Posted by Good123 > 2 months ago | Report Abuse

major shareholders are with us, jangan kecut hehe

SUBSTANTIAL SHAREHOLDERS AS AT 18 October 2023
According to the Register of Substantial Shareholders required to be kept under Section 144 of the Companies Act 2016,
the following are the substantial shareholders of the Company:
Direct Indirect Total
Name of Interest Interest Interest
Substantial Shareholders (A) % (B) % (A+B) %

Dato’ Dr. Yu Kuan Chon,
DIMP, PPT, MBBS 128,982,770 24.41 43,180,507 8.17 172,163,277 32.58

Dato’ Yu Kuan Huat,
DPMP, PMP, AMP, PPT 23,656,810 4.48 131,402,938 24.86 155,059,748 29.34

Posted by Good123 > 2 months ago | Report Abuse

institutional investors pun ada, terbaik!!!!!!!!!!!!!!!!!

LIST OF TOP THIRTY HOLDERS AS AT 18 October 2023
Name of Holder Holdings %
1. CITIGROUP NOMINEES (TEMPATAN) SDN BHD 43,440,784 8.22
EXEMPT AN FOR KENANGA INVESTORS BHD
2. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD 25,190,915 4.76
EXEMPT AN FOR CGS-CIMB SECURITIES (SINGAPORE) PTE. LTD.
(RETAIL CLIENTS)
3. CIMSEC NOMINEES (TEMPATAN) SDN BHD 23,565,257 4.46
CIMB FOR YU KUAN CHON (PB)
4. MAYBANK NOMINEES (TEMPATAN) SDN BHD 18,442,854 3.49
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON
5. RHB NOMINEES (TEMPATAN) SDN BHD 18,000,000 3.40
OSK CAPITAL SDN BHD FOR YU KUAN CHON
6. CITIGROUP NOMINEES (TEMPATAN) SDN BHD 14,749,790 2.79
EXEMPT AN FOR OCBC SECURITIES PRIVATE LIMITED (CLIENT A/C-R ES)
7. AMSEC NOMINEES (TEMPATAN) SDN BHD 13,724,061 2.59
AMBANK (M) BERHAD
8. KENANGA NOMINEES (TEMPATAN) SDN BHD 13,648,000 2.58
EXEMPT AN FOR PHILIP SECURITIES PTE LTD (CLIENT ACCOUNT)
9. MALAYSIA NOMINEES (TEMPATAN) SENDIRIAN BERHAD 13,078,000 2.47
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON (01-00868-000)
10. MAYBANK NOMINEES (TEMPATAN) SDN BHD 11,743,430 2.22
PLEDGED SECURITIES ACCOUNT FOR IRAMA GIGIH SDN BHD
11. UOBM NOMINEES (TEMPATAN) SDN BHD 9,559,786 1.81
PLEDGED SECURITIES ACCOUNT FOR CHAN WENG FUI
12. MAYBANK NOMINEES (TEMPATAN) SDN BHD 7,682,939 1.45
PLEDGED SECURITIES ACCOUNT FOR YU KUAN HUAT
13. AMSEC NOMINEES (TEMPATAN) SDN BHD 7,000,000 1.32
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON
14. KENANGA NOMINEES (TEMPATAN) SDN BHD 6,337,163 1.20
PLEDGED SECURITIES ACCOUNT KENANGA INVESTORS BERHAD
FOR CHAN WENG FUI
15. RHB NOMINEES (TEMPATAN) SDN BHD 5,874,094 1.11
PLEDGED SECURITIES ACCOUNT FOR YU KUAN HUAT
16. AMSEC NOMINEES (TEMPATAN) SDN BHD 5,632,500 1.07
EXEMPT AN FOR KGI SECURITIES (SINGAPORE) PTE LTD (66581 T CL)
17. RHB NOMINEES (TEMPATAN) SDN BHD 5,530,438 1.05
PLEDGED SECURITIES ACCOUNT FOR LIM LEONG WOUH
18. CIMSEC NOMINEES (TEMPATAN) SDN BHD 4,936,064 0.93
CIMB FOR NG PAIK PHENG (PB)
19. KENANGA NOMINEES (TEMPATAN) SDN BHD 4,886,939 0.92
PLEDGED SECURITIES ACCOUNT FOR CHAN WENG FUI
20. RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD 4,710,638 0.89
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON (CEB)
21. KENANGA NOMINEES (TEMPATAN) SDN BHD 4,443,085 0.84
PLEDGED SECURITIES ACCOUNT FOR HO SWEE MING
22. HLIB NOMINEES (TEMPATAN) SDN BHD 4,421,355 0.84
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON
23. CITIGROUP NOMINEES (ASING) SDN BHD 4,411,093 0.83
CBNY FOR EMERGING MARKET CORE EQUITY PORTFOLIO
DFA INVESTMENT DIMENSIONS GROUP INC
24. APEX NOMINEES (TEMPATAN) SDN BHD 4,388,000 0.83
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON (MARGIN)
25. KENANGA NOMINEES (TEMPATAN) SDN BHD 4,346,371 0.82
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON
26. MAYBANK NOMINEES (TEMPATAN) SDN BHD 4,252,523 0.80
PLEDGED SECURITIES ACCOUNT FOR CHAN WENG FUI
27. RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD 3,939,061 0.75
PLEDGED SECURITIES ACCOUNT FOR LIEW KOK TZE
28. MAYBANK NOMINEES (TEMPATAN) SDN BHD 3,925,586 0.74
PLEDGED SECURITIES ACCOUNT FOR CHING NYE MI
@ CHIENG NGIE CHAY
29. CGS-CIMB NOMINEES (ASING) SDN BHD 3,857,700 0.73
CGS-CIMB SECURITIES (SINGAPORE) PTE. LTD. (PROP A/C)
30. PM NOMINEES (TEMPATAN) SDN BHD 3,783,258 0.72
PLEDGED SECURITIES ACCOUNT FOR CHAN SOW KENG (A)

