revival of this project hopefully

thesun.my › business › chhb-plans-rm250m-capex-for-omniCHHB plans RM250m capex for omni-channel business with JD.com -...
KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) intends to invest about RM250 million in capital expenditure (capex) in the next five years following its partnership with JD Worldwide’s wholly owned subsidiary, Beijing Wodong Tianjun Information Technology Co Ltd (JD.com), to develop an omni-channel business model in Malaysia.

www.bernama.com › en › businessCHHB PLANS RM250 MLN CAPEX FOR OMNI-CHANNEL BUSINESS WITH CHINA'S...
Apr 26, 2022 · CHHB, JD Worldwide, China, Omni Channel, E-commerc

maybe, now, post-pandemic, China's JD.com would become a shareholder of CHHB with current undervalued share price of CHHB.. revival of project with JD.com/ :)

www.nst.com.my › business › 2022/04/791990CHHB plans RM250 mil capex for omni-channel business with China's...
Apr 26, 2022 · Country Heights Holdings Bhd (CHHB) intends to invest about RM250 million in capital expenditure (capex) for the next five years following its partnership with JD Worldwide’s wholly-owned subsidiary, Beijing Wodong Tianjun Information Technology Co Ltd (JD.com) to develop an omni-channel business model in Malaysia.

themalaysianreserve.com › 2021/12/29 › chhb-partners-jd-comCHHB partners JD.com for venture in Malaysia - The Malaysian...
Dec 29, 2021 · COUNTRY Heights Holdings Bhd (CHHB) has signed a licensing and collaboration agreement with China’s leading e-commerce platform JD.com’s subsidiary, Beijing Wodong Tianjun

wow UP 1sen already

yesterday, 2-3 days' contra players closed positions; today, a strong rebound is expected.

Country Heights Holdings Berhad is a Malaysia-based conglomerate company that operates in various sectors, such as healthcare, property and lifestyle, hospitality and travel, exhibition and convention, tourism and membership, and blockchain and finance. Some of the reasons why this company has unlimited potential are:

- It has a diversified portfolio of businesses that cater to different segments of the market and offer value-added services to its customers.
- It has a strong track record of delivering quality projects and maintaining high standards of customer satisfaction. For example, it has won several awards for its excellence in healthcare, property development, hospitality management, event planning, and tourism promotion³.
- It has a strategic vision to leverage on the opportunities arising from the digital transformation and innovation in various industries. For example, it has invested in blockchain technology to enhance its operations and transactions.
#

The hotel and resorts industry in Malaysia is also expected to rebound in 2024, according to some sources. Some of the possible reasons are:

- The reopening of the borders to international visitors by Jan 1, 2024, which will revive the ailing tourism and hospitality sector⁴.
- The government's National Recovery Council's plan to provide financial assistance and incentives for the hotel industry, such as tax relief, loan moratorium, and rental subsidy³⁵.
- The introduction of new health and safety protocols and standards for the hotel industry, such as vaccination requirements, contact tracing, and sanitization³⁵.
- The promotion of domestic tourism and regional travel within Malaysia, which will increase the demand for hotel rooms and services³⁵.
- The innovation and adaptation of the hotel industry to meet the changing needs and preferences of customers, such as digitalization, personalization, sustainability, and wellness² .

These factors are likely to create a positive outlook for the hotel and resorts industry in Malaysia in 2024.

According to some sources, the property sector in Malaysia is expected to rebound in 2024 due to several factors, such as:

- The government's ongoing efforts to boost homeownership and positive developments in major infrastructure projects³⁴.
- The estimated 2024 gross domestic growth of 4.5 per cent and job recoveries³⁴.
- The integration of technology into property transactions, such as digital platforms, blockchain solutions and virtual property tours.
- The development of Big Data Analytics for housing as a data centre by the Ministry of Local Government Development (KPKT).

These factors are likely to create a favourable environment for property buyers and sellers, as well as developers and investors, in the Malaysian market.

