COUNTRY HEIGHTS HOLDINGS BHD

KLSE (MYR): CHHB (5738)

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Last Price

0.295

Today's Change

0.00 (0.00%)

Day's Change

0.295 - 0.295

Trading Volume

303,100


4 people like this.

1,848 comment(s). Last comment by alienbiru 1 month ago

Good123

25,087 posts

Posted by Good123 > 2024-01-11 09:59 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 09:59 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:00 | Report Abuse

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

curiousq

849 posts

Posted by curiousq > 2024-01-11 10:00 | Report Abuse

Lee kim tiong should sell all the asset at 50% and give back the remain 1.00 to shareholders

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:00 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:13 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:14 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:15 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:16 | Report Abuse

Chhb ada real estate bukan crypto haha

Good123

25,087 posts

Posted by Good123 > 2024-01-11 10:17 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 11:43 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 11:46 | Report Abuse

Chhb must monetise or sell off some assets like wanda china

Good123

25,087 posts

Posted by Good123 > 2024-01-11 11:54 | Report Abuse

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]

Good123

25,087 posts

Posted by Good123 > 2024-01-11 11:56 | Report Abuse

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.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 12:01 | Report Abuse

After a long and illustrious career, Lee recently decided to step down as the chairman of Country Heights Holdings Berhad in 2023. However, he remains involved in the group as an advisor, sharing his wealth of experience and expertise with the company.

Over the years, Lee has worked on various sites around the world, including North Borneo, Mauritius, Johannesburg, and London. Some of his earliest work includes turning an abandoned rubber estate into residences with quality landscaping and transforming an open-cast mining land into the Mines Wellness City, a premier wellness destination in Malaysia.

Lee’s commitment to quality and innovation is reflected in his other notable projects, such as the Borneo Highlands Resort and the Hornbill Golf & Jungle Club in Sarawak. In 2008, the latter won the coveted CNBC Award for Best Golf Development Malaysia, a testament to Lee’s vision and leadership.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 12:01 | Report Abuse

In conclusion, Lee Kim Yew is a remarkable individual who has left an indelible mark on Malaysia’s property development industry. His entrepreneurial spirit, business acumen, and philanthropic endeavors have made him a role model for many aspiring entrepreneurs and business leaders.

Lee Kim Yew Net Worth: How Much Is Lee Kim Yew Worth?
According to Forbes’ 2019 list of Malaysia’s 50 Richest, Lee Kim Yew had a net worth of US$170 million, making him the 38th richest person in Malaysia at that time.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 12:02 | Report Abuse

It’s important to note that net worth can fluctuate depending on various factors such as market conditions, changes in business ventures, and personal investments. Therefore, his current net worth may be different from what was reported in 2019.

Lee’s success in the property development industry and his entrepreneurial ventures are widely acknowledged. He has played a significant role in shaping the industry and his visionary approach to business has earned him numerous accolades and awards. Despite his financial success, Lee has also been actively involved in philanthropy, supporting various causes and initiatives in Malaysia.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 12:14 | Report Abuse

Country Heights Holdings Berhad (CHHB) is a Malaysian company that operates in various segments, such as property development, property investment, hospitality, and health⁴. Some of the properties that CHHB owns or has acquired are:

- **Mines Beach Suite**: A luxury beachfront resort in Kuantan, Pahang, with 1,000 units and a gross development value (GDV) of RM600 million³.
- **Jitra Housing Project**: A residential project in Jitra, Kedah, with 2,000 units and a GDV of RM200 million³.
- **Cyberlake Heights**: A mixed-use development in Cyberjaya, Selangor, with residential, commercial, retail, and hotel components and a GDV of RM60 million³.
- **Pajam Industrial Hub**: A logistics park in Pajam, Negeri Sembilan, with 1.5 million square feet of land and a GDV of RM60 million³.
- **Castlepark Sdn Bhd**: A parcel of land in Kajang, Selangor, measuring 2.82 acres and valued at RM21 million⁵.
- **Mines Resort Sdn Bhd**: A portion of a leasehold land in Petaling Jaya, Selangor, measuring 4.325 acres and valued at RM73 million⁵.

