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2019-09-30 12:14 | Report Abuse
Dividend ex date next month 4sen :)
Interim Dividend
YTL CORPORATION BERHAD
EX-date 25 Oct 2019
Entitlement date 29 Oct 2019
Entitlement time 05:00 PM
Entitlement subject Interim Dividend
Entitlement description Interim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 June 2019
Period of interest payment to
Financial Year End 30 Jun 2019
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no YTL CORPORATION BHD
11th Floor, Yeoh Tiong Lay Plaza
55, Jalan Bukit Bintang
55100Kuala Lumpur
Tel:0321426633
Fax:0321412703
Payment date 13 Nov 2019
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 29 Oct 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.04
Par Value (if applicable)
Announcement Info
Company Name YTL CORPORATION BERHAD
Stock Name YTL
Date Announced 29 Aug 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-29082019-00006
2019-09-30 11:59 | Report Abuse
Ytl is growing even though during this tough time ... Accumulate more in stages, don't be fearful like others :)
2019-09-30 11:58 | Report Abuse
Recent quarter, revenue exceeded rm5bil, growing rapidly
2019-09-30 10:48 | Report Abuse
:)
OTHERS (I) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY (II) PROPOSED ADOPTION OF NEW CONSTITUTION
YTL CORPORATION BERHAD
Type Announcement
Subject OTHERS
Description (I) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY
(II) PROPOSED ADOPTION OF NEW CONSTITUTION
The Board of Directors of YTL Corporation Berhad (the “Company”) wishes to announce that the Company intends to seek shareholders’ approval, at the forthcoming Thirty-Sixth Annual General Meeting, for the –
(i) proposed renewal of share buy-back authority; and
(ii) proposed adoption of new constitution
(collectively, the “Proposals”).
A statement/circular containing details of the Proposals will be dispatched to the shareholders of the Company in due course.
Announcement Info
Company Name YTL CORPORATION BERHAD
Stock Name YTL
Date Announced 26 Sep 2019
Category General Announcement for PLC
Reference Number GA1-26092019-00088
2019-09-30 10:47 | Report Abuse
never at this level before... share buyback by the company is possible again :)
2019-09-30 10:45 | Report Abuse
share buyback is coming back at this price level? :)
05-Mar-2019 05-Mar-2019 Buyback 1,000 1.030 1.030 View Detail
05-Mar-2019 05-Mar-2019 Buyback 1,000 1.030 1.030 View Detail
30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
03-Aug-2018 03-Aug-2018 Buyback 2,000,000 1.350 1.350 View Detail
02-Aug-2018 02-Aug-2018 Buyback 3,000,000 1.360 1.360 View Detail
01-Aug-2018 01-Aug-2018 Buyback 3,438,000 1.330 1.350 View Detail
31-Jul-2018 31-Jul-2018 Buyback 2,448,000 1.340 1.340 View Detail
30-Jul-2018 03-Aug-2018 Buyback 13,886,000 1.310 1.360 View Detail
30-Jul-2018 30-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
27-Jul-2018 27-Jul-2018 Buyback 4,000,000 1.300 1.300 View Detail
26-Jul-2018 26-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
24-Jul-2018 24-Jul-2018 Buyback 4,000,000 1.320 1.320 View Detail
23-Jul-2018 27-Jul-2018 Buyback 15,000,000 1.300 1.320 View Detail
23-Jul-2018 23-Jul-2018 Buyback 4,000,000 1.310 1.310 View Detail
20-Jul-2018 20-Jul-2018 Buyback 3,500,000 1.290 1.310 View Detail
17-Jul-2018 17-Jul-2018 Buyback 4,500,000 1.320 1.340 View Detail
16-Jul-2018 20-Jul-2018 Buyback 17,963,000 1.290 1.340 View Detail
16-Jul-2018 16-Jul-2018 Buyback 9,963,000 1.300 1.330 View Detail
13-Jul-2018 13-Jul-2018 Buyback 7,912,000 1.220 1.270 View Detail
12-Jul-2018 12-Jul-2018 Buyback 10,969,000 1.170 1.210 View Detail
11-Jul-2018 11-Jul-2018 Buyback 2,000,000 1.150 1.150 View Detail
10-Jul-2018 13-Jul-2018 Buyback 26,972,000 1.150 1.270 View Detail
10-Jul-2018 10-Jul-2018 Buyback 6,091,000 1.160 1.180 View Detail
06-Jul-2018 06-Jul-2018 Buyback 9,000,000 1.140 1.150 View Detail
2019-09-28 17:01 | Report Abuse
48sen in 2014
@kmwong8711 VICTOR YONG
Could you please let me know what is the historical high price is MUIPROP??