While being mindful of Capital A's PN17 status, the research house said it continues to like Capital A for being a beneficiary of the recovery in air travel post-pandemic, its growing digital business, leveraging its strong AirAsia brand and AirAsia’s existing client base, as well as its dynamic and visionary leadership that should help steer it out of the current financial difficulty.

At the time of writing, Capital A shares were down 2.5 sen or 2.96% at 82 sen, with a market capitalisation of RM3.49 billion. Meanwhile, AAX was one sen or 0.51% higher at RM1.97, valuing the group at RM880.73 million.

“From the risk perspective, we are positive as we deem the disposals are necessary to uplift Capital A from its PN17 status or risk triggering a trading suspension,” said TA Securities in a note on Tuesday (Jan 9).

TA Securities noted that Capital A’s shareholders will continue to hold shares in the aviation segment via AAX as Capital A is expected to record a gain on dilution of interest in AAB and AAGL, as well as the deconsolidation of these two entities from Capital A as a result of the proposed disposals.

Capital A share = AAX shares + cash + nasdaq shares

Capital A on Monday announced that it will dispose of its aviation businesses, namely AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAGL), to AAX, with the consideration to be negotiated at a later date, in both cash and shares.

KUALA LUMPUR (Jan 9): Capital A Bhd's plan to sell its aviation business to its sister company AirAsia X Bhd (AAX) is seen as positive by analysts, despite a lack of details on the deal currently, as the disposal will pave the way for the group to exit its Practice Note (PN17) status.

an interesting story unfolds further anytime... just see your money grows

klse.i3investor.com › web › pricetargetCapital A - NASDAQ Listing of Unit at USD1b Value | I3investor
Nov 2, 2023 · Capital A - NASDAQ Listing of Unit at USD1b Value | I3investor Market Buzz Price Target Portfolio Member Services Capital A - NASDAQ Listing of Unit at USD1b Value Date: 2023-11-02 Firm: KENANGA Stock: CAPITALA Price Target: 0.84 Price Call: HOLD Last Price: 0.82 Upside/Downside: +0.02 (2.44%)

www.msn.com › en-my › moneyCapital A among top actives on Bursa on US$1 bil Nasdaq listing...
Nov 2, 2023 · Capital A said on Wednesday that it would instead unlock the value of the AirAsia brand by floating the brand management business on the Nasdaq, and expects a one-off gain from

waiting for the chase for the shares anytime... critics would be quiet later :)

www.thestar.com.my › business › business-newsCapital A to list on Nasdaq via SPAC deal | The Star
Nov 1, 2023 · KUALA LUMPUR: Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp (GMFI), a special purpose acquisition corporation (SPAC) listed on the Nasdaq in the United ...

www.thestar.com.my › business › business-newsInvestors back Capital A’s US$1bil Nasdaq listing plan ... - The...
Nov 2, 2023 · Investors back Capital A’s US$1bil Nasdaq listing plan, shares active on Bursa Malaysia Stock on the Move Thursday, 02 Nov 2023 10:37 AM MYT KUALA LUMPUR: Investors

direct deal transacted prices in 2023.
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
01/09/2023 00:00:00 0.9700 - 2.200m 2.200m 2.134m 2.134m 0.9700 0.0522 -
28/08/2023 00:00:00 1.0000 -0.0300 23.000m 23.000m 23.000m 23.000m 1.0000 0.5462 -
16/08/2023 00:00:00 1.0000 -0.0300 27.000m 27.000m 27.000m 27.000m 1.0000 0.6414 -
02/08/2023 00:00:00 0.8500 -0.0700 34.000m 34.600m 28.900m 29.452m 0.8512 0.8155 -
02/08/2023 00:00:00 0.9200 - 600,000 34.600m 552,000 29.452m 0.8512 0.0144 -
27/07/2023 00:00:00 0.7500 -0.0900 10.667m 10.667m 8.000m 8.000m 0.7500 0.2559 -
17/03/2023 00:00:00 0.7800 0.0050 -150 15,000 -117 11,700 0.7800 103.1999 Cancelled
17/03/2023 00:00:00 0.7800 0.0050 15,000 15,000 11,700 11,700 0.7800 0.0004 -
17/03/2023 00:00:00 0.7800 0.0050 150 15,000 117 11,700 0.7800 0.0000 -