These are some of the properties that CHHB has listed on its website² or has announced to acquire recently. You can also visit their official website¹ for more information about their core business segments and other projects. I hope this helps you. 😊

Good123

25,087 posts

Posted by Good123 > 2024-01-11 12:32 | Report Abuse


KUALA LUMPUR: Country Heights Holdings Bhd has appointed Ricky Yip Chun Man as its new acting managing director from Dec 1, 2023.

The announcement follows the recent stepping down of Datuk Mircle Yap Ching Chai from the position of managing director, and his appointment as a non-independent non-executive director of the group, said the company in a statement.

Yip had been serving as deputy managing director for the group, and he was the executive director of Palace of the Golden Horses.

He is currently the managing director of GHHS Healthcare, GHHS Chinese Medicine Centre, and GHHS Wellness & Spa.

"My focus will be on leveraging our strengths in the real-estate sector while embracing digital transformation to ensure we remain at the forefront of the industry.

"I am committed to upholding our motto ‘Ever Searching for a Better Living’ and to driving CHHB towards achieving new milestones in the years to come,” said Yip.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 13:22 | Report Abuse


Tan said the southern region of Malaysia holds significant promise for real estate growth in 2024.

KUALA LUMPUR: The property sector may be on its way to a meaningful recovery after a decade of being in the doldrums, says a property valuer.

CBRE | WTW group managing director Tan Ka Leong said a recovery is supported by increasing foreign interest and with the overhang situation set to further improve.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 15:45 | Report Abuse

Net asset per share rm2.37, pb value 0.5, syer price at least rm1.18, tunggu pengumuman jualan asset bagi pinjaman, habis cerita.takda masalah

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:06 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:07 | Report Abuse

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)

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:10 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:11 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:16 | Report Abuse

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.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:19 | Report Abuse

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.

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:38 | Report Abuse

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 -

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:39 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:40 | Report Abuse

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

curiousq

849 posts

Posted by curiousq > 2024-01-11 16:44 | Report Abuse

you lose a lot in this stock?

Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:55 | Report Abuse

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.



Good123

25,087 posts

Posted by Good123 > 2024-01-11 16:57 | Report Abuse

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

@curiousq

you lose a lot in this stock?

11 minutes ago

Good123

25,087 posts

Posted by Good123 > 2024-01-12 08:52 | Report Abuse

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.

Good123

25,087 posts

Posted by Good123 > 2024-01-12 08:57 | Report Abuse

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.

Good123

25,087 posts

Posted by Good123 > 2024-01-12 09:03 | Report Abuse

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.
#

Good123

25,087 posts

Posted by Good123 > 2024-01-12 09:28 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-12 09:30 | Report Abuse

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

Good123

25,087 posts

Posted by Good123 > 2024-01-12 09:53 | Report Abuse

more news on JD.com with CHHB would create a sudden surge... just wait for further annoucement

JD.com is the largest online retailer in China and one of the largest in the world. In 2021, the company had revenue of 149.325 billion USD, which is more than Amazon's revenue in China (estimated at 47 billion USD) and less than Amazon's global revenue (470 billion USD).

Good123

25,087 posts

Posted by Good123 > 2024-01-12 09:56 | Report Abuse

CHHB & JD.com! Waiting for further annoucement since 2022 due the pandemic.


Customer base: JD.com has over 580 million active customers, which is larger than Amazon's global customer base of 400 million.

Fulfillment infrastructure: JD.com has one of the largest fulfillment infrastructures of any e-commerce company in the world. As of September 30, 2023, JD Logistics operated over 1,600 warehouses with an aggregate gross floor area of over 32 million square meters. This is roughly the size of 4,500 football fields.

JD.com warehouse

Employees: JD.com has over 400,000 employees, which is more than Amazon's 350,000 employees.

Market share: JD.com has a dominant market share in the Chinese online retail market, with a share of about 20%. Amazon, in contrast, has a much smaller share of the Chinese market.

Overall, JD.com is a very large and successful company. It is the largest online retailer in China and one of the largest in the world. The company has a large customer base, a vast fulfillment infrastructure, and a large workforce. JD.com is well-positioned to continue to grow in the future.

