Mr. Chua Hee Boon was appointed to
the Board on 3 February 2023 as an
Executive Director, Finance.
Mr. Chua is a Chartered Accountant.
He is a member of the Malaysian
Institute of Accountants (“MIA”) as well
as a Fellow Member of the Association
of Chartered and Certified Accountant
(“ACCA”) and an Affiliate of the
Malaysian Institute of Chartered
Secretaries and Administrators
(“MAICSA”).
Mr. Chua has a combined experience
of more than 28 years in audit, tax,
corporate secretarial, corporate
finance & advisory, tax advisory,
business valuation and due diligence.
He was also once attached to a big
four audit firm, Deloitte, and has held
senior positions with a public listed
company.
His industry experience includes
property development, hotel,
manufacturing, retail, wholesaler,
investment holding, consumer &
industry services, printing, renovation,
construction and event organizer.
In 2003, Mr. Chua joined Tan Sri Lee
Kim Yew's private investment arm, to
lead the finance department. Then in
2008, he was transferred to the public
listed company, Country Heights
Holdings Berhad as Group Financial
Controller/Acting Chief Financial
Officer.
In 2009, Mr. Chua established a
consultancy company for the provision
of quality corporate finance & advisory
services, accounting, corporate
secretarial, tax advisory, business
valuation and project management.
He is the founder and owner of ART
Corporate Services Sdn. Bhd. and
ART Advisory & Consultancy Sdn.
Bhd.
Mr. Chua sits on the board of the
Mines Plentiful Gold-Class Bhd, Mines
Excellence Golf Resort Bhd, Country
Heights Property Development
Berhad, Mines Wellness Hotel Berhad
and Golden Horse Palace Berhad. He
has no directorship in other public
companies.
Mr. Chua does not have any conflict of
interest with the Company or any
family relationship with any Directors
and/or Major Shareholders of the
Company.
He has not been convicted for
offences within the past five (5) years
other than traffic offences, if any, and
have not been imposed any public
sanction or penalty by the relevant
regulatory bodies during the financial
year ended 31 December 2022.

Dato’ Mircle Yap Ching Chai was
appointed to the Board on 30 January
2023 as an Independent Non-Executive
Director and redesignated as Managing
Director on 3 April 2023.
Dato' Mircle Yap has held diverse
positions in multiple countries and
played crucial roles in numerous equity
fundraising, M&A, and IPO advisory
transactions across Asia, Europe, and
the United States. He has worked with
companies from various industries,
including construction materials
manufacturing, technology, water
concession, seafood manufacturing,
steel manufacturing, e-commerce,
dairy, and apparel, from 2004 to 2019.
Dato' Mircle Yap earned a Bachelor of
Business Administration (Dual) degree
in Strategic Operations Management
and Human Resource Management
from Georgia Southern University in the
United States in 1998. He also received
a Certificate of Management from the
New Zealand Institute of Management
in 2003.
He is affiliated with several professional
associations, including the Chartered
Management Institute, the European
Corporate Governance Institute, the
International Corporate Governance
Network, the Malaysia Alliance of
Corporate Directors, and the New
Zealand Institute of Management.
Dato' Mircle Yap has held various
positions since 2004, serving as a
Strategic Investment Advisor at Quarto
Capital LLC and Exalt Capital Group
Investment, Commissioner at PT Envy
Technologies TBK, Supervisory Board
Member at Valens Holding AG, and
Advisor at Zhuding International
Limited. He was also a Non-Executive
Director in several UK listed companies
from 2011 to 2017.
Dato' Mircle Yap was involved in a Dual
IPO Advisory and Equity Fundraising in
Central Europe and Europe. In 2020,
he successfully completed an equity
exit for a US-listed entity of an Asian
construction material manufacturing
company.
Apart from his professional career,
Dato’ Mircle Yap actively engages
in non-governmental organizations
(“NGOs”) and charitable organizations,
such as the Ti-Ratana Welfare Society
since 2009. In recognition of his
contributions, Dato’ Mircle Yap was
honored with The Esteemed Order of
the Crown of Pahang [Darjah Indera
Mahkota Pahang] in 2013 by the late
Sultan Ahmad Shah.
Dato’ Mircle Yap does not have any
conflict of interest with the Company
or any family relationship with any
Directors and/or Major Shareholders
of the Company. He has no
directorship in other public companies.
He has not been convicted of any
offences within the past five (5) years
other than traffic offences, if any, and
have not been imposed any public
sanction or penalty by the relevant
regulatory bodies during the financial
year ended 31 December 2022.

