Malaysia's tourism industry is expected to surpass pre-pandemic levels for international tourist arrivals in 2024. Tourism arrivals in 2024 are expected to be higher than the 26.1 million foreign visitors seen in 2019.
Domestic tourism is also expected to grow in 2024. Affin Group expects 4.5% GDP growth for Malaysia in 2024.
The World Tourism Organization (UNWTO) predicts that local gastronomy, nature, wellness, and rural tourism experiences will be popular travel trends in 2024.

Lee Kim Yew Net Worth: How Much Is Lee Kim Yew Worth? – Lee Kim Yew is a well-known Malaysian entrepreneur, businessman, and philanthropist who has made significant contributions to the country’s property development sector.

Born on August 19, 1955, Lee Kim Yew began his journey in the industry in 1985 when he founded Country Heights Holdings Berhad. His pioneering vision for country-living concept in property development has since transformed the landscape of Malaysia.

As the founder and chairman of Country Heights Holdings Berhad, Lee has spearheaded many notable projects that have made a significant impact in the industry. One such project is the Palace of the Golden Horses, an iconic hotel that has won numerous awards and accolades. Lee’s leadership has also led to the establishment of The Mines and GHHS Healthcare, which are landmarks in their own right.

Lee Kim Yew (born 19 August 1955) is a Malaysian entrepreneur, businessman and philanthropist. He was the founder and chairman of Country Heights Holdings Berhad[1] and was among the first to venture into property development with country-living concept. Under Country Heights Holdings Berhad, he established various projects such as the Palace of the Golden Horses, The Mines and GHHS Healthcare.

Yang Berbahagia Tan Sri
Lee Kim Yew

Born
19 August 1955 (age 68)
Johor, Malaysia
Occupation
Entrepreneur
Businessman Investor

Philanthropist
Years active
1955 - present
Known for
The Mines Resort & Golf Club
Country Heights Holdings Berhad

Palace of The Golden Horses Golden Touch Investment Bank

L1 Bank
Title
Advisor of Country Heights Holdings Berhad
Founder of the World Chinese Economic Forum Patron and Founder of The Global Chinese Economic &Technology Summit Patron of the Malaysia Entrepreneurs' Development Association

Patron of Malaysia Association for Advancement of Functional and Interdisciplinary Medicine
Spouse
Puan Sri Tan Bee Hong
Website
https://leekimyew.com
In early 2023, the Shah Alam High Court declared him to be bankrupt.[2] Subsequently, he stepped down [3] as the chairman of Country Heights Holdings Berhad, and has since become an advisor for the group.[4]

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.

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/or shares.

The deal, which is part of the group’s consolidation plan, would involve Capital A divesting all of its short-haul airline businesses in Malaysia, Thailand, Indonesia, and the Philippines to AAX, which currently operates only mid-haul flights.

“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.


“Thereby [it] is expected to improve the shareholders’ equity of the group in its effort to regularise its financial conditions,” it said.

The research house maintained Capital A’s earnings projections and financial standing, pending the signing of a definite agreement and negotiations on the disposal considerations.

“We advise investors to stay out of Capital A’s restructuring exercise until more clarity on the AAX share entitlement [emerges], which would depend on the price-fixing of new AAX consideration shares and the final disposal considerations,” it added.

The definite agreement is subject to shareholders approving the proposed disposals and other corporate exercises, such as a potential distribution-in-specie of part of the consideration shares to Capital A's shareholders, among others, said TA Securities.


Capital A may experience potential earnings leakage from airline biz sale
Meanwhile, Kenanga Research, which also maintained its forecast on Capital A, said the disposal is expected to result in greater clarity of investment between Capital A — being the aviation services and digital businesses provider — and AAX, a pure aviation business consolidating both long- and short-haul routes under the AirAsia brand name.

“This would result in the development of a more focused shareholder base, which is also expected to facilitate a business-centric valuation of the separate entities and potentially unlock value for shareholders. Once the sale is completed, Capital A will focus on four businesses, namely Teleport, Santan, BigPay, and Asia Digital Engineering Sdn Bhd," it said.

However, Kenanga opined that there could be potential earnings leakage or losses to Capital A from revenue and profit contributions following the sale of its airline business to AAX.


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.