https://www.thestar.com.my/business/business-news/2024/01/10/malaysia-records-rm21bil-in-foreign-portfolio-inflows

https://www.thestar.com.my/business/business-news/2024/01/10/malaysia-records-rm21bil-in-foreign-portfolio-inflows

https://www.sc.com.my/resources/media/media-release/sc-charges-former-director-ceo-for-over-rm119-mln-in-money-laundering

********************

https://www.sc.com.my/resources/media/media-release/sc-charges-former-director-ceo-for-over-rm119-mln-in-money-laundering

#################################

https://www.sc.com.my/resources/media/media-release/sc-charges-former-director-ceo-for-over-rm119-mln-in-money-laundering

tidak, started buying some, see the potential for revival, dll :)

@curiousq

you lose a lot in this stock?

11 minutes ago

SERI KEMBANGAN: Country Heights Holdings Bhd (CHHB) has lined up property projects with a combined gross development value (GDV) of RM920 million to drive its business in 2023.

Newly appointed managing director Datuk Mircle Yap said CHHB is building Mines Beach Suite which has a GDV of RM600 million, a RM200 million Jitra housing project in Kedah, housing development Cyberlake Heights and Pajam industrial hub in Negeri Sembilan, each having a GDV of RM60 million. All of them will be launched this year.

"We want to monetise all the assets we have. The CHHB brand has been in the market for over 39 years and we hope the new management can take the brand further. We have a lot of plans for the company," Yap told reporters after the company's annual general meeting today.

The company plans to build 387 double-storey and 64 semi-detached units on the 16.19-hectare (40-acre) Jitra land while 60 freehold industrial lots are being planned for the Pajam industrial hub.

The group will also expedite its international medical and wellness hub development and reposition the Mines Beach Resort into a premier retreat destination dedicated to promoting health.

GHHS Healthcare’s resort, hospitality and wellness divisions will be restructured to support the 80.94-hectare (200-acre) international medical and wellness hub development.

In addition to the Palace of the Golden Horses and Mines Waterfront Business Park Tower 4 and 5, an adjacent 4.9 hectares (12.10 acres) of recreational land will be set aside for the international medical and wellness hub.

YG MAU JUAL DAH JUAL HARI NI, ESOK NAIK BALIK HAHAHA

TUTUP PADA 75SEN & ABOVE? WAIT N SEE

MASA DAH SAMPAI... SHORTSELLERS TERPAKSA BELI BALIK DAN TUTUP POSISI

NAK TIME THE MARKET DENGAN SEMPURNA, MUSTAHIL... ACCUMULATE IN STAGES.

lky, JUMLAH SYERNYA MASIH 50%+++ KINI
No of Shares Held After Changes:
Direct : 77,766,389 shares (26.2070%)
Indirect/Deemed Interest : 71,157,931 shares (23.9800%)
Total : 148,924,320 shares
Remarks:
1. Total number of ordinary shares : 296,738,903 (excluding 3,250,000
treasury shares).2. Country Heights International Sdn. Bhd. (CHISB) is a major
shareholder of Country Heights Holdings Berhad and Tan Sri Lee Kim Tiong @ Lee
Kim Yew and Puan Sri Tan Bee Hong are major shareholders of CHISB.
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
Submitted By:

02/01/2024 07:00 AM

PERJANJIAN SULIT, DLL DIJANGKA DAH SIAP... PENGUMUMAN AKAN DIBUAT ANYTIME..