Admiral Tan Sri Dato’ Setia Mohd
Anwar Bin Hj. Mohd Nor (R), was
appointed as the Non-Independent
Non-Executive Chairman of Country
Heights Holdings Berhad on
3 February 2023.
Tan Sri Dato’ Setia Mohd Anwar
received his education at the Naval
Base Secondary School, Singapore
and the Officer Cadet School at the
Britannia Royal Naval College
Dartmouth, United Kingdom.
He graduated from the Naval Staff
College Rhode Island, USA Class 18
in 1981 and Joint Services Staff
College in Canberra, Australia in 1988.
He holds a Master’s Degree in
Engineering Business Management
from the University of Warwick, United
Kingdom and was conferred an
Honorary Doctorate of Doctor of
Management by the University
Malaysia Terengganu.
He served the Royal Malaysian Navy
for 38.5 years, commanded six (6)
ships and several Shore Bases. He
rose to the rank of Admiral and took
office as Chief of Navy in August 2003
and later became the first Naval
Officer to assume the post of the Chief
of Defence Force from April 2005 until
2007.
He was the President of the Malaysian
Hockey Federation and is currently the
President of the Malaysian Golf
Association (“MGA”). Tan Sri Dato’
Setia Mohd Anwar was also elected as
the President of the Ex-Serviceman
Association Malaysia (NGO) and
continues to be President of the
Retired Malaysian Navy Officers’
Association (“RMNOA”).
From 2014 to 2022, Tan Sri Dato’
Setia Mohd Anwar was the
Independent Non-Executive Chairman
of Titijaya Land Berhad. He was the
Non-Executive Chairman of Lembaga
Tabung Angkatan Tentera (Armed
Forces Fund Board), a position he
held since his retirement from the
Armed Forces in 2007 until May 2018.
He was also the President of the
Malaysian Medical Association
Foundation for six (6) years.
He is currently the Chairman of Mines
Resort and Golf Club appointed on
5 January 2023.
He served for one (1) term as Senator
from 2015 to 2018. Tan Sri Dato’ Setia
Mohd Anwar is also currently the Pro-
Chancellor of the National Defence
University of Malaysia. He does not
hold directorship in any other public
companies.
He does not have any conflict of
interest with the Company or any
family relationship with any Directors
and/or Major Shareholders of the
Company.
He has not been convicted for
offences within the past five (5) years
other than traffic offences, if any, and
have not been imposed any public
sanction or penalty by the relevant
regulatory bodies during the financial
year ended 31 December 2022.

Share class
Vote Quantity Free-Float Company-owned shares Total Float
Stock A
1
299,988,903
105,611,393 ( 35.21 %)
3,250,000 ( 1.083 %)
35.21 %

KUALA LUMPUR: The FBM KLCI is expected to consolidate above the 1,530 support level following Bank Negara's decision to keep the status quo on the overnight policy rate, said Apex Securities Research.

The research firm said the lower liners, which have been on the rebound, could extend their gains in small increments due to the improved market sentiment.

"Traders are taking this opportunity to nibble onto beaten down stocks," it said in a note.

By sector, Apex expects the technology sector to stage a recovery following the positive developments on the Nasdaq while rising gold and CPO prices might create some trading opportunities within the gold-related and plantation stocks.

Wall Street rebounded strongly overnight as investors were relieved by US Federal Reserve Jerome Powell's affirmation that interest rate cuts were likely to begin this year if inflation remained on a downward trajectory.

The S&P500 rallied 1% to a fresh record high of 5,157 while the Nasdaq climbed 1.5% to 16,273, less than two points off its own record set last week. The Dow Jones rose 0.3% to 38,791.

At 9am, the FBM KLCI was up 0.69 points to 1,536.92, with investors staying cautious below the 21-day simple moving average.

tunggu je berita lanjutan, ya!

