Yong Tai’s unbilled sales will underpin strong earnings visibility
Yong Tai Bhd (April 25, RM1.
Yong Tai Bhd (April 25, RM1.
KUALA LUMPUR (April 19): Property developer Yong Tai Bhd said yesterday it is considering disposing of its ailing textile and garment business in the near future.
KUALA LUMPUR (April 17): Yong Tai Bhd is set to exit its loss-making textile and garment business by selling its remaining wholly-owned subsidiary Syarikat Koon Fuat Industries Sdn Bhd by June.
KUALA LUMPUR (March 30): Yong Tai Bhd’s largest shareholder, Hong Kong-listed Impression Culture Asia Ltd, has pared down its controlling stake in the company to 28.
PETALING JAYA (March 21): Property developer Yong Tai Bhd is planning two new developments with an estimated gross development value (GDV) of RM2.
KUALA LUMPUR (Feb 16): Yong Tai Bhd is taking up a 70% stake in land holding company Iconic Paragon Sdn Bhd for a proposed development on two leasehold plots with a cumulative size of 1.
KUALA LUMPUR (Dec 5): Property developer Yong Tai Bhd is confident of achieving its target of drawing one million tourists annually to its Impression Melaka theatre.
KUALA LUMPUR (Nov 30): Yong Tai Bhd's private placement of 70 million new shares has been successfully completed with an oversubscription rate of 1.
MELAKA (Oct 26): Tourism and cultural property developer Yong Tai Bhd has recorded en-bloc sales of RM461 million from Phase 1A of mixed-use development Impression City here.