Posted by Good123 > 2 months ago | Report Abuse

sudden surge in ynh price is possible... takeover, etc.. hehe

Posted by ocbc > 2 months ago | Report Abuse

Both YNH and CHHB are do-able at the current lelong price.
________________________________________________________________
Posted by Good123 > 42 minutes ago | Report Abuse

Ynh is a better bet than chhb hehehe

Posted by Good123 > 2 months ago | Report Abuse

52sen - RM5.20..........back to Rm1-rm3, MANY ARE VERY HAPPY ALREADY :)

@ocbc

Both YNH and CHHB are do-able at the current lelong price.
________________________________________________________________
Posted by Good123 > 42 minutes ago | Report Abuse

Ynh is a better bet than chhb hehehe

2 hours ago

@ocbc

Both YNH and CHHB are do-able at the current lelong price.
________________________________________________________________
Posted by Good123 > 42 minutes ago | Report Abuse

Ynh is a better bet than chhb hehehe

2 hours ago

0 seconds ago

Posted by Good123 > 2 months ago | Report Abuse

bagus

Condensed Consolidated Statement of Financial Position
As at 31 December 2023
As at As at
Note 31.12.2023 30.06.2023
RM RM
NON-CURRENT ASSETS
Property, plant and equipment 8 95,590,476 94,982,568
Right of use 35,723,662 38,548,067
Deferred tax assets 109,324,615 116,014,561
Investment properties 143,090,843 144,792,782
Goodwill on consolidation 17,626,036 17,626,036
Inventories 1,023,222,029 1,018,834,297
1,424,577,661 1,430,798,311
CURRENT ASSETS
Inventories 730,564,167 791,627,532
Trade and other receivables 9(a) 111,984,955 72,746,485
Other current assets 188,149 5,697,485
Assets held for sales 141,717,243 141,717,243
Current tax assets 1,933,889 2,091,080
Cash and short term deposits 18,715,709 37,284,256
1,005,104,112 1,051,164,081
TOTAL ASSETS 2,429,681,773 2,481,962,392

EQUITY AND LIABILITIES
Equity attributable to equity holders
of the Company
Share capital 528,999,579 528,999,579
Perpetual securities 345,915,827 345,915,827
Treasury shares (970,158) (970,157)
Other reserves 26,530,570 26,530,438
Retained earnings 258,227,439 292,713,385
Total equity 1,158,703,257 1,193,189,072
Non-Current Liabilities
Deferred tax liabilities 22,877,293 24,430,161
Long term liabilities 20 210,608,186 383,147,472
233,485,479 407,577,633
CURRENT LIABILITIES
Trade and other payables 242,858,245 228,753,530
Contract liabilities 28,060,561 45,511,180
Provisions 22 149,523 135,379
Borrowings 20 667,619,826 525,978,991
Lease liabilities 19,587,526 4,153,007
Current tax liabilities 79,217,356 76,663,600
1,037,493,037 881,195,687
TOTAL LIABILITIES 1,270,978,516 1,288,773,320
TOTAL EQUITY AND LIABILITIES 2,429,681,773 2,481,962,392
NTA per share (RM) 2.16 2.22
Net asset per share (RM) 2.19 2.26

Posted by Good123 > 2 months ago | Report Abuse

baik

COMMENTARY ON PROSPECTS
There was no off balance sheet financial instruments as at the date of this report.
The Group has, in the previous year, launched Solasta Dutamas, a high end residential development
project, located at Mont Kiara, Kuala Lumpur. The project consist of 1,159 units of tastefully built
condominium, with distinctive and opulent design and styling. Solasta Dutamas project has received
encouraging response from potential purchasers. Solasta Dutamas project has a gross development value
of RM750 million and is expected to contribute positively to the Group for the next three financial years.
On a quarter to quarter basis, the current quarter registerred a loss after taxation of RM18,400,733
compared to a loss after taxation of RM4,179,914 in the previous quarter. The loss after taxation widen
mainly due to slower site progress in the current quarter of the financial period.
Another prestigious project planned for the future by YNH group is the Menara YNH development, located
on one of the most exclusive addresses in Kuala Lumpur city center, in the Golden Triangle area where most
prestigious 5 star hotels and upmarket office spaces are found. The commercial development sits on a
130,826 sq ft (approximately 3 acres) of land with a wide frontage of 320 feet along Jalan Sultan Ismail. The
location of Menara YNH also offers easy accessibility and close proximity to efficient public transport
facilities such as the Putra Light Rail Transport and the K.L Monorail station. It is also located within walking
distance to all major hotels and shopping centers. This Menara YNH has a GDV of approximately RM2.1
billion. Approved development order had already been obtained for this development, comprising office
tower and shopping mall.

The Group has intention to keep 50% of the Menara YNH referred above as investment property and it
will be used as the Group's future corporate headquarter.
The Company had also in the 4th quarter of 2008 acquired 95 acres of strategic development land bank
in Genting Highlands. The Genting land bank is located strategically next to the Genting Highland Resort
and was acquired for RM16.05 million. The advantage of this land bank is that the purchase
consideration is very low and it comes with infrastructure. The land has already been converted to
building title. The proximity to the existing Genting Highland Resort is an advantage as the proposed
development will complement the existing infrastructure. Other plus point for this development is that it
is located in a cool environment and yet is 45 minutes from the KL city center as the existing highway is
already completed from the KL city center to the existing resort.
The proposed development for this 95 acres land bank comprises commercial, bungalows, condominium,
retail and etc. for both local and foreign investors. The estimated gross development value for this future
development is RM1.96 billion and expected to contribute to the Group’s earnings in the next 20 years.
The Group has also entered into a series of joint venture projects for the development of a few pieces of
land strategically located near Mont' Kiara, Hartamas, Kuala Lumpur city center, Ipoh city and Seri
Manjung town. These developments are at planning stage and have an estimated gross development
value of RM1.8 billion and are expected to contribute to the Group's earnings for the next 15 to 20 years.
The Group had successfully completed the construction of AEON Mall Seri Manjung in year 2012 and
Pantai Specialist Centre at Seri Manjung in November 2013. The presence of AEON Mall Seri Manjung
Shopping Centre and Pantai Specialist Centre will further enhance the value of the balance 700 acres of
undeveloped landbanks in the Manjung Point Township.