**Country Heights Holdings Bhd (CHHB)** has entered into an exciting partnership with **JD.com**, China's leading e-commerce platform. The collaboration involves the formation of a new company called **JDMines Sdn Bhd**, which aims to penetrate the local e-commerce market in Malaysia. Here are the key details:

1. **Partnership Details**:
- CHHB has signed a licensing and collaboration agreement with JD.com's subsidiary, **Beijing Wodong Tianjun Information Technology Co Ltd**, to establish JDMines Sdn Bhd¹.
- CHHB will hold a **70% stake** in JDMines, while **Star Pulse Sdn Bhd** will hold the remaining **30%**. Star Pulse, as the technology expert, will collaborate with CHHB to implement and execute the new e-commerce platform in Malaysia¹.

2. **Business Model and Objectives**:
- JDMines aims to leverage CHHB's resources and JD.com's business model to enhance the local consumer experience.
- The company plans to construct its first physical store at the **Mines International Exhibition and Convention Centre** in Seri Kembangan, Selangor. This store will offer **100,000 sq ft of retail space**, providing consumers with a wide range of products¹.

3. **Strategic Importance**:
- CHHB's Managing Director, **Datuk Jared Lim**, emphasized that this collaboration is a crucial part of CHHB's transformation plan. By partnering with JD.com, they aim to bring technology and products into Malaysia, enhancing the omni-channel consumer experience¹.
- CHHB's founder and chairman, **Tan Sri Lee Kim Yew**, believes that this venture aligns with the company's overall transformation plan. Leveraging JD.com's assets will create significant value for CHHB, allowing them to extend their operations beyond their home state¹.

4. **About JD.com**:
- JD.com, headquartered in Beijing, is one of China's largest business-to-consumer platforms in terms of transaction volume and revenue. It is also a member of the Fortune Global 500.
- The company, founded in 1998 by **Liu Qiangdong**, initially started as a magneto-optical store and later diversified into selling electronics, mobile phones, computers, and other items¹.

This strategic partnership represents an exciting step forward for both CHHB and JD.com, as they aim to revolutionize e-commerce in Malaysia and enhance the digital shopping experience for consumers. 🛒🌟

most actively traded today? fingers crossed

terbang 24.5sen dah

LKY boleh mempelawa JD.com untuk menyapu 10% stake in chhb dari pasaran terbuka juga... hehe

jumlah syer tak banyak, market cap kecil jugak (greatly undervalued) nak terbang pun bukan masalah hehe

Share Issued=299.988m , Market Cap RM68.997m

JD.com bukan sebarangan hehe

JD.com
Chinese e-commerce company

jd.com
JD.com, Inc., also known as Jingdong, formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing. Wikipedia

Headquarters: Beijing
Founder(s): Liu Qiangdong
Founded: 1998
Employees: 310,000
Stock price: JD (NasdaqGS) $23.99 -0.92 (-3.69%)

Thu, Mar 7, 2024, 4:00PM EST

TUNGGU ARTIKEL LANJUTAN TENTANG PROJEK IT DENGAN JD.COM TERUTAMANYA PRIVATE PLACEMENT UNTUKNYA IF ANY... REVIVAL TIME KONONNYA

SEGALA INFRA DAH DIBUAT, DIGITAL INVESTMENT BANK PUN DAH SET UP, TUNGGU JD.COM TETAPKAN TARIKH PELAKSANAAN KINI .. PANDEMIK MENUNDAKAN TARIKH, DLL... POST-PANDEMIK, KEMBALI BANGKIT KINI

LKY SAPU BALIK SYER CHHB DAN JUALKAN SYER KPD GENGNYA ATAUPUN JD.COM MELALUI DIRECT DEAL , SUNGGUH BERBALOILAH... TERBIJAK

BELIAU DIJANGKA AKAN MEMBELI LAGI HEHE...

5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Intention to Deal During Closed Period
1. Details of Intention to Deal During Closed Period
Salutation : TAN SRI
Name : Tan Sri Lee Kim Tiong @ Lee Kim Yew
Designation : Others
Description of "Others" Designation : Group Advisor
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 77,766,389
% of Securities Held : 26.210
2. Details of Intention to Deal During Closed Period
Salutation : TAN SRI
Name : Tan Sri Lee Kim Tiong @ Lee Kim Yew
Designation : Others
Description of "Others" Designation : Group Advisor
Nature of Interest : Indirect Interest
Description of Securities : Ordinary Shares
No of Securities Held : 57,878,121
% of Securities Held : 19.500
Remarks : This announcement is made due to the intention to deal by companies
deemed interested by Tan Sri Lee Kim Yew.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