Read also:
AirAsia-AAX merger to involve Thai ops, Tony to meet Thai PM on Wednesday to address airline foreign ownership cap

Chhb must monetise or sell off some assets like wanda china

LKY will do the same, fingers crossed :)

China
Dalian Wanda Group, has sold its luxury hotel in Shanghai to Indonesian billionaire Sukanto Tanoto as it looks to avert a liquidity crisis. The acquisition price was undisclosed, however, according to the market sources, the deal price of the transaction was between RMB 1.4-1.7bn ($204-234mn).6 days ago
https://bondblox.com › news › dalia...
Dalian Wanda Sells Shanghai Luxury Hotel to Boost Liquidity - BondbloX

Capital A said the disposal of its airline business to AAX was aimed at enhancing operational efficiency and better cater to the overall market demands.

PETALING JAYA: Capital A Bhd’s move to dispose of its airline business to sister company AirAsia X Bhd (AAX) is seen as a positive development to help the former uplift itself from its Practice Note 17 status, or risk triggering a trading suspension.

However, TA Research is not turning positive on Capital A yet as the market awaits more details on the deal.

The research house, which maintained its “sell” call on the company with a target price of 85 sen, advised investors to “stay out” of Capital A’s restructuring exercise until they have clarity on the AAX share entitlement, which would depend on the price fixing of new AAX consideration shares and the final disposal considerations.

TA Research said Capital A’s shareholders are expected to continue to hold shares in the aviation segment via AAX.

According to the company announcement, Capital A is expected to record a gain on dilution of interest in AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAAGL), as well as deconsolidation of AAB and AAAGL from Capital A as a result of the proposed disposals.

The market did not perceive the exercise in a positive light, judging from the 2.96% decline in Capital A’s share price to 82 sen, while AAX fell 1.02% to RM1.94 at the close of the first trading session.

Capital A announced yesterday that the disposal of its airline business to AAX was aimed at enhancing operational efficiency and better cater to the overall market demands.

Chief executive officer Tan Sri Tony Fernandes said the move was part of a comprehensive consolidation plan to transfer all short-haul businesses in Malaysia, Thailand, Indonesia, the Philippines and Cambodia to its mid-haul budget carrier AAX.

The disposal consideration is expected to be satisfied by a combination of cash and issuance of new shares of AAX. A detailed announcement on the proposed disposal will be made upon the signing of a definitive agreement.

Meanwhile, Kenanga Research, which has a “market perform” call on Capital A, has maintained its earnings forecast with a target price of 84 sen for the group.

“Essentially, the exercise is expected to result in greater clarity of investment between Capital A, being the aviation services and digital businesses provider; and AAX, a pure aviation business consolidating both long and short-haul routes under the AirAsia brand name.

This would result in the development of a more focused shareholder base, which is also expected to facilitate a business-centric valuation of the separate entities and potentially unlock value to shareholders.

“Once the sale is completed, Capital A will focus on four businesses, namely, Teleport, Santan, BigPay and Asia Digital Engineering Sdn Bhd,” the research house said.

In November 2023, Capital A proposed the listing of a unit, which is the licensee of the AirAsia brand, via a special-purpose acquisition company on Nasdaq at US$1bil (RM4.77bil) valuation.

Kenanga Research said based on its financial year 2024 net profit of RM250mil for Capital A’s airlines business and applying low-cost carriers’ peer one-year forward price earnings ratio of between seven times and 14 times, the indicative valuation works out to between RM1.8bil and RM3.5bil.

Based on an indicative valuation of RM3.5bil, its sum-of-parts target price is expected to be raised by 28% from 84 sen per share to RM1.08 per share. The research house said there could be potential earnings leakages or losses to the group from revenue and profit contribution following the sale of its airlines business to AAX.

Save Print Back

5099 CAPITALA CAPITAL A BERHAD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
CAPITAL A BERHAD ("CAPITAL A" OR THE "COMPANY")LETTER OF OFFER FOR THE PROPOSED
DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN AIRASIA BERHAD, A
WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("AAB) ("PROPOSED AAB DISPOSAL") AND ITS
100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED ("AAAGL"), A
WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED AAAGL DISPOSAL") TO AIRASIA X
BERHAD ("AAX") ("LETTER OF OFFER")
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

08/01/2024 07:00 AM


Ref Code: 202401083000035

Capital A Bhd, the largest low-cost carrier in Asia, is also expected to post its first full-year profit since the pandemic started. For the nine months ended Sept 30, 2023, it recorded a net profit of RM996.55 million compared with a net loss of RM2.74 billion a year earlier.