Posted by Good123 > 2 months ago | Report Abuse

Hope4the best :)

YNH Property Bhd is disposing of a piece of freehold land measuring 5.098 acres (2.06 hectares) in Desa Seri Hartamas to the Sunway group for RM170 million cash.


YNH will receive an additional RM50 million cash from the Sunway group should it manage to obtain a new development order (DO) from the authorities for a project with a minimum plot ratio of seven on its net land area (NLA) within one year from the date of the signing of the sales and purchase agreement (SPA). The land has an existing DO for a minimum plot ratio of five on the NLA.

The sale will still stand if YNH fails to get the new DO, according to the group's filing with the stock exchange.

"The additional RM50 million acts as an incentive for our group to obtain a new DO for the purchasers. We agreed with this additional clause because we are confident we will be able to obtain the new DO leveraging on our track record and expertise in this area as well as the strategic location of the land bank. Naturally, with a new DO, the value of this land bank will increase,” said YNH general manager James Ngio in a separate statement.

The RM50 million will be placed with the lawyers of the purchasing parties as stakeholders, YNH said, and will be disbursed to YNH upon fulfilling the additional consideration clause.

YNH's wholly owned Kar Sin Bhd last Friday (May 12) entered into an SPA with Sunway Living Space Sdn Bhd, a unit of Sunway City Sdn Bhd, for the divestment. Sunway City is a wholly owned subsidiary of Sunway Bhd.

“We are excited to add this prime land to our portfolio, and to continue our commitment to creating vibrant integrated communities. This acquisition comes ready with an approved DO with a plot ratio of five, and we target to launch this development by early 2025,” said Sarena Cheah, the managing director of Sunway's property arm, Sunway Property, in a press statement.

“This underscores our confidence in the Malaysian property market, and we are confident that this development will be highly desirable among our multiple customer segments.”

Accessibility to the development includes the Sprint Penchala Link and Kerinchi Link as well as nearby amenities in Seri Hartamas and Mont Kiara, such as shopping malls, international schools and medical facilities.

Sunway Property currently has a total land bank of 3,063 acres, with a potential gross development value (GDV) of RM48.9 billion over a period of more than 15 years.

YNH's third asset disposal in 12 months

The latest land sale is YNH's third asset disposal over the last 12 months, after it sold two retail malls — the 163 Retail Park in Mont Kiara and AEON Mall Seri Majung in Perak — to ALX Asset Bhd in March this year for RM423 million cash.

At the time, YNH said the disposals were to provide it more leeway to secure future funding to finance other projects, as well as for the launch of its flagship Menara YNH project, which carries an estimated GDV of RM3 billion.

The Menara YNH project has been delayed several times since 2006, with the termination of deals with two prospective buyers in the past, namely Singapore's property giant CapitaLand Ltd and Kuwait Finance House.

Proceeds from the latest disposal, meanwhile, will be used for working capital and to pare down its bank borrowings to RM733 million from RM951.81 million at end-December 2022, which will reduce its gearing from 0.65 times to 0.59 times, and give rise to interest savings of RM3.77 million per annum. The group's cash and bank balances stood at RM48.67 million, as opposed to RM34.15 million at end-December 2021.

The disposal, which is estimated to be completed in three months, will also result in an estimated gain of RM2.6 million, after taking into consideration the disposal's estimated expenses of RM800,000.

YNH executive chairman Datuk Dr Yu Kuan Chon is the group’s single largest shareholder with a 32.6% stake, 24.4% directly owned and 8.2% indirectly owned. His brother Datuk Yu Kuan Huat, who is YNH's managing director, holds 29.4% — 4.5% directly held and 24.9% indirectly held.

Posted by Good123 > 2 months ago | Report Abuse

banyak valuable landbanks untuk dijual, dll... buy a bit ya!

Posted by Good123 > 2 months ago | Report Abuse

direct biz deals yg indah :)

17/01/2024 00:00:00 2.1900 0.4600 2.406m 2.406m 5.268m 5.268m 2.1900 0.4548 -
16/01/2024 00:00:00 2.9000 0.4300 2.720m 4.720m 7.888m 13.688m 2.9000 0.5142 -
16/01/2024 00:00:00 2.9000 0.4300 1.000m 4.720m 2.900m 13.688m 2.9000 0.1890 -
16/01/2024 00:00:00 2.9000 0.4300 1.000m 4.720m 2.900m 13.688m 2.9000 0.1890 -
08/01/2024 00:00:00 3.9000 -0.2000 540,000 540,000 2.106m 2.106m 3.9000 0.1021 -
22/12/2023 00:00:00 4.1000 -0.3700 218,000 500,000 893,800 2.050m 4.1000 0.0412 -
22/12/2023 00:00:00 4.1000 -0.3700 249,000 500,000 1.021m 2.050m 4.1000 0.0471 -

Posted by Good123 > 2 months ago | Report Abuse

it should rebound moderately :)

Posted by Good123 > 2 months ago | Report Abuse

maybe, the founders are talking to sunway, let go their stakes to sunway... waiting for happy ending or golden handshake ya

Posted by Good123 > 2 months ago | Report Abuse

share swap with ytl or sunway and become a subsi of them should be good

Posted by Good123 > 2 months ago | Report Abuse

**YNH Property Berhad** is a prominent property developer in Malaysia, known for its upscale residential and commercial projects. Founded in **1982**, YNH Property Berhad has a legacy of excellence and a commitment to transforming landscapes and creating vibrant communities. Here are some key points about YNH Property Berhad:

1. **Vision and Passion**:
- YNH Property Berhad is guided by the vision of its founder, **Dato’ Yu Neh Huat**, who is passionate about unifying people and rebuilding lives.
- Their passion for urban life drives them to create exceptional living experiences and investment opportunities.

2. **Prime Locations**:
- YNH focuses on prime locations, including:
- **Kuala Lumpur**: The heart of Malaysia.
- **Seri Manjung**: A serene coastal town in Perak.
- **Negeri Sembilan**: A state with diverse needs.