05/03/2024 07:00 AM


Ref Code: 202403053000264

hARI NI MILIK lky ... JOM TENGOK SELEPAS 9AM

Isu Akaun - beres, Isu pinjaman bank - beres, jumlah tunai RM11-12juta @ 31.12.2023, Jumlah kenaikan tunai RM1 - 2 juta bagi suku tahun ke 4, Retained earnings RM116juta++@31.12.2023 boleh buat share buyback jika tunai masuk nanti, nilai asset bersih sesaham RM2.09 @31.12.2023. Kerugian yg dilaporkan untuk suku tahun ke 4 semata-mata pelarasan buku (impairment loss) yg tak menjejaskan aliran tunai, sebaliknya jumlah tunai naik sebanyak RM1 - 2 juta menurut Akaun Aliran Tunai CHHB @31.12.2023.

Segalanya beres, tunggu harga syer memecut hari ni je hehe

2024-03-08 HARGA? hUAT? 30SEN & ABOVE .... LET'S SEE AFTER 9AM HEHE

2024-03-07 0.20 0.235 0.20 0.23 +0.025 (12.195%) 7,303,400
2024-03-06 0.23 0.23 0.20 0.205 -0.025 (10.869%) 9,233,300
2024-03-05 0.24 0.25 0.225 0.23 -0.02 (8.00%) 5,224,300
2024-03-04 0.26 0.26 0.23 0.25 -0.025 (9.09%) 3,422,900
2024-03-01 0.27 0.275 0.27 0.275 0.00 (0.00%) 109,000
2024-02-29 0.275 0.275 0.27 0.275 +0.005 (1.851%) 173,100
2024-02-28 0.28 0.29 0.27 0.27 -0.015 (5.263%) 844,200
2024-02-27 0.295 0.295 0.28 0.285 -0.015 (5.00%) 884,500
2024-02-26 0.30 0.30 0.30 0.30 0.00 (0.00%) 1,000
2024-02-23 0.30 0.305 0.30 0.30 0.00 (0.00%) 20,000
2024-02-22 0.305 0.305 0.30 0.30 0.00 (0.00%) 124,200
2024-02-21 0.00 0.00 0.00 0.30 0.00 (0.00%) 0
2024-02-20 0.30 0.30 0.30 0.30 -0.015 (4.761%) 70,000
2024-02-19 0.00 0.00 0.00 0.315 0.00 (0.00%) 0
2024-02-16 0.30 0.32 0.30 0.315 +0.015 (5.00%) 88,000
2024-02-15 0.30 0.30 0.295 0.30 0.00 (0.00%) 537,000
2024-02-14 0.305 0.305 0.30 0.30 -0.005 (1.639%) 657,200
2024-02-13 0.30 0.32 0.30 0.305 0.00 (0.00%) 656,500

ANOTHER BIG FIGHT FOR SHARE TODAY... HIDUP CHHB HEHE

Golden Horse Exchange
Golden Horse Exchange is a blockchain-based solution allows our investors to control and manage contractual engagements. The token issuance system incorporates smart contracts and automates document flow, reducing overheads for all parties involved.

It provides users with fast and safe transactions and data storage by realizing the concept of inclusive finance.

In addition, the newly introduced Instant Account in GH Exchange also allows new-to-bank clients to access modern digital investment banking services by opening their first trading account in a few minutes from anywhere.



Golden Horse Wallet
Golden Horse Wallet supports multiple blockchain tokens that allows our clients to control your own digital assets and personal data.

With the help of cryptographic public and private key wallet accounts, the GH multichain wallet is an easier, simpler hassle-free and seamless tool for multi accounts management.

Golden Horse Chain
In order to achieve the concept of financial inclusion, Golden Horse Chain offers users fast and secure transactions and data retention.

It is a token-based blockchain that can be built around to provide asset collateral certificates, e-contracts, digital transaction certificates, personal credit systems and more.



Digital Solutions
The Golden Horse mobile apps are being developed for our clients who are on the go and demand for round-the-clock access to investment account.

Our mobile apps are equipped with a wide array of practical tools to ease most of everyday tasks, such as investment account balance checking, money transfer to anyone, real-time trading, mobile accounts opening and many other great features. It is free to download, highly secured and easy to use.

https://ghi-bank.com/our-services/

Labuan IBFC
The Golden Horse Digital Investment Bank (GHDIB) was registered in Labuan International Business and Financial Centre (Labuan IBFC) on 28th November 2019 and its investment banking license by Labuan Financial Services Authority (Labuan FSA) on 25th March, 2021.

