News about Country Heights

PETALING JAYA (July 28): Country Heights Holdings Bhd founder Tan Sri Lee Kim Tiong @ Lee Kim Yew has increased his deemed interest in the property developer after his investment vehicle acquired six million shares in an off-market transaction.

KUALA LUMPUR (June 16): Country Heights Holdings Bhd (KL:CHHB) is searching for a new CEO after Mohd Rizal Zubair (pictured) resigned from the position barely two months after taking the helm.

PETALING JAYA (May 28): Lim Seong Hai Capital Bhd (LSH Capital) has accepted a letter of offer from Perbadanan Aset Keretapi (RAC) for the proposed development of two land parcels in Selangor measuring a combined 17.

PETALING JAYA (May 16): Lim Seong Hai Capital Bhd (LSH Capital) has received a letter of offer from Perbadanan Aset Keretapi (RAC) for the proposed purchase and development of two parcels of land measuring approximately 17.

PETALING JAYA (May 15): Country Heights Holdings Bhd (CHHB) has resolved a winding-up petition filed by the Malaysian government against one of its wholly-owned subsidiaries, Country Heights Commercial Development Sdn Bhd (CHCD).

KUALA LUMPUR (April 14): Property developer Country Heights Holdings Bhd (K:CHHB) has appointed Mohd Rizal Zubair as its CEO effective Wednesday (April 15).

KUALA LUMPUR (Feb 12): Country Heights Holdings Bhd (KL:CHHB) said it has postponed its extraordinary general meeting (EGM), which sought shareholders’ approval to commence legal action against the liquidator of Mines Waterfront Business Park Sdn Bhd (MWBP), in order to allow further review of its circular by shareholders.

Besides the material uncertainty related to Country Heights’ ability to continue as a going concern, UHY Malaysia also highlighted the impairment of RM10.

Country Heights said the full payment of RM142,698 to Fujifilm was settled on Sept 4.

The petition was filed under Section 465(1)(e) and Section 466(1)(a) of the Companies Act 2016.