Yong Tai reports first annual loss in five years

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.

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Harnessing the power of dreams

  Editor’s Choice Award 2019 Exemplary Real Estate Contribution to the Nation : Encore Melaka Many called him crazy when he was building the first corporate towers in Melaka more than a decade ago, doubting the need for such a development in the state.

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Encore Melaka recognised for its contribution to the nation

PETALING JAYA (April 21): Encore Melaka, a state-of-the-art theatre built by Yong Tai Bhd’s ambitious Impression City development in Melaka received the EdgeProp Editor’s Choice Award: Exemplary Real Estate Contribution to the Nation at this year’s EdgeProp Malaysia’s Best Managed Property Awards.

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Happy ending to Genting-Wynn dispute

KUALA LUMPUR (Jan 30): Resorts World Las Vegas (RWLV) (pictured) and Wynn Resorts Holdings LLC jointly announced on Monday that they have reached a settlement agreement on a dispute involving trade dress and copyright infringement claims surrounding the design of the US$4 billion (RM16.

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Australia's housing values continue to decline

MELBOURNE: With rising stock, tight credit and signs of rising mortgage rates, Australia’s housing market looks challenging as national housing values continue to dip for the eleventh consecutive month in August.

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