1.37%) to RM1.44, giving the company a market capitalisation of RM206.08 million. Despite the minor dip, the stock has gained over 10% year-to-date, reflecting investor confidence in its ongoing diversification efforts.

Broader Market Insight

The move comes amid heightened activity across Malaysia’s equity and property markets, where industrial and construction-linked counters — including Chin Hin Group — have continued to attract institutional interest.

Property analysts point out that Malaysia’s industrial growth corridors — particularly in Selangor and the Klang Valley — are benefiting from both private and public investments in infrastructure, manufacturing, and logistics, providing strong tailwinds for developers and asset owners alike.

Chiau’s repositioning in LTKM, coupled with Chin Hin’s ongoing ventures in industrial and commercial property development, signals a strategic shift toward long-term, value-driven investments across Malaysia’s real economy.