Chin Hin Group Berhad announced Memorandum of Understanding with Menteri Besar Incorporated (Perak) and Younchang Engineering and Construction (M) Sdn. Bhd. Menteri Besar Incorporated (Perak) had on 12 August 2015 obtained approval in principle from the Government of Perak for the alienation of a piece of land measuring approximately 450 acres held under Wilayah Baroh, Mukim Hutan Melintang, Daerah Hilir Perak, Perak Darul Ridzuan (?Land?).

MB Inc., YECSB and the Company (collectively as the ?Parties?) entered into the MOU to explore possible collaboration to jointly develop an international fishery industrial park on the Land (?Project?) subject to terms and conditions to be mutually agreed by all Parties. Pursuant to the MOU, YECSB and the Company shall engage with identified international companies for the purpose of securing investment and participation in the Project. The MOU does not state the role of MB Inc. The Company intends to undertake and implement construction of the Project subject to terms and conditions to be mutually agreed by the Parties in a definitive agreement.