In March 2021, Yong Tai's wholly-owned subsidiary YTB Land Sdn Bhd (YTBL) was appointed as the exclusive mining operator to undertake the exploration and exploitation works on the project after it signed an agreement with the registered holder of the mining lease of the land, Tengku Fahad Mua'adzam Shah ibni Almarhum Sultan Haji Ahmad Shah, and Amazing Logic Sdn Bhd.
KUALA LUMPUR (Sept 29): Singapore Exchange (SGX)’s Catalist-listed Hatten Land Ltd has signed an agreement with Frontier Digital Asset Management Pte Ltd to jointly operate at least 1,000 cryptocurrency mining (cryptomining) rigs within Hatten Group's properties in Malaysia.
KUALA LUMPUR (March 25): Property developer Yong Tai Bhd's subsidiary has been appointed the exclusive mining operator to undertake exploration works on a 100ha site in Bukit Kenderak in Pahang's Lipis district.
KUALA LUMPUR (Oct 26): Luster Industries Bhd is buying a 51% stake in a local private company that is jointly developing a plot of land in Sepang, Selangor, into a mixed development with an estimated gross development value or GDV of RM900 million.
KUALA LUMPUR (June 26): More than 100 graves in a Muslim cemetery in Seruai, Spaoh district, Sarawak have collapsed into the Sungai Saribas owing to soil erosion According Batang Lupar PKR branch chief Abang Zulkifli Engkeh, the soil erosion is believed to be caused by sand mining and dredging activities in and around the Sungai Saribas carried out by a private company, Bernama reported yesterday.
KUALA LUMPUR (Jan 27): Borneo Oil Bhd is acquiring seven plots of quarry land in Lahad Datu, Sabah as part of its expansion plan into limestone mining.
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