PERPINDAHAN SYER DENGAN HARGA MURAH KPD PIHAK TERTENTU.. I RASA CONFIRM IA AKAN TERBANG BILA2 MASA - DIRECT DEAL DAH BUAT

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
29/12/2023 00:00:00 0.2000 -0.1200 4.000m 13.280m 800,000 2.656m 0.2000 1.3334 -
29/12/2023 00:00:00 0.2000 -0.1200 5.530m 13.280m 1.106m 2.656m 0.2000 1.8433 -
29/12/2023 00:00:00 0.2000 -0.1200 2.000m 13.280m 400,000 2.656m 0.2000 0.6667 -
29/12/2023 00:00:00 0.2000 -0.1200 1.750m 13.280m 350,000 2.656m 0.2000 0.5834 -

bUAT DUIT YG TERBAIK DAN TERPANTAS :)
A pivotal moment in our journey this year has been the announcement of a corporate exercise between Capital A International and Aetherium, a US-based SPAC. The decision to list on a US exchange is a strategic move aimed at strengthening our financial foundations by introducing the company to the world’s largest capital market and enhancing our access to international liquidity. It is also to elevate the Group’s visibility and credibility on a global scale. It represents a commitment to our existing shareholders, offering them expanded growth opportunities and potential for increased shareholder value through global partnerships and strategic initiatives.

On the digital front, the newly appointed CEO of airasia MOVE Nadia Omer is implementing effective cost-cutting measures, particularly in removing non-strategic lines of business. The team is now focusing on expanding its hotel inventory and enhancing conversion rates to significantly strengthen our presence in the hospitality sector. Our fintech BigPay’s strategic initiatives to reduce operating costs and improve performance are yielding positive results, reflected in the narrowing of losses this quarter. Close collaborations with AirAsia and airasia MOVE are expected to further enhance sales in the upcoming quarters, along with its 2024 plans to expand its product offerings into new regional markets such as Indonesia, Thailand, and the Philippines.

On logistics, Teleport is strengthening its position in the cargo and e-commerce logistics sectors, particularly in the APAC and Intra-Asean regions, with the addition of its second freighter this past October. This expansion is indicative of Teleport’s ability to navigate

industry downturns and seizing growing market shares, by demonstrating operational agility and strategic foresight.

On the financial front, the aviation business has drawn down the third tranche of a loan from Bangkok Bank, with final disbursement expected by the end of this quarter. Additionally, a USD 200 million revenue bond is underway, specifically earmarked for the growth of our aviation business. In parallel, we are actively exploring financing options for both our Indonesian and Philippines operations from banks of the respective countries, including potential IPO issuance for AirAsia Philippines in the near term and further equity raising from AirAsia Indonesia. In the meantime, airasia MOVE is in the final phase of its due diligence for an investment by a private equity, and Teleport has recently secured their approved loan to enhance its working capital.

A pivotal moment in our journey this year has been the announcement of a corporate exercise between Capital A International and Aetherium, a US-based SPAC. The decision to list on a US exchange is a strategic move aimed at strengthening our financial foundations by introducing the company to the world’s largest capital market and enhancing our access to international liquidity. It is also to elevate the Group’s visibility and credibility on a global scale. It represents a commitment to our existing shareholders, offering them expanded growth opportunities and potential for increased shareholder value through global partnerships and strategic initiatives.

We are in the last stretch of finalising the PN17 regularisation plan, aiming for a full submission to Bursa Malaysia in the near future. This careful planning ensures that our restructuring reviews and discussions are thorough, and reflect our dedication to long-term stability and strategic adaptability. As we navigate this final quarter, our strategic initiatives across corporate, aviation, logistics, engineering, and digital ventures are aligned to propel the Group towards a future of sustainable growth, operational excellence, and financial strength. The Board anticipates a strong final quarter to conclude 2023 and remains confident that the Group will deliver its true performance in the year 2024.

