Posted by Victor Yong > 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

Posted by Victor Yong > 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.

Posted by Victor Yong > 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

Posted by Victor Yong > 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.

Posted by Victor Yong > 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.

Posted by Victor Yong > 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.

Posted by Victor Yong > 2019-09-26 19:32 | Report Abuse

UCSI, add university to its international school at Springhill? :)

Posted by Victor Yong > 2019-09-26 19:34 | Report Abuse

http://www.bandarspringhill.com/

Posted by Victor Yong > 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.”

Posted by Victor Yong > 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

Posted by Victor Yong > 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

Posted by Victor Yong > 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.

Posted by Victor Yong > 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/

Posted by Good123 > 2019-09-27 08:54 | Report Abuse

Medical tourism, retirement village, housing for students, etc at springhill, etc. Good potential indeed

Posted by Good123 > 2019-09-27 08:57 | Report Abuse

Also, muiprop was profitable from fye 2016, 2017, 2018, 2019, springhill project was proven successful... with new concepts, etc for the remaining 1000 acres, even more profits for the coming years

Posted by Good123 > 2019-09-27 08:58 | Report Abuse

Muiprop should restart paying dividend with its strong cash position and continuous profitability

Posted by Good123 > 2019-09-27 08:59 | Report Abuse

Either cash dividend or share dividend should be given.... par value 20sen, current price 17sen, greatly undervalued

Posted by Good123 > 2019-09-27 09:01 | Report Abuse

Net assets per share is about 37sen too. PE ratio about 7 only haha

Posted by Good123 > 2019-09-27 10:39 | Report Abuse

UCSI PROJECTS AT SPRINGHILL IS MORE THAN THE MARKET CAP OF MUIPROP , RM100MIL+ BASED ON CURRENT CHEAP PRICE

Posted by Good123 > 2019-09-27 11:01 | Report Abuse

https://www.awanireview.com/articles/2019/03/04/news/ucsis-peter-ng-dirty-devil-who-grew-up-to-become-education-angel-608/

Posted by Good123 > 2019-09-27 14:49 | Report Abuse

Ucsi group should acquire a stake in muiprop to have a seat in the board for it's big investment in springhill :)

UCSI Group is a leading Malaysian conglomerate that is synonymous with excellence. Today, the UCSI brand is active in six clusters: Education, Consultancy, Healthcare, Hotels and Travel, Properties, as well as Technology.

The UCSI brand was launched in 2003 when its education arm was recognised by the Malaysian Education Ministry as one of Malaysia’s foremost education providers. Regularly referred to as UCSI by the Malaysian media, the brand stuck and became the Group’s identity. The Group was originally christened Sedaya when it was established in 1986.

Posted by kmwong8711 > 2019-09-27 19:48 | Report Abuse

VICTOR YONG
Could you please let me know what is the historical high price is MUIPROP??
Thanks

Posted by Victor Yong > 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

Posted by kmwong8711 > 2019-09-28 17:41 | Report Abuse

Tqvm,,,, VICTOR YONG

Posted by Hawk Eye > 2019-09-30 10:53 | Report Abuse

gd move la as i expected....it will touch 0.19 la..?

Posted by mikeann > 2019-09-30 12:48 | Report Abuse

First resistance at 0.21.

Posted by dmksn > 2019-10-01 10:54 | Report Abuse

It's coming up, waiting more power volume injection.

Posted by Victor Yong > 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.”

https://www.klsescreener.com/v2/news/view/584044

Posted by Victor Yong > 2019-10-02 20:30 | Report Abuse

Very promising starting next year :)


A new lifestyle element in Bandar Springhill comes in the form of a clubhouse, with construction set to begin this year. To be ready by 2020, it will be open to all residents of the township and offer a badminton court, swimming pool, children’s pool, gymnasium, reading room, children’s playground and indoor games room, multipurpose hall and function room. Membership fees will tentatively start from RM100 a month.

Andrew believes that the lifestyle factor is what customers want these days. “Apart from the clubhouse, we are going to have lakeside walking and cycling trails, children play zones as well as petrol stations, fast food outlets, restaurants, banks and ATMs. Bandar Springhill will be a complete community and township development.”

Located towards the south of Seremban, Bandar Springhill has a total GDV of RM4 billion to RM5 billion. About 50% completed, the township has about 1,000 acres left to be developed, which translates into a GDV of RM3.5 billion to RM4 billion.

“We want to focus on affordable homes that are in the proximity of Kuala Lumpur and are still quality homes. People today want to see value. We want to make sure that we get the fundamentals and the design features right and build around that. Once we do all that, we will start to strengthen our marketing,” says Andrew.

He adds that Negeri Sembilan is a growth corridor that is only 45 minutes away from Kuala Lumpur International Airport. “The whole area has a lot of growth potential and the state reportedly has the most number of affordable homes compared with Melaka, Johor, Penang and KL.”

