COUNTRY HEIGHTS HOLDINGS BHD

KLSE (MYR): CHHB (5738)

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Last Price

0.25

Today's Change

-0.01 (3.85%)

Day's Change

0.245 - 0.25

Trading Volume

160,000


4 people like this.

1,863 comment(s). Last comment by YieldSeeker 1 week ago

Good123

25,242 posts

Posted by Good123 > 2024-01-22 09:12 | Report Abuse

Profitability Growth: Anticipated net income growth means that analysts expect the company's profitability to increase. Higher net income can boost the company's earnings per share and potentially its stock price.
Positive Outlook: When analysts forecast net income growth, it indicates a positive outlook for the company's financial performance. This could be due to a variety of factors such as increased sales, improved operational efficiency, or cost reductions.
Bullish Indicator: Net income growth forecasts are generally seen as a bullish signal. It suggests that the company is on a path to increased profitability, which could lead to higher returns for investors.
Investor Confidence: Forecasts of net income growth can boost investor confidence, as they suggest that the company is likely to perform well in the near future. This could lead to increased demand for the company's stock.

ocbc

1,056 posts

Posted by ocbc > 2024-01-22 10:02 | Report Abuse

PP to SG investors S$1=RM$3.5 , cheap cheap

curiousq

969 posts

Posted by curiousq > 2024-01-22 10:07 | Report Abuse

Lee Kim Tiong was filed bankruptcy by his employee becos not pay salary

Good123

25,242 posts

Posted by Good123 > 2024-01-22 10:27 | Report Abuse

The recent pp was issued at rm1++

Wait for the share priceto rebound b4 the pp due in Aug 2024 :)

Lky tak kan mau jual chhb syer pada harga lelong pulak

Good123

25,242 posts

Posted by Good123 > 2024-01-22 10:29 | Report Abuse

Lky yg dikatakan dah p@kai, see what he will do next, tony of capita A seems has better options

Good123

25,242 posts

Posted by Good123 > 2024-01-22 14:41 | Report Abuse

buy n hold je .... waiting for his buddies to buy aggressively je now

Good123

25,242 posts

Posted by Good123 > 2024-01-23 08:24 | Report Abuse

Country Heights Holdings Berhad may have many valuable assets due to its diversified portfolio, which could include real estate, land holdings, investments, and other revenue-generating ventures. The company's strategic business decisions, acquisitions, and successful ventures could contribute to the overall value of its assets. It's essential to analyze the specific assets and business strategies of the company to understand the reasons behind its valuable holdings.

Good123

25,242 posts

Posted by Good123 > 2024-01-23 08:56 | Report Abuse

Rescuing or positively influencing a company like Country Heights Holdings Berhad would depend on various factors, and it's not solely in the hands of an individual, including Lim Kim Yew. Here are some general considerations:Financial Investment: Lim Kim Yew could inject capital into the company to address any financial challenges it might be facing.Business Strategy: Implementing sound business strategies and operational improvements to enhance the company's performance and competitiveness.Management Expertise: Applying leadership and management skills to streamline operations, cut unnecessary costs, and improve overall efficiency.Market Positioning: Identifying and capitalizing on opportunities in the market to strengthen the company's position and increase revenue.Stakeholder Relations: Building positive relationships with stakeholders, including investors, customers, and partners, to restore confidence in the company.Industry Knowledge: Leveraging industry expertise to navigate challenges and stay ahead of market trends.It's essential to note that the success of such efforts depends on the specific circumstances surrounding Country Heights Holdings Berhad and the broader economic environment. Additionally, collaboration with existing management and stakeholders is often crucial for a successful turnaround.

arcadicus

779 posts

Posted by arcadicus > 2024-01-30 13:35 | Report Abuse

Hmmm... Start moving d...

