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.
Yong Tai CEO: I was a bit over-optimistic
KUALA LUMPUR (Aug 10): A lack of understanding of the tourism industry has “devastated” Yong Tai, CEO and executive director Datuk Wira Boo Kuang Loon told The Edge Malaysia.
Yong Tai: Property segment to remain lacklustre in two to three years
KUALA LUMPUR (September 12): Yong Tai Bhd’s focus for the financial year ending June 30, 2019 (FY19) will be on Encore Melaka, as well as clearing the remaining inventories for its property segment, which stood at about RM400 million.
Show time for Yong Tai
KUALA LUMPUR (July 7): The curtain has gone up for Yong Tai’s live performance, Encore Melaka (pictured), and the Melaka-based tourism-themed developer has high hopes for it.
Earnings from Encore Melaka shows can help group withstand any property downcycle — Yong Tai
KUALA LUMPUR (Jan 24): Yong Tai Bhd is optimistic that its first-of-its-kind theatre, Encore Melaka, will deliver consistent revenue and earnings for the group.
Yong Tai signs offtake agreements for one million tickets of Encore Melaka show
KUALA LUMPUR (Jan 8): Yong Tai Bhd today signed offtake agreements with six travel agencies for a total of one million tickets annually for their Impression Series – Encore Melaka, their first show which is scheduled to premiere by the second quarter of this year.
Yong Tai’s new mall expected to ride on success of Impression Melaka shows
Yong Tai Bhd (Oct 16, RM1.
Yong Tai’s CEO and ED increase stakes in company
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.
Yong Tai plans two new Melaka developments
PETALING JAYA (March 21): Property developer Yong Tai Bhd is planning two new developments with an estimated gross development value (GDV) of RM2.