Posted by Victor Yong > 2019-10-02 20:32 | Report Abuse

At least, Back to 25-30sen next year :)

Posted by Victor Yong > 2019-10-02 22:41 | Report Abuse

macam ini, sure up very soon...

direct biz transaction today :) 19sen


History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
02/10/2019 00:00:00 0.1900 0.0200 10.500m 10.500m 1.995m 1.995m 0.1900 1.3742 -

Posted by Victor Yong > 2019-10-03 06:51 | Report Abuse

Good4muiprop. Many lands and projects in NS. :)

SEREMBAN (Oct 2): Singapore has asked the Negeri Sembilan (NS) State Government to set up a tourism and trade office in the republic, said Datuk Seri Aminuddin Harun.

He said the matter was raised during a closed-door meeting with Singapore Foreign Minister Dr Vivian Balakrishnan, here yesterday.

"We welcome the offer, but we need a thorough study to see if it really brings benefits, we will take up the opportunity. This matter needs to be explored," he told a press conference after chairing the State Executive Council meeting here today.

Commenting on the earlier meeting, he said besides the offer from Singapore, the State Government also discussed investments in Negeri Sembilan, especially under the Malaysia Vision Valley 2.0 (MVV 2.0) project.

“They (Singapore) wanted to know what was available under the MVV 2.0 and if there were enough local manpower, or if they needed to import foreign workers if they opened a factory in the State.

"The Singapore Government had invited the State Government to the island for a briefing with its investors on the MVV project. They view the MVV as a project with great potential to be ‘sold’ to Singaporean investors. If there is a free industrial area in the state, I believe it will also attract more investors to come to our country,” he said.

State Investment, Industrial, Entrepreneurship, Education and Human Capital Committee chairman, Dr Mohamad Rafie Ab Malek, said Aminuddin was asked to organise a reciprocal visit.

Meanwhile, he said, the State Government will also hold a tourism campaign aimed at Singaporeans in the republic, as there were many interesting places for tourists in Negeri Sembilan.

Posted by Victor Yong > 2019-10-03 07:01 | Report Abuse

A lot of projects in NS :)

KUALA LUMPUR (Oct 2): VSolar Group Bhd’s unit has signed a Memorandum of Understanding with Mattan Engineering Sdn Bhd to conduct a feasibility study for the development of a solar energy generation facility in Seremban.

This comes after the unit, Solar Interactive Sdn Bhd, inked an agreement with Permaju Industries Bhd’s wholly-owned subsidiary. Genbayu Gemilang Sdn Bhd last month to develop the facility.

In a filing today, VSolar said the facility will be developed on a parcel of land, measuring 121.4 ha, that belongs to Genbayu Gemilang.

Solar Interactive, which is in the business of providing renewable energy solutions, is responsible for providing a business plan, business strategy and roadmap prior to the development of the facility.

Mattan is a consultant and systems integrator with experience in designing and managing multi-disciplinary renewable energy projects, and has experience in designing and provision of engineering, procurement, construction and commissioning (EPCC) solutions.

According to the filing, Mattan will be appointed as the exclusive EPCC contractor for the construction of the facility, if Solar Interactive or Genbayu is successful in its bid to secure a large-scale solar programme under the Malaysian Energy Commission.

Shares in ACE Market-listed VSolar closed unchanged today at 7.5 sen, bringing it a market capitalisation of RM28.96 million.

Posted by Victor Yong > 2019-10-03 08:23 | Report Abuse

Good to go introduce a thriving community of restaurants, bars and cafes, as well as a cinema, hair and beauty salon, theatre and spin studio.

Posted by Victor Yong > 2019-10-03 08:57 | Report Abuse

Free float about 20%, possible for privatisation with strategic partner and relist later :)

Posted by Victor Yong > 2019-10-03 16:06 | Report Abuse

Steady.. tak jatuh :)

Posted by Lee1045 > 2019-10-03 18:40 | Report Abuse

Anytime can rebound....

Posted by dmksn > 2019-10-03 19:08 | Report Abuse

Muiprop is still under consolidate mode, what is left now is volume / positive announcement.

Posted by Victor Yong > 2019-10-04 09:34 | Report Abuse

1.5% of total shares traded. will fly anytime.//// continuous off-market transactions at 19sen :)
off-market transactions at 19sen on 2 oct, 3 oct... time to buy from the open market concurrently :)

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
03/10/2019 00:00:00 0.1900 0.0200 518,700 1.466m 98,553 278,559 0.1900 0.0679 -
03/10/2019 00:00:00 0.1900 0.0200 947,400 1.466m 180,006 278,559 0.1900 0.1240 -
02/10/2019 00:00:00 0.1900 0.0200 10.500m 10.500m 1.995m 1.995m 0.1900 1.3742 -

Posted by Victor Yong > 2019-10-04 09:38 | Report Abuse

1sen div per share is possible :)

Market Cap: 130 Million
NOSH: 764 Million

Say, pay 1sen per share, dividend=RM7.64mil. Div yield = 1/17 x 100 ~5.9%....

for the financial period ended 30.6.2019, profit for the period=RM22mil+

Posted by Victor Yong > 2019-10-04 09:42 | Report Abuse

Market cap now ~RM130mil, 20% free float ~ RM26mil, easy for privatisation by mui industries or strategic partner... more to come, expected :)

Posted by Victor Yong > 2019-10-04 17:12 | Report Abuse

Good, park the money here , hovering 16.5-17sen, just wait for acceleration :)

Posted by Good123 > 2019-10-04 20:59 | Report Abuse

Safe to park at this stock .. steady ...

