KUALA LUMPUR (Aug 28): Melaka-centric township property developer Yong Tai Bhd announced its first annual net loss in five years, due to losses incurred at its Encore Melaka theatre and after booking a one-off impairment loss in relation to the Terra Square retail mall.
KUALA LUMPUR (September 12): Yong Tai Bhd’s focus for the financial year ending June 30, 2019 (FY19) will be on Encore Melaka, as well as clearing the remaining inventories for its property segment, which stood at about RM400 million.
MELAKA (May 28): About 2,000 people turned up for the preview of Encore Melaka at Impression City in Melaka today.
KUALA LUMPUR (Jan 24): Yong Tai Bhd is optimistic that its first-of-its-kind theatre, Encore Melaka, will deliver consistent revenue and earnings for the group.
KUALA LUMPUR (Jan 8): Yong Tai Bhd today signed offtake agreements with six travel agencies for a total of one million tickets annually for their Impression Series – Encore Melaka, their first show which is scheduled to premiere by the second quarter of this year.
Yong Tai Bhd (Oct 16, RM1.
KUALA LUMPUR (Aug 28): Property developer Yong Tai Bhd expects its tourism business segment to contribute up to 40% of its revenue starting financial year ending June 30, 2019 (FY19), with the property development business segment taking up the rest.