The Labuan IFBC offers a comprehensive mid-shore solution to strike the ideal balance between client confidentiality and compliance with international best standards and practices. It is well-supported by a robust, modern and internationally-recognised legal framework enforced by its regulator, Labuan Financial Services Authority (Labuan FSA).

Labuan IBFC boasts a wide range of business and investment structures facilitating cross-border transactions, business dealings and wealth management needs. These unique qualities offer sound options for regional businesses going global or global businesses looking at penetrating Asia’s burgeoning markets.

https://ghi-bank.com/about-us/

semoga JD.com akan memohon Private placement chhb & MENJADI PEMEGANG SYER UTAMA BARU untuk melaksanakan projek IT raksaksa DENGAN CHHB nanti/KELAK

#thesun.my › home_news › country-heights-jd-com-to-build-omniCountry Heights, JD.com to build omni channel business in M’sia
PETALING JAYA: Country Heights Holdings Bhd (CHHB) has entered into a licensing agreement and collaboration agreement with Beijing Wodong Tianjun Information Technology Co Ltd (JD.com)

Blockchain / Digital Investment pun dah set up :)

BLOCKCHAIN & FINANCE
COUNTRY HEIGHTS HOLDINGS BERHAD
Home
Core Business
Blockchain & Finance
Golden Horse Digital Investment Bank
Golden Horse Digital Investment Bank Ltd (“GHDIB”) is a groundbreaking, fully-licensed and regulated digital investment bank built to give people a fairer, smarter and more human alternative to the banks of the past.

It offers investment account alongside a range of lending products and digital asset exchange.

GHDIB also provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary and blockchain technology platform that it uses to power its own bank.

The Golden Horse Exchange (“GH Exchange”) also offers clients in-app access to a selection of digital asset exchange services which offering seamless users experience. Clients can also raise fund on our GH Exchange thru the STO platform.

Address:
Golden Horse Digital Investment Bank
Marketing Office
10th Floor, Block A,
The Mines Waterfront Business Park,
No. 3, Jalan Tasik, The Mines Wellness City,
43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia.

Labuan HQ
Rumah Labuan FSA, Lot 1, 2 & 3,
Jalan Golf Club, 87000 Labuan F.T., Malaysia.

kemenangan israel dan kemusnahan hamas arab semakin nyata.. hehe ... Bjfood to buy? :)

Global web icon
The Guardian
www.theguardian.com/world/2024/mar/07/...
Israel will resist pressure to halt Rafah attack, says Netanyahu
web5 hours ago · [But] this war will end ultimately with the total defeat of Hamas or its surrender,” Levy said.

Hamas kian musnah... berita terkini... bjfood akan pulih kot? hehe

Israel Vs Hamas | Hundreds Of Hamas, Islamic Jihad Fighters Surrender To IDF, Israel Says | N18V
YouTube59.4K views9 hours ago

CNN-News18

[20sen + 47sen] / 2 ~ 33.5sen, harga sasaran yg diramalkan haha

52 Weeks Range

0.20 - 0.47

Hari ni, pelabur2 akan berebut-rebut untuk membeli balik syer CHHB. Dijangka balik 30sen++ dalam beberapa hari. Semoga anda juga mendapat keuntungan kelak.

@Buayabuster

Lky sengaja announce tak lapor akaun akan suspend untuk takutkan pelabur dan jual saham balik kepadanya dengan harga murah- taktik yg banyak buaya operator guna untuk kutip balik saham yg dijual oleh mereka dengan harga tinggi sebelum ini

Tapi tapi, ada beberapa investor nampak tipu helah kroni madeykuttu ni dan rebut beli pada harga murah 20c

Lky teramat marah sebab memang dia tak boleh guna taktik tak submit akaun kerana namanya akan terjatuh ke longkang dan semua berita akan tersebar


Maka, begitulah tamat episod lky utk cuba nak kutip balik saham dan buat general offer jika dia mampu milik melebihi 90%

1 hour ago

balik 1sen, terendah 1/2 sen tak boleh jadi sifar sen hehe

Iranians support israel :)

"The message is, 'We are ready.' The Iranians are saying that they are ready for an Israeli attack that will crush the Ayatollah regime, and then the Iranian people will join and help bring down the regime. On my last trip to Israel, as the first Iranian to speak in the Knesset, I stated that the only way to achieve peace in the region is to eliminate the Islamic Republic. We have an army of 80 million Iranians who are thirsty for freedom and democracy. https://www.msn.com/en-us/news/world/we-are-ready-iranian-people-send-message-of-support-to-israel/ar-BB1judcz?ocid=msedgntp&pc=ACTS&cvid=a0cd6eb671f2435884cfa2203ca9ece2&ei=34

Price-To-Sales vs Industry: CHHB is good value based on its Price-To-Sales Ratio (1.3x) compared to the MY Real Estate industry average (1.6x).

Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CHHB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CHHB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0% per year.

Debt Level: CHHB's net debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: CHHB's debt to equity ratio has reduced from 25% to 15.4% over the past 5 years.

Key information
15.4%

Debt to equity ratio

RM108.91m

Debt

Interest coverage ratio n/a
Cash RM10.84m
Equity RM707.82m
Total liabilities RM496.12m
Total assets RM1.20b

Country Heights Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6

Country Heights Holdings Berhad has a total shareholder equity of MYR707.8M and total debt of MYR108.9M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are MYR1.2B and MYR496.1M respectively.

buy more tomorrow hehe

Share Price vs Fair Value
What is the Fair Price of CHHB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

39.8%
Undervalued
Current Price
RM0.23
Fair Value
RM0.38
20% Undervalued
About Right
20% Overvalued
Data
Learn

Below Fair Value: CHHB (MYR0.23) is trading below our estimate of fair value (MYR0.38)

Significantly Below Fair Value: CHHB is trading below fair value by more than 20%.

cukup licik :)

@ocbc

Yes, no more hope to collect it at low price now. Likely did on purpose to get retail investors to sell cheaply for TSL to collect at the lelong price. Relaxation of MM2H basically good for CHHB since they have the wellness centre for rich retirement people.

1 hour ag

Buy more ipo 70sen, now 60sen... Lower by 10%++

Kawan pun ada jual frozen roti canai, just buy and heat it up. Tak payah ma'am kat kedai mamak lagi jimat :)

KUALA LUMPUR: “I was about to enjoy my roti canai when I heard an explosion in the kitchen area of the shop,” said Muhaimin Ahmad, 39, one of the customers at a restaurant on Jalan Bangsar Utama here, which caught fire at 11.30am today....

Good news, more tourists to support its medical services, hotels, etc

https://taboolanews.com/summary-page/-7134669849550717372?utm_source=taboola&utm_medium=taboola_news&dc_data=2559449_samsung-carnival-malaysiaenglish&abv=tn_default_tn_top_aggs&rccv=default_fixed_traffic-1330131

Tycoon Tan Sri Vincent Tan said that the boycott of the local Starbucks coffee chain is “unnecessary”, as the US brand does not own any share in the Malaysian operations. Starbucks Corp, based and listed in the US, has no shares in the coffee chain’s operations in Malaysia, Tan stressed. Starbucks in Malaysia is operated by Berjaya Food Bhd (BFood), controlled by Berjaya Corp Bhd (BCorp), which in turn was founded by Tan. BFood, which relies on Starbucks for some 90% of its revenue, has lost some 25% of its market value on Bursa Malaysia since Israel ramped up its deadly strikes in Palestine, following the Hamas attack on Oct 7. — Berjaya’s Vincent Tan says Starbucks boycott unnecessary

Good4chhb :)

Australia previously allowed Chinese tourists to apply for the 10-year visa scheme as part of its effort to boost arrivals from the world's second largest population.

However, Australia is losing out as Chinese tourists have been flocking to Southeast Asian countries like Thailand and Malaysia thanks to visa-free policy, tourism insiders said.

www://e.vnexpress.net/news/travel/australia-grants-10-year-visa-for-tourists-from-southeast-asia-4719195.html

Malaysian bourse closes firmer on bargain-hunting after recent sell'off
KUALA LUMPUR: Bursa Malaysia closed higher today, supported by bargain-hunting activities that emerged following the recent sell-off.At 5pm, FTSE Bursa Malaysia (FBM) KLCI rose 4.32 points to 1,535.83 from 1,531.51 points on yesterday's closing bell. Turnover fell to 3.55 billion units worth ...
NST07 Mar, 2024 17:47pm - 23 minutes ago