Thanks
2019-09-27 08:19 | Report Abuse
UCSI Hospital
UCSI is building Malaysia’s first private teaching hospital under the Economic Transformation Programme. Built in phases, the 1,000 bed hospital will turn Springhill into a vibrant hub of healthcare and learning.
The hospital is part of a huge project that involves the construction of a hotel and an international school that is already operational. Once completed, the hospital will also feature a lifestyle mall that will attract visitors to Springhill and open doors for medical tourism.
Lot No.8317, Bandar Springhill, Mukim Jimah, Daerah Port Dickson, Negeri Sembilan
http://ucsihospital.com/
2019-09-27 08:08 | Report Abuse
Bandar Springhill, Seremban
Bandar Springhill "Where Living Means Everything" - A 2,000 acres mixed development township by 2 giants in the game. West Synergy of the MUI Group and Chin Teck Platations,just 10 mins away from Seremban,15 mins to Port Dickson,2 mins to Lukut interchange. Freehold development within a natural surrounding,near to newly completed UCSI University Campus, UCSI International School.
2019-09-26 22:15 | Report Abuse
Project : UCSI University Hospital and Faculty of Medical Sciences
Location : Bandar Springhill, Negeri Sembilan, Malaysia.
Client : UCSI University Hospital Sdn Bhd
Type : A 1.8 million square feet, 500-bed teaching hospital incorporating the Faculty of Medical Sciences on a 26.2 acres green field site. It is part of the proposed 140-acre main campus for UCSI University.
Status :Phase One is under construction
2019-09-26 22:15 | Report Abuse
Project : UCSI University Hospital and Faculty of Medical Sciences
Location : Bandar Springhill, Negeri Sembilan, Malaysia.
Client : UCSI University Hospital Sdn Bhd
Type : A 1.8 million square feet, 500-bed teaching hospital incorporating the Faculty of Medical Sciences on a 26.2 acres green field site. It is part of the proposed 140-acre main campus for UCSI University.
Status :Phase One is under construction
2019-09-26 21:47 | Report Abuse
Use some of the acres to develope gated housing or commercial centres, etc.
26/09/2019 9:47 PM
Andrew also plans to bring the lifestyle concept to MUI’s property development business. “Half of Bandar Springhill has been developed and we have another 1,000 acres, which will take another 10 years. We plan to bring lifestyle experiences to Port Dickson by building a clubhouse, a multipurpose hall and other amenities for residents.”
2019-09-26 19:34 | Report Abuse
2019-09-26 19:32 | Report Abuse
UCSI, add university to its international school at Springhill? :)
2019-09-26 19:30 | Report Abuse
http://www.ucsiinternationalschool.edu.my/sh/
Learn With The Best
Our teachers are professional expatriate with many years of teaching experience.
feature
World-Class Education
We offer International Baccalaureate programme which assure international standards.
feature
Good Environment
Our campus is well positioned in the education township of Bandar Springhill, Port Dickson
feature
World-Class Facilities
Our campus is located on a 20-acre ground equipped with facilities such as swimming pool, golf court, and etc.
feature
Learn with Fun
Our students get to join a wide variety of activities that includes sports, academic workshops and the arts.
feature
Residential Life
Living in a culturally diverse environment fosters open-mindedness and an enhanced understanding of the world.
2019-09-26 11:24 | Report Abuse
This stock is one of the safest. :)
If mui prop to be disposed off , suitable candidate is chin teck..
The other 40% of Bandar Springhill is owned by Chin Teck Plantations Bhd, through its stake in West Synergy Sdn Bhd.
2019-09-26 11:15 | Report Abuse
Muiprop is also the jewel of mui group :)
Malayan United Industries Bhd (MUI), MUI Properties Bhd, Pan Malaysia Corp Bhd and Pan Malaysia Holdings Bhd — are currently trading at below 30 sen per share. Its UK-listed fashion and houseware brand, Laura Ashley Holdings plc, has been on a downward trend as well, with the counter falling from its peak of £29.75 to a 15-year low of £3.75 last Thursday. Of the five units, only MUI Properties is profitable.