The budget carrier recently proposed the listing of a unit, which is the licensee of the AirAsia brand, via a special purpose acquisition company (SPAC), on Nasdaq in the US at a US$1 billion (RM4.77 billion) valuation. Capital A has entered into a letter of intent with Aetherium Acquisition Corp (GMFI) for the proposed business merger. In a Nov 2 report, Kenanga Research said it is positive on this corporate development by Capital A, which will form part of the proposed regularisation plan to lift the carrier out of the PN17 status. Both parties intend to complete the negotiation three months from the execution of the letter of intent.

Risk vs return, timing to go in? :)

ESG 2.0: commendable long term targets
During the COVID-19 pandemic, it is understandable that CAPITALA was preoccupied with surviving. Yet, our read of its FY22A sustainability report was refreshing. There is room to improve especially on its net promoter score and female representation on its BOD but we note that CAPITALA has set ambitious ESG related targets (see page 4) which exhibits its commitment to ESG initiatives. CAPITALA scores marginally above-average in our proprietary scoring methodology with an overall score of 59/100.

Hartanah ada harga , sesuatu yg nyata unlike crypto, tiada elektrik, apa pun takda :)

Chhb ada real estate bukan crypto haha

Baru2 ni, ada jutawan indon beli asset china developer kat china... Apa2 pun boleh berlaku... Isu hanya satu, harga jualan

Banyak developers kat china juga jual asset untuk menurunkan total hutang.

Dulu ada pihak kata sultan brunei mau beli resorts chhb punya resort kat seri kembangan.

Nta ~rm2.39 sesaham. Belum revalued lagi.

Pasti ada jalan, Lubang keluar

Cap A punya directors kena fair pasal harga jualan airlines biz cap A kpd AAx. Masuk jel jika ada fraud.

Jadi, fair price akan muncul kelak... Tawaran harga dari AAX dalam masa terdekat

Buy cap A gets Aax shares pulak... Interesting proposal:) study well

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD

Particulars of substantial Securities Holder
Name TAN SRI LEE KIM TIONG @ LEE KIM YEW
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 29 Dec 2023
13,279,810
Disposed Indirect Interest
Name of registered holder Affin Hwang Nominees (Tempatan) Sdn. Bhd.- HDM Capital Sdn Bhd for Country Heights International S/B
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of ordinary shares by Country Heights International Sdn. Bhd. via direct business transaction.
Nature of interest Direct and Indirect Interest
Direct (units) 77,766,389
Direct (%) 26.207
Indirect/deemed interest (units) 57,878,121
Indirect/deemed interest (%) 19.505
Total no of securities after change 135,644,510
Date of notice 02 Jan 2024
Date notice received by Listed Issuer 02 Jan 2024


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.

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 02 Jan 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-02012024-00059

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD

Particulars of substantial Securities Holder
Name PUAN SRI TAN BEE HONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 29 Dec 2023
13,279,810
Disposed Indirect Interest
Name of registered holder Affin Hwang Nominees (Tempatan) Sdn. Bhd.- HDM Capital Sdn Bhd for Country Heights International S/B
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of ordinary shares by Country Heights International Sdn. Bhd. via direct business transaction.
Nature of interest Direct and Indirect Interest
Direct (units) 1,000,000
Direct (%) 0.337
Indirect/deemed interest (units) 134,644,510
Indirect/deemed interest (%) 45.375
Total no of securities after change 135,644,510
Date of notice 02 Jan 2024
Date notice received by Listed Issuer 02 Jan 2024


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

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 02 Jan 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-02012024-00056

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD

Particulars of substantial Securities Holder
Name TAN SRI LEE KIM TIONG @ LEE KIM YEW
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 28 Dec 2023
2,500,000
Disposed Indirect Interest
Name of registered holder Affin Hwang Nominees (Tempatan) Sdn. Bhd.- HDM Capital Sdn Bhd for Country Heights International S/B
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of ordinary shares by Country Heights International Sdn. Bhd. via direct business transaction
Nature of interest Direct and Indirect Interest
Direct (units) 77,766,389
Direct (%) 26.207
Indirect/deemed interest (units) 71,157,931
Indirect/deemed interest (%) 23.98
Total no of securities after change 148,924,320
Date of notice 02 Jan 2024
Date notice received by Listed Issuer 02 Jan 2024


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.