3. **Residential and Commercial Properties**:
- YNH develops both residential and commercial properties.
- Notable projects include:
- **Mont Kiara**: An upscale neighborhood in Kuala Lumpur.
- **KLCC**: The iconic Kuala Lumpur City Centre.

4. **Innovation and Sustainability**:
- YNH is committed to delivering innovative and sustainable properties.
- They cater to the diverse needs of modern Malaysian communities.

5. **Current Projects**:
- Some ongoing and upcoming projects:
- **The Mansion Bungalow Land** (Klang Valley)
- **Solasta Dutamas Mont Kiara**
- **OOAK Suites and Residence Mont Kiara**
- **UNION Shop Kampar, Ipoh**
- **Taman Aman Muhibbah Sitiawan**
- **Panchor Damai Pantai Remis**
- **PPMP Shop Seri Manjung**
- **Taman Desa Manjung Seri Manjung**
- **Pangsapuri Samudera 1 Seri Manjung**
- **Residensi Bangsar South (Upcoming)**
- **Mid Valley Kuala Pilah (Upcoming)**

6. **Legacy of Excellence**:
- YNH Property Berhad's award-winning team is dedicated to elevating Malaysia's urban landscape.
- They focus on competitive pricing, strategic land acquisitions, and strong management.

Discover your dream home with YNH Property Berhad and explore their contemporary living spaces and investment opportunities across Malaysia's most prestigious neighborhoods¹⁴.

Posted by Good123 > 2 months ago | Report Abuse

After few years, bAck to rm5+ again hehe

Posted by Good123 > 2 months ago | Report Abuse

Balik rm1-rm2 after 1 year pun syiok hehe

Posted by Medusa > 2 months ago | Report Abuse

Drop more buy more

Drop more buy more

Drop more buy more

Kenot tahan sell all

Kikiki…

Posted by th3m1s > 2 months ago | Report Abuse

New low

Posted by Good123 > 2 months ago | Report Abuse

Volatility dah balik. Big fight in the short run

Posted by Good123 > 2 months ago | Report Abuse

Dalam Julat harga 10sen+/- tempohmasa pendek. Ramai traders muncul

Posted by abcb > 2 months ago | Report Abuse

Accounting problem???

Posted by ks55 > 2 months ago | Report Abuse

Have you read latest QR?
YNH 1QR is really a joke! No substance inside.......

Posted by yongyong88 > 2 months ago | Report Abuse

AS PREDICTED BELOW 0.50 THIS WEEK. NEXT STOP BELOW 0.40. YOU BUY YOU DIE. Sorry for those still averaging down.... and trying to PROMOTE ... DON'T FALL INTO THE TRAP... SUDDEN INCREASE TO ATTRACT RETAILERS.. Majority shares controlled by insiders.. they determine price up or down... unloading at every price rise

Posted by Good123 > 2 months ago | Report Abuse

Usah takut, bertahan ya :)

Posted by Good123 > 2 months ago | Report Abuse

Value buy, white knight on the way

Posted by gristarec > 2 months ago | Report Abuse

How do you know?

Posted by ocbc > 2 months ago | Report Abuse

Any industry player may take over since selling at lelong price now.

Posted by titan3322 > 2 months ago | Report Abuse

Yu Neh Xhuat 🤣🤣

Posted by Good123 > 2 months ago | Report Abuse

YNH Property Berhad is recognized for its commitment to delivering high-quality residential and commercial developments in prime locations across Malaysia. Here are some key aspects that highlight the goodness of YNH Property Berhad:

- **Innovative and Sustainable Properties**: They focus on creating properties that are both innovative and sustainable, catering to the diverse needs of modern communities¹.
- **Prime Locations**: Their developments are situated in sought-after areas such as Kuala Lumpur, Seri Manjung, and Negeri Sembilan, which are known for their urban sophistication and serene living environments¹.
- **Established Legacy**: Since its establishment in 1982, YNH Property Berhad has been dedicated to transforming landscapes and crafting vibrant communities².
- **Competitive Pricing**: Strategic land acquisitions have allowed them to offer competitive pricing while maintaining high standards in their projects².
- **Experienced Management**: The company's growth is propelled by a hands-on, entrepreneurial management team with a track record of efficiency and excellence².

These factors contribute to YNH Property Berhad's reputation as a top property developer in Malaysia, known for its exceptional developments and investment opportunities[^2

Posted by Good123 > 2 months ago | Report Abuse

YNH Property Bhd has shown signs of recovery after a significant drop in share price earlier this year. Here are a few reasons that might contribute to its rebound:

- **Market Recovery**: After an 87% crash, YNH Property's share price increased by 44% in the past week, indicating a nascent market recovery¹.
- **Leadership Changes**: The appointment of Ms. Lee Zhi Yan as a new independent non-executive director could bring fresh perspectives and strategies to the company².
- **Financial Management**: Despite the challenges, the company has not appointed a professional firm for an independent review of its joint venture and turnkey contracts, which could be seen as a cost-saving measure¹.
- **Investor Confidence**: The involvement of tycoon Yu Kuan Chon, who is the company’s single largest shareholder and executive chairman, might instill investor confidence in the company's resilience and potential for growth¹.

Posted by yongyong88 > 2 months ago | Report Abuse

WHEN WILL IT GO BELOW 0.40? THIS WEEK OR NEXT WEEK ???

Posted by yongyong88 > 2 months ago | Report Abuse

EXPECT ANOTHER PUSH UP BEFORE RETRACING TO 0.40 LEVEL ....