2019-09-26 11:13 | Report Abuse
Quite recent
Quick take: MUI Properties up 17% in active trade
BUSINESS
Tuesday, 09 Apr 20192:30 AM
KUALA LUMPUR: Shares in MUI Properties Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png
gained more than 17% in early trade Tuesday.
The counter jumped 17.07%, or 3.5 sen to 24 sen with 13.81 million shares done. It has fallen some 11.32% in the past one year.
The company has not made any corporate announcements recently.
For the first six months ended Dec 31, 2018, MUI Properties posted a net profit of RM5.6mil against RM336,000 in the same period a year ago.
Its revenue for the period stood at RM27.7mil, up 124% from RM12.37mil a year previously.
Last December, Tan Sri Khoo Kay Peng, announced his retirement as executive chairman of MALAYAN UNITED INDUSTRIES BHD
image: https://cdn.thestar.com.my/Themes/img/chart.png
(MUI) after four decades at its helm.
Concurrently, his eldest son Andrew Khoo Boo Yeow, 46, has been appointed by the MUI board as its executive chairman after assuming the role of group chief executive officer from Jan 1, 2018.
Read more at https://www.thestar.com.my/business/business-news/2019/04/09/quick-take-mui-properties-up-17pc-in-active-trade#veelGurKwoJDmLOR.99
2019-09-26 11:10 | Report Abuse
Development will continue at the group’s flagship township, Bandar Springhill in Port Dickson, with 1,000 acres of land still undeveloped.
Andrew also plans to bring the lifestyle concept to MUI’s property development business. “Half of Bandar Springhill has been developed and we have another 1,000 acres, which will take another 10 years. We plan to bring lifestyle experiences to Port Dickson by building a clubhouse, a multipurpose hall and other amenities for residents.”
The other 40% of Bandar Springhill is owned by Chin Teck Plantations Bhd, through its stake in West Synergy Sdn Bhd.
2019-09-26 11:01 | Report Abuse
muiprop was established in 1965. now 2019. the father had failed.now the son has taken over.be patient
2019-09-25 11:42 | Report Abuse
Possible for mbsb to be privatised by EPF and relist after getting the full shariah compliant banking license in 2 years? :)
2019-09-25 09:47 | Report Abuse
Mbsb should be above net asset per share like bimb . Be patient :)
2019-09-25 09:33 | Report Abuse
After becoming a 100% shariah compliant bank, I think the valuation of mbsb should be close to bimb :)
BIMB Financial Information
Market Capital (RM) 7.057b
Number of Share 1.764b
EPS (cent)* 42.95
P/E Ratio 9.31
ROE (%) 13.26
Dividend (cent)^ 15.500
Dividend Yield (%) 3.88
Dividend Policy (%) 50
NTA (RM) 3.240
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2018-12-31.
KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian Finance Bank Bhd — being the group's holding company within the next two years.
Its president and chief executive officer Datuk Seri Ahmad Zaini Othman (pictured) told reporters today that for that to happen, MBSB still has to convert its conventional assets worth about RM1 billion to Islamic assets, which make up about 10% to 12% of its asset portfolio.
"Under our business plan, Bank Negara [Malaysia] gives us about three years to collapse all the conventional assets," said Ahmad Zaini. MBSB Bank obtained its banking licence to undertake Islamic banking in April last year.
Once the group completes this internal restructuring, Ahmad Zaini said MBSB Bank will then have a full shariah-compliant certification or endorsement.
"This [will then also] open up a lot more opportunities for us, once it is a shariah-compliant stock, it is easier to attract more investors and investments," he said after the group's annual general meeting here today.
2019-09-24 11:15 | Report Abuse
Dividend ex date is June yearly. Now already September, if just 5 Sen as usual, dividend yield is more than 6%+ already. Don't miss the boat now
2019-09-24 10:58 | Report Abuse
Maybe, EPF will raise the dividend of mbsb next year to match its dividend to EPF account holders :)
2019-09-24 10:56 | Report Abuse
Last 2 years, 5 Sen dividend, based on 85sen now, dividend yield is about 5.9% close to 6%+ given by EPF
2019-09-24 10:06 | Report Abuse
Also potential for disposal by EPF, epf is just an institutional funds especially for Malaysian employees
2019-09-24 10:04 | Report Abuse
Potential for merger with rhb in future, both controlled by epf
2019-09-24 10:04 | Report Abuse
EPF controls mbsb with more than 60% shareholdings. Pretty safe , this stock
2019-09-24 08:26 | Report Abuse
Moving towards 26sen, the transacted price for off market deal :)
MUI Properties Bhd saw 39.46 million shares or a 5.3% stake change hands in five direct deals for RM10.26 million in total on June 14. The transacted price of 26 sen was at a premium to the 22.5 sen to 23.5 sen apiece the stock fetched on the open market that day. The parties involved in the deals were unknown at the time of writing.