Posted by Victor Yong > 2019-10-07 09:49 | Report Abuse

Just declare a bit dividend , becoming a dividend stock again to redeem past glory, share price will fly high again , ,:)

Posted by Victor Yong > 2019-10-07 11:17 | Report Abuse

Super stock of the year, look at the growth in profitability on a quarterly... :)


Thursday, 29 Aug 2019

6:33PM MUIPROP Financial year end net profit 22.688 million (increased 253.23%)


Thursday, 30 May 2019

6:29PM MUIPROP Nine-month net profit 11.020 million (increased 139.98%)


Tuesday, 12 Feb 2019

7:16PM MUIPROP 1H net profit 8.669 million (increased 573.06%)


Wednesday, 21 Nov 2018

6:28PM MUIPROP 1Q net profit 5.013 million (increased 942.20%)

Posted by Victor Yong > 2019-10-07 11:48 | Report Abuse

direct biz transaction at 19sen.... steadily moving up

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
03/10/2019 00:00:00 0.1900 0.0200 518,700 1.466m 98,553 278,559 0.1900 0.0679 -
03/10/2019 00:00:00 0.1900 0.0200 947,400 1.466m 180,006 278,559 0.1900 0.1240 -
02/10/2019 00:00:00 0.1900 0.0200 10.500m 10.500m 1.995m 1.995m 0.1900 1.3742 -
17/09/2019 00:00:00 0.1500 -0.0150 2.099m 11.447m 314,865 1.717m 0.1500 0.2747 -

Posted by Victor Yong > 2019-10-07 11:55 | Report Abuse

The other 40% of Bandar Springhill is owned by Chin Teck Plantations Bhd, through its stake in West Synergy Sdn Bhd. chin teck plantation can privatise it in conjunction with mui industries. chin teck has already possessed 40% of bandar springhill project :)

Located towards the south of Seremban, Bandar Springhill has a total GDV of RM4 billion to RM5 billion. About 50% completed, the township has about 1,000 acres left to be developed, which translates into a GDV of RM3.5 billion to RM4 billion.

Posted by Victor Yong > 2019-10-07 11:57 | Report Abuse

chin teck plantatation bhd is cash rich and conservative, can use the excess cash to increase its stake in bandar springhill.... good for its shareholders too

Posted by Victor Yong > 2019-10-07 16:21 | Report Abuse

low cost housing is still exempted in 2020 :)


For first-time home-buyers purchasing residential properties priced up to RM500,000, the government will exempt stamp duty up to RM300,000 on sale and purchase agreements, as well as loan agreements for a period of two years until December 2020.


Budget 2019 focuses house ownership for B40 group – Zuraida



05 Nov 2018

zuraida
MOHD SAFWAN MANSOR / Bernama


3 November, KUALA LUMPUR – The proposed incentives such as the exemption of the Real Property Gains Tax for low cost, low-medium cost and affordable housing with prices below RM200,000 as contained in Budget 2019 can help stabilise current market, said Housing and Local Government Minister Zuraida Kamaruddin.

She said the budget focused on house ownership for the B40 group.

Budget 2019 is a holistic development plan that is targeted to address problems facing Malaysia is facing, she said in a statement.


Finance Minister Lim Guan Eng, when tabling Budget 2019 in Parliament yesterday, among others, said that a fund amounting to RM1 billion would be established by Bank Negara Malaysia to help those in the lower income group earning not more than RM2,300 per month to own a house for the first-time.

The fund will be made available from Jan 1, 2019 at participating financial institutions for purchase of affordable homes priced up to RM150,000.

For first-time home-buyers purchasing residential properties priced up to RM500,000, the government will exempt stamp duty up to RM300,000 on sale and purchase agreements, as well as loan agreements for a period of two years until December 2020.

Posted by Victor Yong > 2019-10-07 18:31 | Report Abuse

On the way up

MUIPROP (3913): MUI PROPERTIES BHD - Overview | I3investor


MUI PROPERTIES BHD
Last Price Today's Change
0.175 +0.01 (6.06%)
.
Date Close Volume
04/10/2019 0.165 116,200
03/10/2019 0.17 98,100
02/10/2019 0.17 830,100
01/10/2019 0.17 150,000
30/09/2019 0.17 520,800
27/09/2019 0.165 152,900
26/09/2019 0.17 97,000
25/09/2019 0.165 1,119,900
24/09/2019 0.165 1,383,700
23/09/2019 0.175 664,400
20/09/2019 0.16 359,000
19/09/2019 0.165 2,817,300
18/09/2019 0.17 2,152,300
17/09/2019 0.17 199,200
13/09/2019 0.165 83,800
12/09/2019 0.165 4,685,100
11/09/2019 0.17 3,411,800
10/09/2019 0.16 977,100