Commentary on Prospects (Cont’d)
d) Property Division
The company believes that this integrated development will not only thrive but will also
emerge as a leading wellness destination in the ASEAN region.
Treatment, prevention, rejuvenation, and rehabilitation will be prioritised by the International
Medical & Wellness Hub. By incorporating these elements, CHHB hopes to provide a
comprehensive range of healthcare services that meet the diverse needs of individuals
seeking medical attention, preventive care, revitalization, or recovery. The Palace of the
Golden Horses, Business Park Towers 4 and 5, and the surrounding recreational land will
be transformed into holistic facilities that are specifically designed to meet the demands of
healthcare and wellness tourism. The project aims to attract both domestic and international
visitors, positioning itself as a premier destination for people looking for high-quality
healthcare services and wellness experiences.

Commentary on Prospects (Cont’d)
d) Property Division
(v) Repositioning of Mines Beach Resort
Mines Beach Resort, located in the heart of the city, stands out as a premier wellness
retreat destination dedicated to promoting health and tranquilly. This luxurious resort has
172 rooms, each with a tropical aesthetic and breath taking view of a tranquil 150-acre lake.
Mines Beach Resort creates a captivating ambiance by drawing inspiration from Nusantara
influences. Guests can enjoy an “Omakase” dining experience, in which the chef creates a
delectable meal comprised of dishes carefully chosen to provide an exceptional culinary
journey. This fusion of cultural elements and gastronomic delights adds a sense of vitality
and freshness.
(vi) Developing an International Medical & Wellness Hub
During the press conference, CHHB (the company) revealed its strategic plans to
restructure two of its divisions: Resort and Hospitality and GHHS Healthcare. The primary
goal of this restructuring is to create an International Medical & Wellness Hub, a ground
breaking 200-acre development. The Palace of the Golden Horses, Mines Waterfront
Business Park Tower 4 & 5, and an adjacent 12-acre recreational land property will be key
components of this development. The International Medical & Wellness Hub's primary focus
will be on healthcare services and medical tourism. CHHB intends to capitalise on rising
healthcare consciousness and awareness, especially in the post-COVID-19 pandemic era.

Commentary on Prospects (Cont’d)
d) Property Division
(iii) Pajam Industrial Hub
The Pajam Industrial Hub in Pajam, Negeri Sembilan, a dynamic development project with
an estimated GDV of RM60 million. This industrial property encompasses 60 freehold
industrial lots, catering to the needs of SMEs in sectors such as manufacturing and
warehousing. Its strategic location offers excellent accessibility to major highways and
proximity to KLIA, ensuring convenient transportation connections. What sets the Pajam
Industrial Hub apart is its commitment to sustainability, exemplified by the planned
construction of a solar-powered factory. This forward-thinking approach provides
businesses with energy-efficient solutions and significantly reduces their carbon footprint,
contributing to the industry's transition towards sustainable operations. With its combination
of prime location, business-friendly infrastructure, and environmental consciousness, the
Pajam Industrial Hub presents an attractive opportunity for SMEs seeking a conducive
ecosystem.
(iv)The Mines Beach Suite
The Mines Beach Suite, with an estimated GDV of RM600 million, will undoubtedly raise the
bar in terms of luxury and exclusivity. This enhancement is intended to give discriminating
homeowners with an extraordinary experience. The lakefront suites will have stunning views
and a tranquil environment, providing visitors with the ideal setting for a genuinely intimate
and immersive holiday. CHHB hopes that the introduction of The Mines lakeside suites will
broaden the range of experiences accessible, allowing residents to fully immerse
themselves in the serene surroundings of the lake. This fascinating construction is sure to
leave a lasting impression and solidify The Mines Beach Suite as a prime location for
homeowners seeking an unrivalled living experience.