Tan Sri Khoo Kay Peng — who in April passed the executive chairman’s post he had held since 1979 to his son and former CEO Andrew Khoo Boo Yeow — controls 74.3% of the company through Malayan United Industries Bhd and other private vehicles.
Closing at 22 sen last Wednesday, MUI Properties’ share price was down 0.5 sen or 2.2% year to date.
2019-09-23 16:48 | Report Abuse
The parent company should privatise muiprop via share swap, etc to improve its performance :)
MUIPROP Financial Information
Market Capital (RM) 133.71m
Number of Share 764.06m
EPS (cent)* 2.17
P/E Ratio 8.06
ROE (%) 5.91
NTA (RM) 0.367
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
MUIIND Financial Information
Market Capital (RM) 557.19m
Number of Share 2.933b
EPS (cent)* -3.57
ROE (%) -28.33
NTA (RM) 0.126
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
2019-09-23 15:27 | Report Abuse
Possible for mui prop?
KUALA LUMPUR (Sept 23): Independent adviser Mercury Securities Sdn Bhd has recommended today that Lien Hoe Corp Bhd shareholders reject Christine Holding Sdn Bhd's proposal to buy the remaining shares in Lien Hoe at 25.5 sen each because the takeover offer is "not fair" and "not reasonable".
Mercury Securities said in a circular to Lien Hoe shareholders that the offer is not fair because the offer price of 25.5 sen is lower than the estimated value and historical market price of Lien Hoe shares.
The independent adviser derived an estimated value of RM1.50 each for Lien Hoe shares.
Mercury Securities said, "The offer is not reasonable as the Lien Hoe shares will remain tradable on the Main Market of Bursa Securities and hence, the holders will still have the opportunity to realise their investment in the Lien Hoe shares at the prevailing market prices on the open market after the closing date."
Lien Hoe had initially announced the takeover offer on Aug 21 this year.
On that day, the property developer said it received the notice of conditional mandatory takeover offer from Christine Holding, which already owned an approximately 46.1% stake in Lien Hoe.
At 12:30pm today, Lien Hoe's share price rose 0.5 sen or 2% to settle at 25.5 sen. The stock saw 482,100 shares exchanging hands.
2019-09-23 10:49 | Report Abuse
not bad also, great improvement :)
Thursday, 29 Aug 2019
6:33PM MUIPROP Financial year end net profit 22.688 million (increased 253.23%)
2019-09-23 10:46 | Report Abuse
seem very cheap now based on the off-market transacted price recently, correct?
MUI Properties Bhd saw 39.46 million shares or a 5.3% stake change hands in five direct deals for RM10.26 million in total on June 14. The transacted price of 26 sen was at a premium to the 22.5 sen to 23.5 sen apiece the stock fetched on the open market that day. The parties involved in the deals were unknown at the time of writing.
Tan Sri Khoo Kay Peng — who in April passed the executive chairman’s post he had held since 1979 to his son and former CEO Andrew Khoo Boo Yeow — controls 74.3% of the company through Malayan United Industries Bhd and other private vehicles.
Closing at 22 sen last Wednesday, MUI Properties’ share price was down 0.5 sen or 2.2% year to date.
2019-09-21 20:13 | Report Abuse
SEREMBAN: Lokasi stesen bagi projek Laluan Rel Pantai Timur (ECRL) di Negeri Sembilan membabitkan kawasan Nilai, bakal dibina berhampiran Nilai 3.
Menteri Besar, YAB Dato' Seri Haji Aminuddin Harun berkata, perkara itu dimaklumkan oleh Malaysia Rail Link Sdn Bhd (MRL) menerusi taklimat kepada Kerajaan Negeri Sembilan.
"Mereka pada dasarnya dah buat satu jajaran, daripada sempadan kita (Negeri Sembilan) di Pahang iaitu Mentakab ke Kuala Klawang dan seterusnya ke Nilai. Ini satu berita baik untuk kita.