Good123

25,087 posts

Posted by Good123 > 2024-01-12 10:05 | Report Abuse

3 pemangkin bagi syer CHHB:

1. JD.com update
2. Pembeli aset dah muncul bagi CHHB
3. Kemunculan pemegang syer CHHB baru yang berwibawa

All the best, guys!!!!!!!!!!!$$$$$$$$$$$$$$$$$$

Good123

25,087 posts

Posted by Good123 > 2024-01-12 10:56 | Report Abuse

Net asset per share ~RM2.40, just monetise it... Shareholders will be laughing to the bank.. Current p/b value ~0.1, dirt cheap Hahaha

Good123

25,087 posts

Posted by Good123 > 2024-01-12 11:04 | Report Abuse

MR CHUA HEE BOON 18-Aug-2023 Acquired 160,000 -
MR CHUA HEE BOON 17-Aug-2023 Acquired 110,000 -
MR CHUA HEE BOON 09-May-2023 Acquired 127,500 -
MR CHUA HEE BOON 08-May-2023 Acquired 150,000 -
MR CHUA HEE BOON 10-Apr-2023 Acquired 100,000 -
MR CHUA HEE BOON 27-Mar-2023 Acquired 100,000 -
MR CHUA HEE BOON 07-Mar-2023 Acquired 100,000 -

Good123

25,087 posts

Posted by Good123 > 2024-01-12 11:09 | Report Abuse

expecting the emergence of a new substantial shareholder :)



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)

Good123

25,087 posts

Posted by Good123 > 2024-01-12 11:27 | Report Abuse

Lee Kim yew is very secretive selling his stake via off market deal.

More to come. Getting excited:)

Good123

25,087 posts

Posted by Good123 > 2024-01-12 11:42 | Report Abuse

Hopefully JD.com or other reputable companies/tycoons sapu all chhb shares sold by LKY & wife via off market deal

Good123

25,087 posts

Posted by Good123 > 2024-01-12 13:11 | Report Abuse

Ada pihak dah beli berpuluh-puluh juta syer chhb dari LKY Dan bini melalui off market deal. Apa nak risau, beli & Simpan dulu je lah.

Tunggu drama unfold je kini :)

Good123

25,087 posts

Posted by Good123 > 2024-01-12 13:24 | Report Abuse

jika balik RM1++ pun kira bagus :)

CHHB Historical Data
Time Frame
Monthly
Download Data
01/12/2022 - 01/12/2024
Date Price Open High Low Vol. Change %
01/01/2024 0.320 0.325 0.350 0.315 587.30K -1.54%
12/01/2023 0.325 0.315 0.340 0.280 113.70K +4.84%
11/01/2023 0.310 0.310 0.330 0.310 25.29M 0.00%
10/01/2023 0.310 0.335 0.335 0.300 24.17M -7.46%
09/01/2023 0.335 0.340 0.350 0.320 27.01M -2.90%
08/01/2023 0.345 0.365 0.385 0.310 27.19M -5.48%
07/01/2023 0.365 0.350 0.470 0.350 40.64M +2.82%
06/01/2023 0.355 0.295 0.370 0.200 5.56M +16.39%
05/01/2023 0.305 0.355 0.360 0.295 3.21M -14.08%
04/01/2023 0.355 0.365 0.405 0.335 22.42M -2.74%
03/01/2023 0.365 0.415 0.415 0.360 23.00M -13.10%
02/01/2023 0.420 0.460 0.515 0.410 27.36M -4.55%
01/01/2023 0.440 0.375 0.445 0.375 18.83M +15.79%
12/01/2022 0.380 0.400 0.470 0.365 16.67M -5.00%
11/01/2022 0.400 0.350 0.400 0.335 8.76M +14.29%
10/01/2022 0.350 0.355 0.405 0.340 14.56M -1.41%
09/01/2022 0.355 0.440 0.440 0.340 25.02M -19.32%
08/01/2022 0.440 0.555 0.575 0.435 33.81M -22.12%
07/01/2022 0.565 0.680 0.690 0.465 58.02M -16.91%
06/01/2022 0.680 0.750 0.770 0.680 52.11M -9.33%
05/01/2022 0.750 1.390 1.460 0.670 192.39M -46.04%
04/01/2022 1.390 1.380 1.630 1.330 135.56M +0.72%
03/01/2022 1.380 2.400 2.530 1.160 142.62M -43.21%
02/01/2022 2.430 1.490 2.770 1.430 77.07M +64.19%
Highest:
2.770
Change %:
-78.378

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