Posted by Good123 > 2 months ago | Report Abuse

ok ok beli sedikit... nanti balik RM4 -RM5, huatlah hehe

YNHB Historical Data
Time Frame
Monthly
Download Data
03/06/2022 - 03/06/2024
Date Price Open High Low Vol. Change %
03/01/2024 0.500 0.525 0.575 0.485 7.55M -5.66%
02/01/2024 0.530 0.655 0.700 0.510 370.38M -19.70%
01/01/2024 0.660 4.240 4.480 0.555 1.12B -84.47%
12/01/2023 4.250 5.040 5.080 4.110 31.93M -13.97%
11/01/2023 4.940 5.040 5.100 4.800 6.42M -3.14%
10/01/2023 5.100 5.020 5.100 4.990 791.40K +0.20%
09/01/2023 5.090 4.980 5.100 4.950 903.10K +1.19%
08/01/2023 5.030 5.000 5.100 4.860 1.45M -0.98%
07/01/2023 5.080 4.980 5.100 4.770 1.28M +1.60%
06/01/2023 5.000 4.800 5.040 4.690 453.70K +3.09%
05/01/2023 4.850 4.940 5.200 4.200 1.62M -4.15%
04/01/2023 5.060 4.900 5.120 4.750 320.40K +2.02%
03/01/2023 4.960 4.640 4.980 4.500 2.11M +5.53%
02/01/2023 4.700 4.330 4.780 4.310 748.10K +6.82%
01/01/2023 4.400 4.150 4.500 4.120 390.50K +4.02%
12/01/2022 4.230 4.130 4.250 4.060 573.90K +1.20%
11/01/2022 4.180 4.030 4.220 3.990 635.40K +1.95%
10/01/2022 4.100 4.020 4.150 3.890 968.70K +1.49%
09/01/2022 4.040 3.800 4.050 3.790 400.90K +6.60%
08/01/2022 3.790 3.380 3.810 3.340 801.90K +12.13%
07/01/2022 3.380 3.310 3.600 3.240 741.80K +1.81%
06/01/2022 3.320 3.380 3.480 3.020 779.50K -2.06%
05/01/2022 3.390 2.880 3.450 2.800 718.60K +17.71%
04/01/2022 2.880 2.780 2.880 2.640 1.32M +4.35%

Posted by Good123 > 2 months ago | Report Abuse

NTA 2.1900
P/B 0.23
RPS 33.53
PSR 1.48
Market Cap 261.9M
Shares (mil) 529.00

Posted by Good123 > 2 months ago | Report Abuse

www.ynhb.com.my/residential

Posted by Good123 > 2 months ago | Report Abuse

https://www.ynhb.com.my/residential

Posted by Good123 > 2 months ago | Report Abuse

rental rates are getting more n more attractive in KL...

www.rentinkl.com/

Posted by Good123 > 2 months ago | Report Abuse

RSI(14) Oversold 21.0
Stochastic(14) Oversold 5.3
Average Volume (3M) 26,432,100

Posted by Good123 > 2 months ago | Report Abuse

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.50

Avg Target Price

1.85

Upside/Downside

+1.35 (270.00%)

https://klse.i3investor.com/web/stock/analysis-price-target/3158

Posted by Good123 > 2 months ago | Report Abuse

Stay calm & cool...

On the Desa Sri Hartamas land, which YNH had planned to sell to the Sunway group but remains as an open-air car park in a prime location today.

Posted by Good123 > 2 months ago | Report Abuse

Buy some when others are fearful.... hehe

YNH — in which prominent investor Datuk Dr Yu Kuan Chon holds a 32.6% stake — , its share price was lowest in 14 years

Posted by Good123 > 2 months ago | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS YNH PROPERTY BHD ("YNH" or "the Company") PROPOSED DISPOSAL BY KAR SIN BERHAD, A WHOLLY-OWNED SUBSIDIARY OF YNH OF PROPERTY ON ALL THAT FREEHOLD VACANT LAND IN THE MUKIM OF KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR FOR A TOTAL CASH CONSIDERATION OF RM170.00 MILLION ONLY TO SUNWAY LIVING SPACE SDN BHD ("PROPOSED DISPOSAL")
YNH PROPERTY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
YNH PROPERTY BHD ("YNH" or "the Company") PROPOSED DISPOSAL BY KAR SIN BERHAD, A WHOLLY-OWNED SUBSIDIARY OF YNH OF PROPERTY ON ALL THAT FREEHOLD VACANT LAND IN THE MUKIM OF KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR FOR A TOTAL CASH CONSIDERATION OF RM170.00 MILLION ONLY TO SUNWAY LIVING SPACE SDN BHD ("PROPOSED DISPOSAL")
Reference is made to the Company’s announcement on 16 May 2023, 14 August 2023, 13 October 2023 and 14 November 2023 in relation to the Proposed Disposal. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the previous announcement.



The Board of Directors of YNH wishes to announce that Kar Sin Berhad, the Vendor and Sunway Living Space Sdn Bhd, the Purchaser had via the letter dated 9 February 2024 mutually agreed to extend the Conditional Period (as defined in the Sale and Purchase Agreement dated 12 May 2023) for a further three (3) months after expiry of the 3rd Extension of Time of three (3) months period, thereby extending the last day of the Conditional Period to 12 May 2024 for YNH to fulfill all Conditions Precedent of the SPA (regard as "4th Extension of Time").



This announcement is dated 15 February 2024.





Announcement Info
Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 15 Feb 2024
Category General Announcement for PLC
Reference Number GA1-18012024-00054

Posted by Good123 > 2 months ago | Report Abuse

Banyak harta :)

Background summary

The Company had decided to enter into Deed of Termination to terminate the Proposed Disposal of 163 Retail Park to ALX Asset (“Proposed Disposal 1”) as announced on 29 January 2024, as the Proposed Disposal 1 and the propose disposal of AEON Seri Manjung’s main objective was to undertake a Proposed ABS issue, which was not completed since its first announcement on 17 November 2022, as explained in our announcement dated 5 February 2024.



1. To elaborate the rationale for the Company to terminate the Disposal of 163 Retail Park to ALX Asset for disposal consideration of RM270.5 million (which was supported by the market valuation at the material date on 1 September 2022) and entered into a new SPA to dispose of the same assets to RHB Trustee for RM215 million.



The Company has decided to dispose of 163 Retail Park to RHB Trustee, being the trustee of Sunway Real Estate Investment Trust (“Sunway REIT”) (“Proposed Disposal 2”), following the termination of Proposed Disposal 1. Although, the disposal consideration for 163 Retail Park under Proposed Disposal 1 is for RM 270.5 million as compared to Proposed Disposal 2 of the same asset for RM 215.0 million, the Company views the timelines and certainty of completion is of upmost priority as it allows the Company to realise the benefit from the interest cost savings by utilising the sales proceeds that is allocated for the repayment of bank borrowings.