"Mereka akan mendirikan sebuah stesen lagi di Nilai, di samping pembinaan (stesen) di Kuala Klawang. Nilai berhampiran (kawasan) Nilai 3, insya-Allah.
"Kalau di Nilai, kita (Negeri Sembilan) akan ada stesen untuk kargo dan penumpang. Mereka ada (kemukakan) permohonan untuk buat (perkhidmatan) kargo juga.
"Dari situ (Nilai), akan sambung ke Putrajaya. Seterusnya dari Putrajaya sambung ke Pelabuhan Klang," katanya.
Sehubungan itu kata Aminuddin, pihak Kerajaan Negeri akan membantu MRL untuk kerja tanah dan kerja yang melibatkan pembangunan ECRL di kawasan tersebut.
"Ada tanah rizab; tanah kerajaan; tanah swasta dan tanah individu. (Durasi) pembinaan ini dalam tempoh tujuh tahun dan ECRL boleh digunakan pada 1 Januari 2027.
"Kerja-kerja (pembinaan) di Negeri Sembilan akan bermula pada suku ketiga tahun 2020. Ini juga akan melibatkan pembinaan terowong yang panjang di sepanjang (jajaran) Kuala Klawang ke Nilai," katanya.
Beliau berkata demikian pada sidang media selepas mempengerusikan Mesyuarat Exco Kerajaan Negeri Sembilan di Wisma Negeri, di sini, kelmarin.
Turut hadir adalah Setiausaha Kerajaan Negeri Sembilan, YB Dato' Dr Razali Ab Malik serta beberapa Exco Kerajaan Negeri Sembilan iaitu YB Tuan Teo Kok Seong; YB Tuan J Arul Kumar; YB Puan Nicole Tan Lee Koon dan YB Tuan S Veerapan.
2019-09-21 07:29 | Report Abuse
Good4muiprop, it's project in NS.
SEREMBAN (Sept 20): The first project of the Malaysia Vision Valley 2.0 (MVV 2.0) will focus on the development of high technology industries in Parcel A, Nilai, covering an area of 1,149.39 hectares (2,838 acres) in 2020.
Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun said based on the MVV 2.0’s early planning, the project was meant to start with a housing development in Parcel B, but this has now been changed in favour of the industrial development.
"By preparing Parcel A earlier for the industrial development, it will ensure job opportunities for the people in the State and the surrounding areas. After that, we will move on to the housing project. It will also enable the community working there to purchase the houses...that is our hope.
"This move was also taken as we found many housing developers had already undertaken projects in the area and this is good for the development of the State,” he added.
He told reporters this after the closing of the MVV 2.0 Workshop and Focus Group Discussion involving technical agencies here today.
He hoped that when the MVV 2.0 is structured and replanned, it will be realised quickly based on the State Government’s desire to attain a level of prosperity in particular for the people of Negeri Sembilan and in general for the country.
In the regard , Aminuddin said he fully supported the industrial project to be implemented quickly and understood that there had been commitments for investments in the area, with MVV Holdings itself having a target for the project at Parcel A to begin in mid-2020.
He said after the workshop, the Master Layout Plan being finalised, will be tabled before the MVV Coordination, Implementation and Direction Committee chaired by him.
"Then, the MVV implementation team, namely Sime Darby Property, will forward the request for planning permission to the Nilai Municipal Council (MPN) for approval.
"It is my hope that what was discussed and the views put forth at this workshop will be translated into the process for the request for planning permission to the MPN.
“As such, the technical agencies have to be consistent in giving their comments to ensure the whole process runs smoothly. I also hope the process towards implementation of this MVV 2.0 will be a benchmark for development in Negeri Sembilan," Aminuddin added.
He said the MVV 2.0 is part of the national agenda and it should be stressed that the whole of Malaysia is watching the development, on the basis that it could the key catalyst for the development of Negeri Sembilan, and the country in general.
2019-09-19 11:00 | Report Abuse
2 ecrl stops in negeri sembilan, good for muiprop
Nilai second stop on ECRL route in Negri Sembilan
NATION
Thursday, 19 Sep 2019
By Sarban SingH
SEREMBAN: Several tunnels will be built along the East Coast Rail Link (ECRL) route running through Negri Sembilan with the project scheduled to start in the third quarter of next year, said Mentri Besar Datuk Seri Aminuddin Harun.
Nilai is also confirmed as the second ECRL stop in the state, he said.