Capital A (or “the Group”) has undergone significant transformation from an Asean airline to
a low-cost, high value aviation and travel services group in a strategic response to the
challenges of the pandemic. We have emerged from this period stronger and more diversified,
with our operations extending across five dynamic business verticals: Aviation, Aviation
Services (Asia Digital Engineering, Santan, Darts, and associate company Ground Team
Red), Logistics (Teleport), Digital Ventures (airasia MOVE, BigPay and airasia rides) and
Capital A International, to be incorporated and listed in the United States as an Asean’s
leading branding and lifestyle company.
In aviation, we have strategically revamped our airlines by focusing on cost control and
maximising revenue. Our goal is to bring 187 aircraft back into service by year-end, around
80% of our pre-pandemic levels, leveraging the high travel season and the newly established
visa-free travel between China and Malaysia starting December 1, 2023. As we approach the
final quarter, we are poised for a revenue upswing, exceeding pre-pandemic levels. This
optimistic outlook is grounded in robust travel demand during the peak season, allowing us to
command peak fares and boost ancillary income, expected to surge by 50% compared to
pre-COVID levels. This upturn in ancillary income is fueled by dynamic pricing initiatives
and the launch of innovative products such as ZoneUp and FastPass.

Santan posted a quarterly revenue of RM42.0 million, a 283% growth compared to the same period last year due to the launch of the inflight catering business. The surge in demand for inflight products was in line with the recovery of AirAsia flight frequencies and strong spending growth of passengers. Santan recorded 5 million units sold in 3Q2023, up by 86% YoY. Cafe and restaurant also observed an increase in revenue by 184% due to the increase of footfall and change of locations. Santan also achieved a positive EBITDA of RM10.2 million, an increase of 4532% YoY.

(i) airasia Superapp ( “airasia Move”)

airasia Move’s revenue for the quarter was RM171.4 million, a significant 68% increase YoY driven by the continued increase in domestic and international travel in most regions. airasia Move’s other operating expense for the quarter was RM85 million mainly due to higher marketing expense which was in line with the increase in revenue. EBITDA for the quarter was RM11.7 million, which makes it the sixth consecutive quarter in which airasia Move recorded positive EBITDA.

airasia Move’s Online Travel Agency (OTA) platform recorded an increase YoY 65% in transactions in light of the resurgence of travel demand as it continues to strengthen its position as one of Asean’s top OTAs.

In terms of Monthly Active Users (“MAU”), airasia Move achieved 15.4 million average MAU during the quarter, an increase of 61% YoY. This was primarily due to the continued increase in travel demand and increased user acquisition on the mobile app. Additionally, the number of transactions increased 65% YoY, which was driven primarily by increased transactions from Flights, airasia ride, and FlyBeyond.

(b) Asia Digital Engineering (ADE)


ADE reported a revenue of RM164.6 million for 3Q2023, an increase of 107% compared to the same period last year. ADE demonstrated continued strong growth, as a direct reflection of increased flight activity and the subsequently heightened demand for maintenance checks across the Aviation Group and other airlines that ADE services.
● Base maintenance: 58% increase in the number of checks completed in 3Q2023 compared to the corresponding period in the previous year.

RSI(14) Oversold 26.5
Stochastic(14) Oversold 7.1
Average Volume (3M) 14,969,000
Relative Volume 3.8

HOTEL DAN RESORTS SEGMEN KIAN PULIH. q4, 2023, MUNGKIN DAH UNTUNG... TUNGGU SAMPAI BULAN DEPAN

Resorts & Hospitality Division
The revenue for Resorts & Hospitality Division was RM3.3 million in the third quarter of 2023
compared to RM1.6 million for the third quarter of 2022. The increase in the Division
revenue was mainly contributed by the higher revenue from Mines Beach Resort of RM1.4
million and further additional revenue from Palace of Golden Horses of RM0.2 million for 3rd
International Alternative & Functional medical conference (‘MAAFIM”) at Palace of Golden
Horses ballroom from the period of 14 September 2023 to 15 September 2023. The
segment loss was recorded at RM0.4 million as compared to RM2.0 million for the same
quarter of 2022. . This was mainly due to consultancy fees of RM0.2 million paid starting
effective from October 2022.

