• Malacca project set to boost Yong Tai earnings
    Malacca project set to boost Yong Tai earnings

    Firm opts for Impression Melaka as centrepiece for its development

    LITTLE-KNOWN property developer Yong Tai Bhd is poised to embark on a significant project in Malacca that would transform the earnings profile of the former garment manufacturer.

    In a nutshell, it is to raise some RM280mil from the entry of a Hong Kong-listed company which is taking up a significant placement of shares and irredemable convertible preference shares (ICPS) in the company.

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  • 與《印象劉三姐》團隊結盟 印象馬六甲2017年公演
    與《印象劉三姐》團隊結盟 印象馬六甲2017年公演

    (馬六甲16日訊)《印象》系列中首部走出海外的《印象馬六甲》,預訂于2017年底,在馬六甲盛大公演!

    《印象馬六甲》與《印象劉三姐》今日在記者會上正式宣佈策略結盟,擁有13年經驗的《印象劉三姐》桂林廣維文華公司,將為《印象馬六甲》提供表演者以及幕后操作人員的招募兼訓練,並同意在市場與營銷推廣上緊力合作,實現這第10部《印象》系列作品。

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  • 皇京港《印象.馬六甲》‧甲將向李克強匯報2項目
    皇京港《印象.馬六甲》‧甲將向李克強匯報2項目

    (雪蘭莪‧八打靈再也20日訊)馬六甲州政府中國商務特使拿督顏天祿指出,甲州首長拿督斯里依德利斯哈倫將向中國國務院總理李克強匯報馬六甲皇京港和《印象.馬六甲》項目詳情。

    這兩項計劃分別可吸引100億令吉和3億令吉的投資額。

    他對星洲日報說,匯報會是讓中國中央領袖瞭解馬六甲經濟發展的情況,期許在“一帶一路”倡議下扮演重要的角色。

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  • Yong Tai buys land, inks JV for RM5.57b Melaka, KL developments
    Yong Tai buys land, inks JV for RM5.57b Melaka, KL developments

    KUALA LUMPUR (Oct 26): Garments manufacturer and retailer Yong Tai Bhd, which is planning a mixed development next to a seafront tract where it will stage the ‘Impression Melaka’ stage performance for 30 years, today inked the agreement to acquire the land for the project.

    It entered into a RM37 million conditional sale and purchase agreement (SPA) with Admiral City Sdn Bhd (ACSB) for the proposed acquisition of a 17-acre seafacing tract, dubbed ‘Impression Land’, in Melaka, according to its filing with Bursa Malaysia.

    Yong Tai is also buying from other vendors, the entire stake in PTS Impression Sdn Bhd, which has a licence from China-based Impression Wonders Art Development Co Ltd to produce and stage the ‘Impression Melaka’, for RM3 million.

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  • 首长:让州经济再创高峰-盼中银助甲招资
    首长:让州经济再创高峰-盼中银助甲招资

    馬六甲10日訊)甲首長拿督斯里依德利斯哈倫希望,中國國家開發銀行能協助甲州招商引資,招徠有意投資甲州數項大型基建項目如提升機場、興建深水碼頭、廣東工業園的中資開發商,讓甲州經濟再創高峰。

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  • Yong Tai Eyes ‘Impression’ tourists for more revenue
    Yong Tai Eyes ‘Impression’ tourists for more revenue

    KUALA LUMPUR: 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.

    Yong Tai had on Aug 3 penned five separate memoranda of understanding (MoUs) for a host of proposed business and land buys that can provide it with five potential property development projects in Melaka, Klang Valley and Johor, with a combined gross development value (GDV) of RM7 billion, spread over eight years.

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  • RM6b to boost Malacca’s tourism appeal
    RM6b to boost Malacca’s tourism appeal

    Malacca — After the success of Yong Tai Bhd’s maiden property development via a joint venture with Malacca-based PTS Properties Sdn, the company is on the move to grow its property development business.

    It recently entered into five separate memorandums of understanding (MoU) to acquire land and businesses, providing the company with five potential projects in the Klang Valley, Malacca and Johor.

    With the signing, the company is looking to launch projects with an accumulated gross development value of up to RM7 billion over the next eight years.

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  • Melaka Impression bakal direalisasikan
    Melaka Impression bakal direalisasikan

    MELAKA 4 Ogos – Hasrat kerajaan negeri membangunkan projek pelancongan dan kebudayaan, Teater Melaka Impression bakal menjadi kenyataan dua tahun lagi setelah termeterai Memorandum Persefahaman (MoU) antara syarikat terlibat, semalam.

    Ketua Menteri, Datuk Seri Idris Haron berkata, melalui MoU tersebut, Yong Tai Berhad akan bekerjasama dengan Admiral City Sdn. Bhd. bagi pembangunan Melaka Impression serta membangunkan tanah bagi projek utama Impression City seluas 40.46 hektar di kawasan Kota Laksamana dengan nilai pembangunan RM6 bilion.

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  • Condominium hotel makes its debut in Malacca
    Condominium hotel makes its debut in Malacca

    MALACCA: PTS Properties Sdn Bhd (“PTS Properties” or the “Company”) recently unveiled its modern and stylish 4-star luxury condominium hotel called The Pines Melaka. The 28-storey condominium hotel is located at JalanTunSri Lanang, adjacent to the Air Kerohtoll, the gateway to Malacca’s town centre. It is accessible via public transport and the popular Malacca River Cruise. Strategically located within the vicinity of numerous corporate offices, luxury hotels, turistattractions and heritage spots, The Pines Melaka will appeal to both leisure and business travellers.

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  • Yong Tai signs 5 MoUs
    Yong Tai signs 5 MoUs

    PETALING JAYA: Garment-maker-turned-property developer Yong Tai Bhd has entered into five separate memorandums of understanding (MoUs) to acquire land and businesses that can provide the company with five potential property development projects in the Klang Valley, Malacca and Johor.

    Yong Tai told Bursa the five projects were expected to carry a combined gross development value (GDV) of RM7bil over the next eight years.

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