“The state exco was briefed on this by officials from the Malaysia Rail Link Sdn Bhd. We were also told that the station, which will provide both passenger and freight services will be located near Nilai 3, ” he told reporters after chairing the state exco meeting at Wisma Negri yesterday.
Asked how many tunnels would be built along the route in the state, Aminuddin said there would be both short and long ones but he could not state the exact number.
The only other ECRL stop in the state would be built near Kuala Klawang in Jelebu.
During the state assembly sitting on Aug 27, Aminuddin said Nilai was still being considered as one of the stops for the route.
The proposal was raised during a meeting between the state government and Malaysia Rail Link Sdn Bhd (MRL) on Aug 8.
Aminuddin said the Nilai station would also be turned into a transportation hub.
Asked who owned the land where the proposed ECRL station in Nilai would be built, Aminuddin replied: “The government owns some of it and there are also individual and private owners.”
On a separate matter, Aminuddin said the Stadium Tunku Abdul Rahman (Star) in Paroi near here has been certified safe by the Public Works Department and the Fire and Rescue Department.
He was asked to respond to a statement by the Fire and Rescue Department’s fire safety division building safety certification section chief Zamri Che Din who claimed that 13 stadiums in the country have not been issued a code compliance certificate.
Zamri was quoted as saying that these facilities were over 20 years old and failed to comply with safety features including wiring, security exits and early fire prevention.
Read more at https://www.thestar.com.my/news/nation/2019/09/19/nilai-second-stop-on-ecrl-route-in-negri-sembilan#LwmboIGLX2JC3S8M.99
2019-09-18 16:51 | Report Abuse
Andrew is not an ordinary rich kid. Smart and hardworking too.. look at his qualifications haha
MUI PROPERTIES BERHAD
Date of change 26 Apr 2019
Name MR ANDREW KHOO BOO YEOW
Age 46
Gender Male
Nationality Australia
Type of change Redesignation
Previous Position Chief Executive Officer
New Position Executive Chairman
Directorate Executive
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Professional Qualification
Barrister-At-Law
Lincolns Inn, United Kingdom.
2
Masters
Master of Business Administration
Seattle Pacific University, United States of America.
3
Masters
Master of Arts
Cambridge University, United Kingdom.
4
Degree
Bachelor of Arts, Major in Political Science
University of Victoria, Canada.
5
Degree
Degree in Law
Cambridge University, United Kingdom.
6
Diploma
AHMA Hotel Diploma, Major in Sales & Marketing
London Hotel School, United Kingdom
2019-09-17 12:11 | Report Abuse
Malaysia population is aging fast, negeri sembilan is a good option for retirement, lower cost of living, less traffic congestion, nearer to kl, infrastructure is good, etc. So, muiprop project in NS is promising
2019-09-17 11:27 | Report Abuse
Buy muiprop to invest or support for new blood also
2019-09-17 11:26 | Report Abuse
Mui prop under Andrew, a Cambridge university, law graduate will have no corporate governance issue under VT for bjland
2019-09-17 11:13 | Report Abuse
Andrew at 46 will do something, new leader new pride etc
2019-09-13 12:13 | Report Abuse
Andrew buck up, prove to the whole world , u r much better than your dad ... Not his shadow haha
2019-09-13 11:02 | Report Abuse
Andrew will redeem Maruah, dividend, price rises, etc he wanted to prove that he is better than his dad haha
2019-09-13 09:39 | Report Abuse
Volume accelerated
Date Close Volume
12/09/2019 0.165 4,685,100
11/09/2019 0.17 3,411,800
10/09/2019 0.16 977,100
06/09/2019 0.165 3,642,100
05/09/2019 0.165 4,519,300
04/09/2019 0.17 6,802,300
03/09/2019 0.165 3,853,900
30/08/2019 0.18 5,347,000
29/08/2019 0.175 3,088,100
28/08/2019 0.175 4,979,800
27/08/2019 0.175 8,058,900
26/08/2019 0.19 5,736,200
23/08/2019 0.195 5,637,500
22/08/2019 0.195 4,010,100
21/08/2019 0.19 49,300
20/08/2019 0.19 2,442,500
19/08/2019 0.19 711,200
16/08/2019 0.195 330,000
2019-09-13 09:37 | Report Abuse
Good2know
Title
ECRL PASSING SEREMBAN: WHY MUI PROPERTY (3913) WILL GO UP BY 100% TO 200%, Calvin Tan Research
Muiprop, Muiind - Negeri sembilan ECRL, potential 100% gain
2019-09-13 09:13 | Report Abuse
Now, huge volume already queueing up to buy
Stock: [MUIPROP]: MUI PROPERTIES BHD
2019-10-02 14:50 | Report Abuse
While the biggest contributor to MUI is its hotel operations, followed by retail, the fastest growing and the one with the most profitable growth potential is its property business, says Andrew. “Going forward, we will put more focus on our property business.”
