News about Yong Tai

KUALA LUMPUR (Feb 23): Garment-maker-turned-property developer Yong Tai Bhd will kick off its Impression City development in Melaka in the third quarter of this year, with the first phase carrying an estimated gross development value (GDV) of RM1.

KUALA LUMPUR (Feb 5): Hong Kong-listed Sino Haijing Holdings Ltd is investing RM280 million in Yong Tai Bhd under a corporate exercise and emerged as its new substantial shareholder with more than 33% of the voting rights.

KUALA LUMPUR (Jan 20): Yong Tai Bhd has aborted plans to develop a luxury serviced apartment project in Jalan U-Thant here, which carries a gross development value of RM168 million, via a joint venture (JV).

YONG Tai Bhd’s unassuming executive director Boo Kuang Loon is a man with a mission.

KUALA LUMPUR (Jan 9): With one completed project and one under construction, garment maker Yong Tai Bhd is ready to launch its biggest project yet -- the RM5.

KUALA LUMPUR (Oct 26): Yong Tai Bhd aims to develop projects with a provisional gross development value (GDV) of RM5.

KUALA LUMPUR (Sept 1): Faced with shrinking margins and market share in an increasingly competitive environment, more and more listed manufacturers are shifting their focus to the property development business to reverse their fortunes.

KUALA LUMPUR (Aug 27): Yong Tai Bhd returned to the black thanks to its property venture with a net profit of RM6.

KUALA LUMPUR (Aug 10): Garment maker turned property developer Yong Tai Bhd is banking on the volume of tourists that will come in from China and Singapore to drive its planned tourism-related property projects in Melaka.

KUALA LUMPUR (Aug 5): Garment manufacturer and property developer Yong Tai Bhd’s shares extended losses to as much as 11 sen or 14.