Posted by YieldSeeker > 2024-01-30 17:20 | Report Abuse

Does CHHB have land in Johor?🙂

ocbc

1,056 posts

Posted by ocbc > 2024-02-02 15:43 | Report Abuse

i don't think so, but got potential SG investor eying on it.

ocbc

1,056 posts

Posted by ocbc > 2024-02-15 15:15 | Report Abuse

cheap cheap cheap cheap sale , huat ah !

alienbiru

95 posts

Posted by alienbiru > 2024-02-28 18:55 | Report Abuse

Hahaha run lor !!

ocbc

1,056 posts

Posted by ocbc > 2024-02-29 12:51 | Report Abuse

2357 acres of lands at lelong price , huat ah

curiousq

969 posts

Posted by curiousq > 2024-03-04 09:33 | Report Abuse

Lee kim teong pokkkai again 😠

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:03 | Report Abuse

Simpan sedikit, nanti naik balik hehe


This article first appeared in The Edge Malaysia Weekly on March 4, 2024 - March 10, 2024

Within a space of five days, Country Heights Holdings Bhd (CHHB) had made a significant reversal in its decision with regard to its quarterly results.

Last Monday, CHHB, which is substantially controlled by Tan Sri Lee Kim Yew, announced that it was unable to release its quarterly results for the period between October and December 2023 because there were delays in verifying claims from creditors, as well as ongoing negotiations with a bank on a defaulted loan.

Last Friday, CHHB issued a press release clarifying further the issues related to its accounts. Close scrutiny reveals that the claims by creditors are related to the Mines Waterfront Business Park (MBWP) development and the amount in question is between RM3 million and RM3.8 million.

As for the loan in default, CHHB stated that the amount is between RM72 million and RM79 million and not RM180 million as reported in the media. Nevertheless, CHHB has already received a proposal from the bank to settle for an amount of RM12 million, which is to be stretched over 24 months.

The property developer stated that the board had initiated the necessary accounting measures so that the financial results would reflect its current position.

The loan is tied to the MBWP and Mines International Exhibition and Convention Centre (MIECC). According to CHHB, the assets are valued at RM550 million.

The value of the assets are grossly higher than the amount in dispute. Hence, on paper, there is really little concern over the state of CHHB’s finances. But what’s puzzling is the delay in resolving the matter, until it has led to a delay in the release of its quarterly results.

Timely information is relevant, especially to CHHB, as it plans to undertake a private placement. The proceeds are to be used to refurbish the Palace of the Golden Horses. A delay in results would certainly not help the company get a better price for the placement exercise.

Save by subscribing to us for your print and/or digital copy.

P/S: The Edge is also available on Apple's App Store and Android's Google Play.

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:04 | Report Abuse

Harga lelong, beli n simpan... Lky kroni mamakutty, tak p@kai kot? Hehe

ks55

3,845 posts

Posted by ks55 > 2024-03-04 12:23 | Report Abuse

MIECC worth rm 550 million? Who gave that sort of valuation? Must be the most unprofessional valuer in Malaysia !

ks55

3,845 posts

Posted by ks55 > 2024-03-04 12:24 | Report Abuse

If MIECC can worth rm 550 million, then CHHB must worth rm 100 billion....

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:40 | Report Abuse

NBV ~Rm2.40.... lagipun LKY adalah kroni mamakutty kerala tak mati/p@kai punya hehe buy3

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:42 | Report Abuse

when others are fearful we must be greedy hehehe

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:48 | Report Abuse

LKY mesti pulihkan syktnya sebelum mati, maruah dia hehehe

Good123

25,242 posts

Posted by Good123 > 2024-03-04 12:54 | Report Abuse

harga syer chhb patut terbang sebelum private placement... bertenang ya hehe

Posted by Buayabuster > 2024-03-04 13:03 | Report Abuse

Kasi report bursa lky tak mahu keluar report untuk tekan harga saham dan private placement murah

Posted by Buayabuster > 2024-03-04 13:04 | Report Abuse

Tak mahu kasi finance report
Takutkan investor dan harga menjunam
Harga menjunam
Suspend