Commentary on Prospects (Cont’d)
(d) Property Division
(i) Kolej Heights Utara, Jitra, Kedah
CHHB's unique approach to the property market continues to revolutionise the Malaysian
environment, as proven by the success of projects such as the Mines Bungalow. The Group
is now taking a new path, starting a project in Jitra, Kedah, adopting the 5S smart living
concept (Solar, Sport, Smart Living, Security, and Service). The development would span
40 acres of prime land and will include 387 terrace new double-storey residences and 64
semi-D houses, with an estimated Gross Development Value of more than RM200 million.
CHHB's commitment to adopting an ESG framework demonstrates their commitment to
sustainable and responsible practices, ensuring that the project is consistent with
environmental preservation, social well-being, and strong governance standards. This
fascinating project demonstrates CHHB's constant commitment to providing modern,
comfortable, and sustainable living spaces while having a good influence on the
environment.
(ii) Cyberlake Heights
CHHB is planning to create a ground-breaking development in Cyberjaya that would
redefine luxury residential living. This project, which spans an expansive 9-acre plot with an
estimated GDV of RM60 million, provides an amazing opportunity for prospective
homeowners. The building intends to redefine luxury by focusing on bungalow lots ranging
in size from 8,000 to 10,000 square feet. The incorporation of a select number of
outstanding residences, with massive sizes of over 20,000 square feet, carefully positioned
atop the hill to provide stunning views of the scenic Putrajaya Lake, distinguishes this
project. This one-of-a-kind vantage point provides homeowners with an unrivalled sense of
tranquility and exclusivity, making it a great choice for individuals seeking privacy and an
enhanced living experience.

Commentary on Prospects (Cont’d)
(b)Hospitality Division
 Palace of the Golden Horses was assigned as a quarantine hotel during the MCO and
has successfully completed this national service. However, the hotel's result together
with the forecast of the travel and MICE industry have been less than favourable.
Therefore, the group has decided to temporary suspend the hotel's operation and
upgrade before an eventual opening when the pandemic is moved under.
 Philea Mines Beach Resort renamed as Mines Beach Resort managed by new
management effective from 01 May 2022. Nestled midst the concrete jungle of Kuala
Lumpur, Mines Beach Resort is unexpected haven offering a full experience of
sophisticated style comfort, privacy and tranquility. Dubbed the only ‘beach in the city’,
it is also the perfect choice not only for health retreats or weekends getaways but also
for garden weddings, beach barbeques, family days, team-building events and
other leisure or corporate activities.
 Palace Vacation Club has established itself in the market as a prestigious timesharing
membership program that offers immense benefits and privileges in a form of exciting
vacations at more 4,000 beautiful resort destinations in over 100 countries worldwide.
This is made possible through its affiliation with Resort Condominium International
(RCI). On top of that Members also have access to our internal resorts affiliation
worldwide covering Malaysia, Thailand, Philippines, Indonesia, India, Australia, China
and Europe.
(c) Exhibition and Convention Division
 In an immediate response, the industry sees a surge in the logistic industry. Hence the
exhibition and convention division via MIECC has offered its 150,000 sq. ft. to be a
warehouse and distribution space.
 MIECC's predominant focus is on internal upgrades and improvements while also
building relationships with strategic partners for the eventual reopening of the industry

Commentary on Prospects
While the group maintain its vision on its four key ventures that has been detailed
previously, the impact of the Covid-19 pandemic has brought a change in the new norm in
all aspects of our businesses and workplaces.
As a result of the already challenging financial landscape and the effects of the pandemic,
the group suffered losses arising from cancelled and postponement of reservations and
events for the remaining year and this has forced some drastic changes in its ongoing
operations.
The group performance is expected to improve after implementation of the activities below:-
(a) Healthcare Division
GHHS Healthcare takes a holistic approach to healthcare, providing Western medical
treatment and clinical pathology services alongside traditional Chinese medicine. Our
Wellness & Rejuvenation centre services also feature heavily as part of our integrated
healthcare solution.
Our milestones since inception from Year 2000 till now:
 Over 40,000 members
 Licensed under KKM Ambulatory Care with 40,000 sqft medical center and TCM
Wellness & Golden Horses Clinic.
 12 in house doctors both western & eastern speciality.
 10 visiting specialist consultants for radiology, cardiology, endoscopy, ENT,
ophthalmology.
 Chinese medical center with 6 specialists.
 20,000 medical checkups done in year 2022.
 Over 400,000 imaging procedures.
 Diagnosed over 150,000 Health Abnormalities.
 TCM treatment of over 100,000 patients.
 Over 1 million medical diagnostic tests
 Over 10 million lab tests

harga syer akan naik balik... isu akaun dan hutang bank pun dah beres

aliran tunai dah improve, naik RM1 to 2mil

CASH AND CASH EQUIVALENTS AT END OF YEAR (RM'000) 11,488 10,038

retained earnings @31.12.2023 masih ada RM116juta++ boleh buat share buyback jika ada tunai masuk nanti :)