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Oriental Interest Proposes RM280 Million Acquisition to Enter Financing Business

By Abigail Cheong on July 27, 2026 5:45 pm |

Malaysia Stock Market, Public Announcement and Stock Watch

Kedah, 27 July 2026 – Oriental Interest Berhad has proposed acquiring two motorcycle retail and financing businesses for RM280 million, establishing a new growth platform beyond its core property-development operations while broadening its recurring-income base.

The Main Market-listed company plans to acquire the entire equity interests in Chin Hin (Jitra) Sendirian Berhad and CHJ Motor Holdings Sdn Bhd. The companies operate an integrated motorcycle business covering retail sales, hire-purchase financing, moneylending, after-sales servicing, spare-parts distribution and insurance agency services.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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