Posted by Buayabuster > 2024-03-04 13:06 | Report Abuse

Private placement murah belu sendiri dan proxies

Pastu dapat saham% tinggi dia buat berita dan saham naik, dia buang saham lagi

Tu cara buaya operasi untuk telan kalian investor jecik

Paling famoys: top grive

Posted by Buayabuster > 2024-03-04 13:07 | Report Abuse

Ynh
Rapid
Ytl power
Ataimis
Etcetc

Posted by Buayabuster > 2024-03-04 13:07 | Report Abuse

Kasi suspend la lky, tengok muka nak bubuh mana , bawah makam maderkutty

Good123

25,242 posts

Posted by Good123 > 2024-03-04 13:53 | Report Abuse

Harga dah bottom out... Dah 24.5sen ... Macam mau terbang

Good123

25,242 posts

Posted by Good123 > 2024-03-04 14:04 | Report Abuse

Pelancong2 dah bertambah, hotel2 boleh hidup....sabar je.

Focus on strengths , apa pun buat, pasti gagal... Semoga lky dah insaf hehe

Good123

25,242 posts

Posted by Good123 > 2024-03-04 14:33 | Report Abuse

Balik 30-40sen + soon

ocbc

1,056 posts

Posted by ocbc > 2024-03-04 15:16 | Report Abuse

2,XXX acres of FREEHOLD lands at lelong leong price now, the upcoming investors holding foreign currencies so excited now. Huat huat ah !

Good123

25,242 posts

Posted by Good123 > 2024-03-04 15:24 | Report Abuse

Above 60 tak perform as a CEO, blah. Above 60, Lebih baik sebagai independent director


Save Print Back

5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
Change in Boardroom
Date of Change: 01/03/2024
Type of Change: Retirement
Designation: Managing Director
Directorate: Exec
Name: YIP CHUN MUN
Age: 61
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Remarks:
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:

28/02/2024 07:00 AM


Ref Code: 202402283300438

ocbc

1,056 posts

Posted by ocbc > 2024-03-05 10:26 | Report Abuse

2,XXX acres of FREEHOLD lands at lelong leong price now, the upcoming investors holding foreign currencies so excited now. Selling at 0.10 BV now , cheers !!

Good123

25,242 posts

Posted by Good123 > 2024-03-06 12:04 | Report Abuse

LKY mau masuk pasaran untuk menyapu syernya kot? hehehe


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

05/03/2024 07:00 AM


Ref Code: 202403053000264

Good123

25,242 posts

Posted by Good123 > 2024-03-06 12:10 | Report Abuse

NTA 2.3900
P/B 0.09
RPS 17.27
PSR 1.27
Market Cap 66.0M
Shares (mil) 299.99

Good123

25,242 posts

Posted by Good123 > 2024-03-06 12:10 | Report Abuse

RSI(14) Oversold 19.2
Stochastic(14) Oversold 0.0
Average Volume (3M) 1,011,700
Relative Volume 2.3

Good123

25,242 posts

Posted by Good123 > 2024-03-06 12:11 | Report Abuse

ok ok simpan sedikit... harga lelong macam besi buruk hehe.. padan muka lky kroni mamakutty kerala hehe

Good123

25,242 posts

Posted by Good123 > 2024-03-06 12:32 | Report Abuse

KUALA LUMPUR (March 6): Malaysia’s residential property transaction value hit RM196.83 billion in 2023, a fresh record high as noted by the National Property Information Centre (Napic).

The figure was a 9.91% year-on-year (y-o-y) rise from the previous all-time high of RM179.07 billion logged in 2022, Napic said in a statement in conjunction with the release of its Property Market Report 2023 on Wednesday.

As for total transactions, it was largely flat at 399,008, a 2.54% increase from 389,107 in 2022.

ocbc

1,056 posts

Posted by ocbc > 2024-03-06 15:35 | Report Abuse

good news , force selling , likely change owners of these freehold land. Huat ah !