SEGMEN BIZ BARU PUN DAH MENGHASILKAN PRESTASI YANG BAIK

Healthcare Division
The Division Revenue for the third quarter of 2023 was RM6.0 million as compared to
RM5.8 million in the same quarter of 2022. This was mainly due to the increase in Bioherb
Product revenue from RM0.4 million to RM1.6 million rise by 300%. The segment profit for
the third quarter of 2023 was recorded at RM1.0 million as compared to RM0.7 million for
the same quarter of 2022. This was mainly due to increased in Bioherb Product by RM1.2
million.

FREE FLOAT SYERNYA TAK BANYAK, BALIK rm1++ PUN AGAK SENANG ... ACCUMULATE SOME :)

jumlah syer chhb pun tAK BANYAK... BIZ HOTEL DAN RESORT KIAN PULIH DENGAN KEMASUKAN PARA PELANCONG, DLL

Bila retailers sedar tentang nilai usd1bil ipo cap A. Melambung he cali anytime , stay cool je lah

cash flow pun ok... sustainable, cuma bank loan khas tu perlu dijelaskan.. jual aset je. takda masalah

COUNTRY HEIGHTS HOLDINGS BERHAD [198401006901(119416-K)]
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTHS PERIOD ENDED 30 SEPTEMBER 2023
CURRENT YEAR
TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30-Sep-23 30-Sep-22
RM'000 RM'000
CASH FLOWS USED IN OPERATING ACTIVITIES
Loss before tax (13,531) (11,113)
Adjustments for:
Impairment losses on trade and other receivables 50 34
Amortisation of deferred income (885) -
Amortisation of rights-of-use assets 2,879 4,808
Bad debts written off 5 -
Depreciation of property, plant and equipment 3,334 3,703
Dividend income (100) (150)
Interest expense 7,674 9,218
Interest income (26) (16)
Inventories written off - 33
Gain on disposal of other property, plant and equipment (19) (32)
Bad debts recovered - (164)
Net unrealised (loss)/gain on foreign exchange 1,484 2,090
Operating loss before working capital changes 865 8,411
Changes in working capital:
Inventories 3,602 341
Receivables (1,514) (18,311)
Contract liabilities (1,637) (1,011)
Payables 658 (5,194)
Cash generated from/(used in) operations 1,974 (15,764)
Tax paid (441) (1,331)
Interest paid (693) (9,221)
Net cash generated used in operating activities 840 (26,316)

retained earnings RM200juta+++ akaun pun ok

EQUITY AND LIABILITIES
Capital and Reserves
Share capital 383,155 383,155
Treasury shares (3,470) (3,470)
Warrant reserves 58,777 58,777
Other reserves 65,423 66,733
Retained earnings 212,517 225,960
Equity attributable to equity holders of the Company 716,402 731,155
Non-controlling interests (8,583) (8,513)
Total equity 707,819 722,642

Maybank research buy call rm1.01

Berita lanjutan yg lebih lengkap akan do sideman anytime.

RM1+++, takda isu. Harga Sass ran Maybank research RM1.01

Aetherium Acquisition will ascribe to Capital A International for an indicative equity value of $1 billion alongside additional net cash proceeds.

USD1bil~RM4.7billion :)

Bagus

What is the minimum listing price for Nasdaq?
The NASDAQ National Market imposes minimum bid price, quantitative and other criteria in determining whether a company will be permitted to list its stock on the NASDAQ. Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00.

Financial engineering untuk maximise shareholders' wealth/value. Terindah

Cap A = fintech syer kat nasdaq + aax syer + tunai

Ia akan fly big, jual airlines, jadi fintech co untuk nasdaq