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 02 Jan 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-02012024-00049

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD

Particulars of substantial Securities Holder
Name PUAN SRI TAN BEE HONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 28 Dec 2023
2,500,000
Disposed Indirect Interest
Name of registered holder Affin Hwang Nominees (Tempatan) Sdn. Bhd.- HDM Capital Sdn Bhd for Country Heights International S/B
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of ordinary shares by Country Heights International Sdn. Bhd. via direct business transaction.
Nature of interest Direct and Indirect Interest
Direct (units) 1,000,000
Direct (%) 0.337
Indirect/deemed interest (units) 147,924,320
Indirect/deemed interest (%) 49.85
Total no of securities after change 148,924,320
Date of notice 02 Jan 2024
Date notice received by Listed Issuer 02 Jan 2024


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.

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 02 Jan 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-02012024-00017

Preparing for new investors to join, etc.

Notice of Person Ceasing (Section 139 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD
Particulars of Substantial Securities Holder
Name COUNTRY HEIGHTS INTERNATIONAL SDN. BHD.
Address 10th Floor, Block A, The Mines Waterfront Business Park,
No. 3, Jalan Tasik, The Mines Resort City,
Seri Kembangan
43300 Selangor
Malaysia.
Company No. 199201005154 (236658-D)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Name of registered holder Affin Hwang Nominees (Tempatan) Sdn. Bhd.- HDM Capital Sdn Bhd for Country Heights International S/B
Address of registered holder No. 1 , Lintang Pekan Baru, Off Jalan Meru, 41050 Klang, Selangor
Date of cessation 29 Dec 2023
No of securities disposed 13,279,810
Circumstances by reason of which a person ceases to be a substantial shareholder Disposal of shares via direct business transaction.
Nature of interest Direct Interest

Date of notice 02 Jan 2024
Date notice received by Listed Issuer 02 Jan 2024


Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 02 Jan 2024
Category Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016
Reference Number CS3-02012024-00001

Nilai asset sesaham~rm2.39... Beli kini macam harga besi buruk

Chhb dijangka akan naik jika pembeli asset dah muktamad

Lky sedang jualkan Sebahagian syernya kpd pelabur baru. Pelsbur baru dijangka akan membeli aset drp chhb.

Lee kim yew sangat p@kai dah... tunggu penyelamat kini je.... karma besar hahaha dulu bersubahat dengan mamakthir kan?

Tuesday, 2 Jan 2024
7:00PM
CHHB LEE KIM TIONG @ LEE KIM YEW (2,500,000 units Disposed)
7:00PM
CHHB TAN BEE HONG (2,500,000 units Disposed)
7:00PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (13,279,810 units Disposed)
7:00PM
CHHB LEE KIM TIONG @ LEE KIM YEW (13,279,810 units Disposed)
7:00PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (2,500,000 units Disposed)
7:00PM
CHHB TAN BEE HONG (13,279,810 units Disposed)
Thursday, 28 Dec 2023
6:11PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (4,500,000 units Disposed)
6:11PM
CHHB LEE KIM TIONG @ LEE KIM YEW (4,500,000 units Disposed)
6:11PM
CHHB TAN BEE HONG (4,500,000 units Disposed)
Tuesday, 26 Dec 2023
5:43PM
CHHB LEE KIM TIONG @ LEE KIM YEW (100,000 units Disposed)
5:43PM
CHHB TAN BEE HONG (100,000 units Disposed)
5:43PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (100,000 units Disposed)
Friday, 22 Dec 2023
5:25PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (14,500,000 units Disposed)