2. Given that there is a reduction of the disposal consideration from RM270.5 million (involving ALX Asset) to RM215 million under the current Proposed Disposal, and taking into consideration the audited NBV as at 30 June 2023 of RM234,963,931, please provide a detailed and comprehensive disclosure of the basis and justification in arriving at the Disposal Consideration of RM215 million, other than on a “willing buyer willing seller” basis.



Following the termination of Proposed Disposal 1, the Company’s basis and justification for the disposal of 163 Retail Park to Sunway REIT is the timing and certainty of completion. Hence, even though the Proposed Disposal 2 is at a discount of approximately 20.5% of the disposal consideration of Proposed Disposal 1, the settlement of the Proposed Disposal 2 could be completed within three (3) months from the unconditional date, being the date when all the condition precedents in the conditional Sale and Purchase Agreement are fulfilled.





3. To disclose the details of the identified borrowings to be repaid as part of the utilisation of proceeds and the expected amount of interest savings arising thereof.



The details of the identified borrowings to be repaid as part of the utilisation of proceeds is as follows:-





Details of utilisation





RM‘mil

% of disposal proceeds

Estimated utilisation timeframe from receipt of proceeds

Redemption of the Property (Note 1)

110.9

51.6

Immediate

Repayment of Borrowings (Note 2)

53.0

24.7

Immediate

Total

163.9

76.3







For clarity, the balance of the disposal proceeds of RM 51.1 million is allocated for working capital

Posted by Good123 > 2 months ago | Report Abuse

CORPORATE INFORMATION
Directors
Dato’ Dr. Yu Kuan Chon, DIMP, PPT, MBBS
(Chairman, Executive Director)
Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT
(Managing Director)
Khong Kam Hou
(Senior Independent Non-Executive Director)
Oon Seow Ling
(Independent Non-Executive Director)
Ching Lee Fong
(Independent Non-Executive Director)
Audit Committee
Oon Seow Ling
(Independent Non-Executive Director) - Chairman
Khong Kam Hou
(Senior Independent Non-Executive Director) - Member
Ching Lee Fong
(Independent Non-Executive Director) - Member
Remuneration Committee
Oon Seow Ling
(Independent Non-Executive Director) - Chairman
Khong Kam Hou
(Senior Independent Non-Executive Director) - Member
Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT
(Managing Director) - Member
Ching Lee Fong
(Independent Non-Executive Director) - Member
Nominating Committee
Oon Seow Ling
(Independent Non-Executive Director) - Chairman
Khong Kam Hou
(Senior Independent Non-Executive Director) - Member
Ching Lee Fong
(Independent Non-Executive Director) - Member
Secretaries
Chan Eoi Leng (MAICSA 7030866)
(SSM PC No. 202008003055)
Cheng Ghee Cheng (LS 0004598)
(SSM PC No. 202008002000)
Registrars
Boardroom Share Registrars Sdn. Bhd.
11th Floor, Menara Symphony
No. 5, Jalan Professor Khoo Kay Kim
Seksyen 13, 46200 Petaling Jaya
Selangor Darul Ehsan, Malaysia
Telephone No.: 03-78418000
Fax No.: 03-78418151/8152
Email: bsr.helpdesk@boardroomlimited.com
Website: www.boardroomlimited.com
Registered Office
55A, Medan Ipoh 1A
Medan Ipoh Bistari
31400 Ipoh
Perak Darul Ridzuan, Malaysia
Telephone No.: 05-5474833
Fax No.: 05-5474363
Email: boardroom-kl@boardroomlimited.com
Principal Place Of Business and Head Office
188, Jalan PPMP 3/3
Pusat Perniagaan Manjung Point 3
32040 Seri Manjung
Perak Darul Ridzuan, Malaysia
Telephone No.: 05-6881128
Fax No.: 05-6881388
Email: karsin@streamyx.com
Website: www.ynhb.com.my
Sales Office – Kuala Lumpur
Sales Gallery
Unit 03-01D, Level 3
Lot 163, 10, Jalan Perak
50450 Kuala Lumpur
Telephone No.: 03-21637700
Fax No.: 03-21627770
Sales Office – Ipoh
10, Jalan Medan Ipoh 3
Bandar Medan Ipoh Baru
31400 Ipoh
Perak Darul Ridzuan, Malaysia
Telephone No.: 05-5451945
Fax No.: 05-5451945
Auditors
Baker Tilly Monteiro Heng PLT
Baker Tilly Tower
Level 10, Tower 1, Avenue 5
Bangsar South City
59200 Kuala Lumpur
Malaysia.
Principal Bankers
Alliance Bank Malaysia Berhad
AmBank (M) Berhad
Bank Islam Malaysia Berhad
CIMB Bank Berhad
Hong Leong Bank Berhad
HSBC Bank Malaysia Berhad
Malayan Banking Berhad
OCBC Bank (Malaysia) Berhad
Public Bank Berhad
Public Investment Bank Berhad
RHB Bank Berhad
United Overseas Bank (Malaysia) Bhd.
Al Rajhi Banking And Investment Corporation
(Malaysia) Bhd.
Affin Bank Berhad
MBSB Bank Berhad
Stock Exchange Listing
Bursa Malaysia Securities Berhad
Main Market

Posted by Good123 > 2 months ago | Report Abuse

During the financial period, YNH continued to build on the growing township development in Manjung District,
Perak for stable revenue contribution, while The OOAK serviced apartments and The OOAK Suites of Kiara 163 and
Solasta Dutamas also contributed to our earnings. The Group’s FY2023 revenue (18 months) is RM307,516,997
while profit before taxation is RM20,416,799.