Apart from new launches at its Bandar Springhill township in Port Dickson, Negeri Sembilan, the group will also be launching a new project in Seremban town and in Kota Kinabalu, Sabah.
Building on a solid market
In Seremban town centre, MUI plans to build an integrated development with a gross development value (GDV) of RM410 million. It will comprise 865 serviced apartments and 68 shopoffices over two 32-storey blocks on a site of about four acres that was acquired in 2005. The apartments, which will include dual-key units, will have built-ups of 550 to 1,050 sq ft and prices will range from RM250,000 to RM480,000.
“This project is right in the middle of the town centre and very close to transport links. There has been a lot of interest in Seremban lately and we feel that it may be the right time to put in a landmark development,” says Andrew.
The group plans to launch the project as early as next year, depending on approvals from the authorities. “We envision it like a city square, so it will have lifestyle elements with the residential component on top of a town square complex, with retail spaces and a lot of greenery,” he adds.
“Once again, our approach is to bring in quality living at affordable prices. Our market is very clear — we are targeting domestic buyers and we want to make it accessible to the younger generation with dual income. For Seremban, we think the sweet spot is properties priced around RM300,000.
“With dual-key layouts, buyers will have the flexibility of living there and renting out a portion of the unit to help with the mortgage. We try and think of ways to make it affordable,” explains Andrew.
In Kota Kinabalu, MUI plans to launch a condominium project with a GDV of RM280 million next year. Comprising 700 units over two 32-storey blocks, the condos will have built-ups of 650 to 1,050 sq ft and will be priced from RM350,000 to RM630,000 each. “Again, we’re talking about affordable pricing,” Andrew remarks.
“I feel that [the affordable] segment of the market is much more stable and not subject to externalities. We are targeting the core market that has a need for housing, so it is a very bread-and-butter business.
“The only thing is that we have to be prepared for slightly lower margins and compete a bit more on volume. That’s why we have to make sure we are very sharp on our pricing and costs to deliver a product that is up to date, modern and that can sell well.
“It’s a very different business model. We are not going for large margins but safe and comfortable margins with attractive price points. I think in this type of market, even if there is a downturn and recession, there is always [demand]. I think it’s much safer that we build our property business based on this and branch out from here,” says Andrew.
New launches at Bandar Springhill
On Sept 28, MUI Properties Bhd’s 60%-owned subsidiary, West Synergy Sdn Bhd, will be launching Phase 1 of a residential development at the 2,000-acre freehold Bandar Springhill. Incorporated in 1965, MUI Properties is a 74.32%-owned subsidiary of the group.
Phase 1, named Amarilis, will comprise 73 two-storey terraced houses. Meanwhile, Phase 2 — named Viola & Celosia — will tentatively be launched in 2Q2020 and comprise 272 two-storey terraced houses.
With a total GDV of RM125 million, Phases 1 and 2 span a combined 14.38 acres. Unit built-ups will range from 1,782 to 1,982 sq ft, with prices starting from RM331,000.
The terraced houses will have a contemporary design and come with a double-volume dining area. The residential enclave will have a green open field with a community playground while in its surroundings within the township are amenities such as the 20-acre Lake Park, the UCSI International School Springhill and a mosque. The developer is offering two years of free security maintenance.
Just like MUI’s other businesses, its property business is being reinvigorated and seeing the results. “We are injecting lifestyle elements into Bandar Springhill and we are seeing a pick-up in take-ups and sales,” says Andrew.
The group launches 250 to 300 residential units each year, and sales have been well over the 80% mark, he continues. “It was much slower before. [Sales have improved] due to a mix of different factors such as the right price points, very well-designed homes, quality living with added amenities and facilities — our products are very sellable.
“The designs have become more contemporary with fully utilised built-ups, so no major renovation is needed. We are also offering better streetscapes and landscapes in a gated-and-guarded community.”
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