Tuesday, 2 Jan 2024
7:00PM
CHHB LEE KIM TIONG @ LEE KIM YEW (2,500,000 units Disposed)
7:00PM
CHHB TAN BEE HONG (2,500,000 units Disposed)
7:00PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (13,279,810 units Disposed)
7:00PM
CHHB LEE KIM TIONG @ LEE KIM YEW (13,279,810 units Disposed)
7:00PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (2,500,000 units Disposed)
7:00PM
CHHB TAN BEE HONG (13,279,810 units Disposed)
Thursday, 28 Dec 2023
6:11PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (4,500,000 units Disposed)
6:11PM
CHHB LEE KIM TIONG @ LEE KIM YEW (4,500,000 units Disposed)
6:11PM
CHHB TAN BEE HONG (4,500,000 units Disposed)
Tuesday, 26 Dec 2023
5:43PM
CHHB LEE KIM TIONG @ LEE KIM YEW (100,000 units Disposed)
5:43PM
CHHB TAN BEE HONG (100,000 units Disposed)
5:43PM
CHHB COUNTRY HEIGHTS INTERNATIONAL SDN. BHD. (100,000 units Disposed)
Friday, 22 Dec 2023
5:25PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (14,500,000 units Disposed)

https://www.thestar.com.my/business/business-news/2024/01/08/trading-volume-soars-as-foreign-investors-flock-to-bursa-equities

#

https://www.thestar.com.my/business/business-news/2024/01/08/trading-volume-soars-as-foreign-investors-flock-to-bursa-equities

Chhb needs to sell assets lik this, https://www.nst.com.my/business/corporate/2024/01/997349/amanahraya-reit-completes-rm145mil-sale-holiday-villa-resort

Murray Hunter is giving away his e-book *"Malaysia's Deep Corruption: the Malaysian Deep State"*.

According to James Chin, "You should be very fearful after reading this".

https://pdfhost.io/v/u9tJdkqCS_Malaysia_Deep_Corruption_Murray_Hunter

:)

Murray Hunter is giving away his e-book *"Malaysia's Deep Corruption: the Malaysian Deep State"*.

According to James Chin, "You should be very fearful after reading this".

https://pdfhost.io/v/u9tJdkqCS_Malaysia_Deep_Corruption_Murray_Hunter

PETALING JAYA: Prospects are bright for the property sector in the first half of 2024 (1H24), with key thematic catalysts set to propel growth.

Maybank Investment Bank Research (Maybank IB) said the Johor-Singapore Special Economic Zone (JSSEZ), Bayan Lepas light rail transit alignment, and the potential revival of the high-speed rail (HSR) project linking Kuala Lumpur to Singapore are set to drive market dynamics.

https://www.nst.com.my/property/2024/01/998531/property-sales-grow-between-10-15-cent-2024

kena cari pembeli untuk asetnya.. :)

ASSETS
Non-current assets
Property, plant and equipment 9 16,089 18,471
Right-of-use-assets 9 532,809 535,619
Investment properties 9 259,930 259,930
Inventories 23 127,933 127,835
Other investments 2,337 2,337
Trade receivables-non-current portion 7,607 2,241
Deferred tax assets 196 196
946,901 946,629
Current assets
Inventories 23 211,933 215,633
Trade and other receivables 33,595 37,501
Contract assets 44 44
Tax recoverable 629 633
Cash and bank balances 10,835 10,038
257,036 263,849

new ceo, kena buat kerja dengan kuat... tunggu balik rm2++ kejap nanti

a dark horse... maybe, ada revival... tourists kembali, resorts boleh hidup semula

Harga semasa macam harga jualan lelong... Grab je, lebih murah drp harga besi buruk

Jika pos dapat dijualkan, terus naik probably RM3-4 pun tak mustahil

Nta~rm4, harga semasa~ 1/3.. Grab untuk capital gain anytime

Net assets per share attributable to ordinary equity holders of the parent ($$)
3.9100

untung pun ada... terindah

Thursday, 23 Nov 2023
5:16PM
DRBHCOM MEMORANDUM OF UNDERSTANDING
5:14PM
DRBHCOM Nine-month net profit 353.903 million

banyak projek OTW.... terbaik



1619 DRBHCOM DRB-HICOM BHD
MEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING
DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY")UPDATE ON THE STATUS OF MEMORANDUM
OF UNDERSTANDING ("MOU") ENTERED INTO BETWEEN PROTON GLOBAL SERVICES SDN. BHD.
("PGS") AND SOLAROO SYSTEMS SDN. BHD. ("SOLAROO")
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

23/11/2023 07:00 AM


Ref Code: 202311233000198

buy some, undervalued
1619 DRBHCOM DRB-HICOM BHD
OTHERS
OTHERS
JOINT VENTURE AGREEMENT BETWEEN DRB-HICOM BERHAD AND ZHEJIANG GEELY HOLDING
GROUP CO., LTD. TO JOINTLY DEVELOP AUTOMOTIVE HIGH-TECH VALLEY IN TANJONG
MALIM, PERAK
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

11/12/2023 07:00 AM


Ref Code: 202312113000084

Huatlah, naik bersama dengan bjcorp

Sultan johor/agung baru 2024, biz partner VT. Just accumulate while it is undervalued.