Posted by Good123 > 2 months ago | Report Abuse

Solasta Dutamas
The Solasta Dutamas is a freehold serviced apartment located within the Mont Kiara Neighbourhood. Solasta
Dutamas consists of 3 blocks of serviced apartments with a total of 1,159 units. The project’s strategic location in
a matured neighbourhood, being less than 10 km away from Kuala Lumpur City Centre, efficient unit layouts and
competitive pricing will attract young working executives who are buying their first homes and customers who
prefer to stay nearer to their work places for convenience.
Construction of the project is undertaken by our wholly owned subsidiary YNH Construction Sdn Bhd. Construction
works has reached 25% as at 30th September 2023.
Genting Highlands Development
The Company has in the final quarter of 2008 acquired 95 acres of strategic development land bank in Genting
Highlands. The Genting land is located strategically next to the Genting Highland Resort and was acquired for
RM16.05 million. The advantage of this land bank is that the purchase consideration is very low and it comes with
infrastructure. The land has already been converted to building title. The proximity to the existing Genting Highland
Resort is an advantage as the proposed development will complement the existing infrastructure. Other plus point
for this development is that it is located in a cool environment and yet only 45 minutes drive from the Kuala Lumpur
city centre.
The proposed development for this 95 acres land includes commercial units, bungalows, condominium, retail units
which will be targeted at both local and foreign investors. The estimated gross development value for this future
development is RM1.96 billion and it is expected to contribute to the Group’s earnings in the next 20 years.
The 1st phase of the proposed development is a 35-storey serviced apartment building consisting of 908 units. The
proposed phase 1 will have an estimated GDV of about RM700 million. Phase 1 of Genting Highlands Development
is in its final stages of planning, and we are targeting to launch the project end 2024, subject to the prevailing
market conditions, and final approvals from relevant authorities.

Posted by Good123 > 2 months ago | Report Abuse

Kuala Pilah Development
I am also pleased to announce that the Group have obtained a development order from the Kuala Pilah District
Council (Majlis Daerah Kuala Pilah or MDKP) in early 2023 for a 2,200 units of mixed development township located
in the heart of Negeri Sembilan.
The township, located within proximity of Kuala Pilah town and Bahau town, will have access to readily available
amenities such as Lotus’s and Giant hypermarkets, hospitals, restaurants, banks and much more. The township is
envisioned to become an economic growth catalyst for the area, while catering to the strong demand for quality yet
affordable homes. The total Gross Development Value of the township is estimated at RM600 million.
The development of the Kuala Pilah township is expected to contribute positively to the Group’s performance over
the next five years.
Development Projects in Perak
The Manjung Point Township has provided the Group with consistent revenue over the years. The Group targets to
generate RM100 million revenue every year with both residential and commercial project launches in the coming
years utilizing a portion of the undeveloped land bank in the Manjung Point Township.
The remaining 700 acres of undeveloped land bank in Seri Manjung is expected to contribute to the Group’s
revenue for another 50 years to come.
Corporate Development
The Board is proud to announce that we have obtained the approval from shareholders for the Proposed Disposal
via EGM conducted on 1st March 2023 pursuant to the fund raising proposal via the ABS announced in 22nd
September 2022
The Company obtained shareholders approval to dispose of the assets. As this is a related party transaction, the
major shareholders have abstained from voting.
Separately, as per Company announcements, the Group is in the midst of land disposal as part of the Company’s
plans to raise cash and reduce borrowings.

Posted by Good123 > 2 months ago | Report Abuse

As at the financial period ended 30 June 2023, the Group’s revenue is mainly contributed by sale of inventories in
Kiara 163 OOAK Suites and Solasta Dutamas for projects in Kuala Lumpur, while Pusat Perniagaan Manjong Point
3 projects are the main revenue contributor for projects in the state of Perak.
The Board is pleased to inform that the Kiara 163 has obtained full Certificate of Completion and Complaince in
February 2022. As at 30th September 2023, the project was 99% sold. The management is pleased that the project
is well received by the market, and will strive to replicate the elements of success in upcoming developments.
Located in Dutamas, Kuala Lumpur, Solasta Dutamas has a Gross Development Value (“GDV”) of approximately
RM720 million, and is expected to contribute positively to the Group’s earnings for the next 3 years. As at 31 March
2023, the construction of Solasta Dutamas substructure works is almost complete. Since official launch in July 2022,
30% of total units has been convert into sales.
In Perak, Manjung Commercial Shoplots and Manjung Point Township residential units (Seri Manjung, Perak) will
continue to contribute strongly to the Group’s income.
Furthermore, the Group’s township development in Seri Manjung of approximately 700 acres will continue to
contribute to the Group’s profit for the next 20 to 30 years.
AEON Seri Manjung and Pantai Hospital Seri Manjung both fully operational together with the international school,
had improved the value of the Company’s existing and future developments of this township.
The Group is making preparations for the launch of several projects in the pipeline, namely the 1st phase of the
Project in Genting Highland, which has a GDV of RM700 million, planned for launch after the Solasta Dutamas
Project. The 1st Phase will occupy approximately 5 acres of the 95 acres land bank in Genting highland.
The Group will be venturing into Negeri Sembilan after securing a Development Order from the Kuala Pilah District
Council (Majlis Daerah Kuala Pilah or MDKP) for a 2,200 units of mixed development township with estimated GDV
of RM600 million.
The Group is also planning to develop the approximately 300 acres land bank in Tanjung Malim into a township
of more than 3000 units of mixed developments. Located near Proton City in Tanjung Malim, the project is set
to benefit from the RM30 billion foreign investment committed by Chinese automaker Zhejiang Geely Holding
Group Co Ltd pursuant to the signing of Memorandum of Understanding signed between Malaysian and Chinese
companies announced this year.
Last but not least, a prestigious project planned for the future by YNHP is the Menara YNH development. The
commercial development sits on approximately 3 acres of land on Jalan Sultan Ismail, which is located within the
Golden Triangle area of Kuala Lumpur city centre. The location of Menara YNH offers easy accessibility and close
proximity to public transport facilities. This development has an internal targeted GDV of approximately RM4 billion.
The Menara YNH mixed development will comprise the mix of hotel, service apartments and shopping mall.
Contribution from this project which includes rental income is expected to contribute positively to the Group’s
future earnings.
In terms of Corporate Developments, the Group is expected to receive RM422.5 million from the asset disposal
to an SPV pursuant to the Asset Backed Securitisation of the Kiara 163 Retail Park and Aeon Seri Manjung in 2
tranches, and is expected to complete the 1st tranche by end of FY2023 and the 2nd tranche before June 2024.