Good123

25,242 posts

Posted by Good123 > 2024-03-06 16:11 | Report Abuse

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
04/03/2024 00:00:00 0.4100 0.1350 320,000 3.010m 131,200 893,300 0.2968 0.1067 -
04/03/2024 00:00:00 0.4100 0.1350 560,000 3.010m 229,600 893,300 0.2968 0.1867 -

ocbc

1,056 posts

Posted by ocbc > 2024-03-06 16:17 | Report Abuse

Private placement at 0.41 ?

Posted by Buayabuster > 2024-03-06 17:10 | Report Abuse

Lky muka pun tak mahu dah , malu suspend , first time dalam 40 tahun.

Madey kuttu pi dia pun ikut belakang

Amitaba , malu agama

Posted by Buayabuster > 2024-03-06 17:11 | Report Abuse

Cepat2 tukar owner baru aduh taukeh cina penang owner baru adoh

ocbc

1,056 posts

Posted by ocbc > 2024-03-06 17:31 | Report Abuse

TSL cry lor , tak boleh tukar owner , tanah banyak banyak , keep for 3rd generation macam YTL , PP boleh @0.41

Posted by Buayabuster > 2024-03-06 20:00 | Report Abuse

Dia sengaja tak mau kasi akaun Tekan kuat2 sapu balik semua saham murah2

Posted by Buayabuster > 2024-03-06 20:00 | Report Abuse

Lky kasi investor semua mati

Good123

25,242 posts

Posted by Good123 > 2024-03-06 23:29 | Report Abuse

Kroni Madey ,madey dah mau mati, lky macam Sama jugak hehe

Good123

25,242 posts

Posted by Good123 > 2024-03-07 07:19 | Report Abuse

**Tan Sri Lee Kim Yew**, the founder of **Country Heights Holdings Bhd (CHHB)**, has demonstrated remarkable resilience and resourcefulness in his journey. Despite facing significant challenges, he managed to rebound and regain his footing in the corporate world. Let's delve into the reasons behind his impressive comeback:

1. **Survival Instinct and Determination**:
- After the **1997/98 Asian financial crisis**, which dealt him a devastating blow, many believed he would go bankrupt and fade away from the corporate scene.
- However, Lee Kim Yew refused to succumb to adversity. His unwavering determination fueled his survival instinct.

2. **Debt Repayment and Financial Recovery**:
- Lee Kim Yew not only paid off **RM1.1 billion** in personal loans but also helped CHHB settle most of its RM1.1 billion debt.
- His commitment to financial responsibility and debt repayment allowed him to regain financial stability.

3. **Endurance During High-Interest Rates**:
- During the crisis, he faced exorbitant interest rates, reaching as high as **28% per annum**.
- Despite the challenges, he persevered, negotiating with bankers and gradually overcoming the burden.

4. **Humility and Adaptability**:
- He stepped down as CHHB group managing director in **2007**, taking responsibility for the company's problems and weakened financials.
- Passing the baton to his daughter, Dian Lee, demonstrated his humility and adaptability.

5. **Losses and Sacrifices**:
- Lee Kim Yew sold his controlling stake in **Sunrise Bhd**, a high-end property firm, to reduce his loans.
- He even parted with his **US$30 million private jet**, symbolizing his social and economic status during better times.

6. **Changing Relationships**:
- Some of his former "friends" distanced themselves during tough times, emphasizing that he was "a nobody."
- His ties to former Prime Minister **Tun Dr. Mahathir Mohamad** didn't shield him from challenges.

7. **Resilience and Redemption**:
- Despite setbacks, Lee Kim Yew's resilience allowed him to bounce back.
- His story serves as a testament to human strength, adaptability, and the ability to rise from adversity.

In summary, Lee Kim Yew's rebound can be attributed to his tenacity, financial discipline, and willingness to adapt in the face of adversity.

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