Boleh labur & simpan. Uptrend dah bermula. VT perlu fine tune sedikit je dah boleh fly dengan laju, RM1+ pun takda isu. Nilai aset bersih per syer rm1.06 @30/9/23

Cukup bagi dividen syer :)


Save Print Back

3395 BJCORP BERJAYA CORPORATION BHD
Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016
Date of Buy Back : 26/12/2023 to 29/12/2023
No. of Shares Purchased : 13,718,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.285
Maximum Price Paid For Each Share Purchased : RM 0.290
Total Amount Paid For Shares Purchased : RM 3,958,540.19
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 13,718,000 shares
Total No. of Shares Retained in Treasury : 451,287,527 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 03/01/2024
Lodged By : Tham Lai Heng Michelle
Remarks:
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03/01/2024 07:00 AM


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#BHbisnes Bermula dengan kedai pertama di KL Plaza pada 17 Disember 1998, ia kini mempunyai 400 cawangan dan lebih 5,000 pekerja di seluruh negara.



https://www.bharian.com.my/bisnes/korporat/2024/01/1195543/starbucks-rai-ulang-tahun-ke-25-beroperasi-di-malaysia

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https://www.nst.com.my/news/nation/2024/01/997393/malaysia-china-tourism-takes-shanghai-and-china-eastern-airlines-boost

“Moving into 2024, we expect much of the sector tailwinds enjoyed in 2023 to diminish,” said HLIB Research.

PETALING JAYA: Property sales will likely remain resilient in 2024, albeit at a moderate pace with launches by developers seen normalising.

The sector had a good year in 2023 as developers scaled up their launches as supply conditions improved.

On Bursa Malaysia, the Kuala Lumpur Property Index recorded an impressive return of 34.5% versus the FBM KLCI’s loss of 2.7%.

Hong Leong Investment Bank (HLIB) Research said all property stocks under its coverage recorded good positive returns in 2023, indicating a sector-wide rerating.

“Also notable is that stocks such as Sunway Bhd, OSK Holdings Bhd and Matrix Concepts Holdings Bhd achieved their all-time high stock price during 2023,” it added in a report.

The research house said the sharp rerating of the sector observed in 2023 was due to a correction of an earlier sector mispricing, plus a recovery boosted by transient factors.

“In 2022, despite the sector demand recovery post-economic reopening, the property index declined 8.9%, continuing its downtrend since 2014.

“This created a mismatch where demand and earnings were recovering but stock prices nonetheless continued to slip.”

It said the property sector enjoyed a “triple boost” in 2023 from stronger earnings due to accelerated billings, higher sales with more new products in the primary market and higher launches as supply conditions improved.

“Nonetheless, all of these three factors were not a reflection of a fundamental change in underlying demand dynamics.

“Moving into 2024, we expect much of the sector tailwinds enjoyed in 2023 to diminish,” said HLIB Research.

Firstly, it said the accelerated billings seen in 2023, which was a result of developers catching up on progress to avoid liquidated ascertained damages payment, should dissipate and normalise in 2024.

“Secondly, the higher sales in 2023, in our view, were partly due to some buyers shifting from secondary to primary market as more new products were available in the latter.

“We do not think property demand has changed much in 2023, given that the domestic economy has only seen moderate growth in gross domestic product (GDP).”

The research firm said the moderate growth is expected to continue in 2024 with a projected 4% to 5% GDP growth, based on Bank Negara’s estimate (HLIB Research forecast: 4.8%).

“As developers had scaled up launches significantly in the domestic market in 2023, these products will take some time for the market to absorb.

“As such, developers are unlikely to raise their launches significantly in 2024 and we think sales will also see a similar pace of moderate growth in 2024.”

HLIB Research is maintaining a “neutral” rating on the sector having previously downgraded it from “overweight” in last December.

“Despite an overall ‘neutral’ view on the sector, we nonetheless identified several names under our coverage that have the potential to ‘outperform’. Our top picks are Sunway, OSK, Sime Darby Property Bhd and IOI Properties Group Bhd.”