Posted by Good123 > 2 months ago | Report Abuse

LIST OF PROPERTIES
Location Description Property Remaining Existing use/ Tenure NBV Year of
Land Area Proposed Usage (years) @ 30.6.23 Acquisition/
@ 30.6.23 (RM) Last Revaluation
(acres)

Bal Lot 6154 & 6555 &
Lot 6518 Mkm Lumut, Perak
(Old Lot No.1557 & 1932)

- Portion for own investment Property, plant and 27.94 Agricultural/ Freehold 5,142,000 2001
(PT2781-2782) equipment for investment

- Portion for fixed asset Property, plant and 125.29 Agricultural/ Freehold 23,256,000 2001
(G28079, PT2722-2780, equipment for investment
2785, 2822-2823)
Lot 1612, Mukim Kota Lama Property, plant and 13.14 Agricultural/ Freehold 4,214,000 2001
Kiri, Kuala Kangsar equipment for investment
Lot 2795, Mukim Lumut, Property, plant and 25.00 Agricultural/ Freehold 15,261,000 2001
Daerah Manjung, Perak equipment for investment
Lot 36480 & Lot 36481, Property, plant and 25.32 Agricultural/ Leasehold 2,111,000 2011 *
Sungai Terap, Perak equipment for investment (28.11.2109)
Lot 17196 to Lot 17201, Right of use 88.97 For investment Leasehold 31,230,000 2011 *
Lot 17205-Lot 17208, Mukim (7.1.2107)
Lumut, Daerah Manjung,
Perak

Lot 198272, Mukim Hulu Property, plant and 3.00 Vacant land Leasehold 1,753,000 2014
Kinta, Daerah Kinta, Perak equipment (9.8.2052)

Lot 6555 – PT2791, Planted with oil palm tree and 25.00 Proposed mixed Freehold 5,838,000 2001
Mukim of Lumut, approved for development development –
Daerah Manjung, Perak commercial and
residential
Lot 6555 - PT2792, PT2793, Planted with oil palm tree and 36.38 Proposed Hock Chew Freehold 8,228,000 2001
PT2794, Mukim Lumut, Daerah approved for development Centre with
Manjung, Perak mixed development
Entry No.1577 Lot 712 Planted with oil palm tree and - Proposed mixed Freehold
Mukim Lumut, Perak approved for development development – 468,000 2001
Entry No. 1380 Lot 1387 4.78 commercial and Freehold
Mukim Lumut, Perak residential
HS (D) Dgs 1203/78 Lot 2740 Planted with oil palm tree and Taman Suria, Pantai Freehold
Mukim Pengkalan Bharu, Perak approved for development 7.88 Remis – commercial 1,186,000 2001
HS (D) Dgs 1204/78 Lot 2741 and residential Freehold
Mukim Pengkalan Bharu, Perak
Geran 36493, Lot 495 & Vacant Land and approved 0.70 Proposed mixed Freehold 1,230,000 2001
Geran 36944, Lot 496, for development development
Town of Lumut, – commercial and
Daerah Manjung, Perak residential
* Year of Acquisition

Posted by Good123 > 2 months ago | Report Abuse

LIST OF PROPERTIES (cont’d)
* Year of Acquisition
Location Description Property Remaining Existing use/ Tenure NBV Year of
Land Area Proposed Usage (years) @ 30.6.23 Acquisition/
@ 30.6.23 (RM) Last Revaluation
(acres)

CT 17320 Lot 117 Vacant Land and approved for 0.83 Proposed mixed Freehold 541,000 2001
Town of Lumut, Perak development development
– commercial and
residential
EMR 379 Lot 380 Mukim Vacant Land and approved 1.37 Proposed mixed Freehold 361,000 2001
Pengkalan Bharu, Perak for development development

HS (D) Dgs 1042/78 Lot 5493 Planted with oil palm tree and 7.60 Taman Layar, Kg. Freehold 2,890,000 2001
(New lot 13100) approved for development Acheh, Sitiawan
Mukim Lumut, Perak – commercial
and residential

EMR 9714 Lot 10054 Planted with oil palm tree and 3.08 Proposed mixed Freehold 418,000 2001
Mukim Sitiawan, Perak approved for development development –
commercial and
residential

EMR 5198 Lot 4622 Planted with oil palm tree and 5.04 Proposed mixed Freehold 988,000 2001
Mukim Sitiawan, Perak approved for development development –
commercial and
residential
Geran 7419 Lot 15655 Planted with oil palm tree and 3.04 Proposed development Freehold 1,413,000 2001
Mukim Sitiawan, Perak approved for development – residential
HS(D)Dgs1673/83 PT10382 Vacant Land 0.04 Proposed mixed 99 years 46,000 2001
& (Lot No. 25893 25900) development (23.9.2082)
HS(D)Dgs 1680/83 PT10389 – residential
Mukim Sitiawan, Perak and commercial
HS(D)Dgs 830/89 PT625 Vacant Land 0.75 Proposed development 60 years 273,000 2001
Bandar Lumut, Perak – residential (7.6.2049)
Lot 1983, Lot 1984 Vacant Land 2.97 Agricultural land Freehold 249,000 2004 *
(GM1246, GM1247) land
Mukim Lumut, Daerah
Manjung, Perak
Bal Lot 6154 & 6555 & Vacant Land 50.00 Proposed for Freehold 9,045,000 2004 *
Lot 6518 Mkm Lumut clubhouse usage
(Old Lot No. 1557 &
1932) PT2789-PT2790, Perak
Lot 140, Vacant Land 0.69 Proposed mixed Freehold 177,000 2005 *
Town of Lumut, Perak development
Lot 732, 733, all in Mukim Vacant Land 0.02 Proposed mixed Freehold 89,000 2005 *
of Sitiawan, Perak development

Lot 31776-31780 PT47587- Vacant Land and approved 0.20 Proposed mixed 99 years 163,000 2001
47591 Mukim Sitiawan for development development – (5.5.2088)
(Old Lot No. 15173-15177) commercial and
Perak residential