COUNTRY HEIGHTS HOLDINGS BHD

KLSE (MYR): CHHB (5738)

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4 people like this.

1,853 comment(s). Last comment by alienbiru 3 weeks ago

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Kalau tengok akaunnya, property segment dengan impairment cost yg menyebabkan kerugian tanpa cashflow impact

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

healthcare, resorts & hospitality & convention + exhibition segments dah ok dah.

Spin off property segment :)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Mahsing 50sen+ kini dah balik rm1++

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Lim Chow Sen @ Lim Chow Soon who has been listed as a shareholder in various shares on Bursa Malaysia. For instance, they were reported to have a 0.13% shareholding in AAX as of July 30, 2020

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

bagus.. pemegang syer utama baru dah muncul dalam chhb...

tunggu setahun, mungkin double macam mahsing, ataupun 3X 4X macam ytl...

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

PP untuk jd.com ataupun sykt/taikun yg berwibawa? tunggu dan lihat... excitement lah :)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

🇲🇾 MALAYSIA Leads Southeast Asia’s Foreign Tourist Boom in 2023! ✈️

Based on official data from each tourism ministry, Malaysia tops the charts with 29 million tourist arrivals in 2023. Thailand closely trails in second place with 28 million, while Singapore secures third with 13.6 million visits.

Congratulations, Malaysia! 🎉

Source: Seasia Stats

👣 STAY CONNECTED 🙌

ocbc

919 posts

Posted by ocbc > 1 month ago | Report Abuse

Emerge of new shareholder !

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Tengok boleh breakthrough 25sen hari ni tak hehe

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

NTA 2.0900
P/B 0.11
RPS 17.03
PSR 1.35
Market Cap 69.0M
Shares (mil) 299.99

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

sebelum april 1, dah balik 30sen++ fingers crossed... tunggu sudden surge je kini hehe

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

hartanah sebelum revaluation dah RM1bil++++ NTA@RM2.09.... cukup berbaloi... retained earnings @RM116juta++ boleh buat share buyback dan bayar dividen bila biz pulih kelak

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

private placement @10% stake, probably 35sen to 50sen to another friendly party. after PP, 50sen & above pun boleh jadi... semoga segalanya berjalan dengan lancar hehe

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

dengar nak convert some properties jadi airbnb, coworking, dll... semoga berjaya./.. juga mau some properties e.g. tanah... ok terbaik

ocbc

919 posts

Posted by ocbc > 1 month ago | Report Abuse

https://www.nst.com.my/property/2022/05/795938/lee-turn-crisis-opportunity-reshape-country

>$2 per share once implemented. Now u get at 0.2X u lucky lucky bom bi bi , cheers !

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Greatly undervalued.. Keep some, Good ROI pretty soon.

@ocbc

https://www.nst.com.my/property/2022/05/795938/lee-turn-crisis-opportunity-reshape-country

>$2 per share once implemented. Now u get at 0.2X u lucky lucky bom bi bi , cheers !

5 hours ago

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Keep for 1-2years, rm1++ is possible like ytl from 40sen++ to rm2++

According to TA Securities, CHHB's assets are worth substantially more than it appears in the financial statement given that accounting standard tends to be prudent and recognise long-term assets based on historical cost.

"Referring to the list of landed properties held as at December 31, 2020, we found that over 80 per cent of the group's 2,357-acres of properties were acquired or last revalued prior to 2002 (20 years ago), and significantly understate the value of its properties compared to the realisable value in today's market.

"For instance, an 11-acre land in Kajang acquired in 1987 has a book value of RM2 million or RM4 psf, despite fetching a realisable value of RM100 to RM150 psf now.

"Similarly, some of CHHB's key investment properties such as Palace of the Golden Horses, Mines Wellness Hotel, and Mines International Exhibition Centre that carry book values based on the period of 1998 to 2008 appear underappreciated by the investment community.

"Note that Malaysian house price index has been on the rise for the most 21st century except for the recent two years when Covid-19 mildly dampened the market sentiment," the firm said.

The firm said that according to CHHB's management, the realisable values of the group's properties in today's market valuation are closer to RM2 billion than the RM1.1 billion book value disclosed in its financial statement.

After accounting for all foreseeable corporate exercises and the upcoming asset injection from Lee, the realisable value of CHHB's properties is estimated to be RM2.5 billion or RM3.00 per expanded share cap, it said.

Given several funding options, TA Securities sees no impediments for CHHB to fund its expansion objectives.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Bjassets from 20sen++ to 30sen++ now. Next, for chhb :)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Mau start beli ka? :)

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

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Dia yakin, anda? :)

<%-- for fixing scrollbar--%>
Save Print Back

5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Particulars of Shareholder
Name : LIM CHOW SEN @ LIM CHOW SOON
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
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
Details of Changes
Date of Notice : 07/03/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 07/03/2024 Acquired 9,055,700 -
Circumstances by reason of which change has occurred:
Off Market Acquisition - 4,809,700 Ordinary SharesOpen Market Acquisition -
4,246,000 Ordinary Shares
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 23,685,700 shares (7.9800%)
Total : 23,685,700 shares
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:

08/03/2024 07:00 AM


Ref Code: 202403083800223

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Private placement 20% at 50sen & above probably:)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Country Heights Holdings Berhad (CHHB) proposed a private placement of up to 54.71 million new shares, which represented about 20% of the company’s existing number of issued shares. The indicative price for the placement shares was set at RM1.075 each, aiming to raise an indicative RM58.81 million1. This fund-raising exercise was intended to partially finance the construction cost for the group’s Mines Wellness Suites office project and College Heights Estate retail and industrial real estate development1. The announcement for this private placement was made on August 20, 2021.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

sesiapa mau jual murah, jualkan semua hehe

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

CORE BUSINESSES
Open Imagination
Healthcare
Console Activity
Property & Lifestyle
Locked Steel Gate
Hospitality & Travel
Mac Sunglasses
Exhibition & Convention
Open Imagination
Tourism & Membership
Console Activity
Blockchain & Finance

http://www.countryheights.com.my/

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Golden Horse Digital Investment Bank
Golden Horse Digital Investment Bank Ltd (“GHDIB”) is a groundbreaking, fully-licensed and regulated digital investment bank built to give people a fairer, smarter and more human alternative to the banks of the past.

It offers investment account alongside a range of lending products and digital asset exchange.

GHDIB also provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary and blockchain technology platform that it uses to power its own bank.

The Golden Horse Exchange (“GH Exchange”) also offers clients in-app access to a selection of digital asset exchange services which offering seamless users experience. Clients can also raise fund on our GH Exchange thru the STO platform.

http://www.countryheights.com.my/blockchain_finance.php

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

INVESTMENT BANK PUN DAH ADA... :)

https://gti-bank.com/

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Golden Touch Investment Bank Ltd (“GTIB”) was founded by Malaysia’s prominent entrepreneur, Tan Sri Lee Kim Yew, and aims to be one of the world’s leading investment banks that offers comprehensive financial solutions to the clients. We provide services to a substantial and diversified client base, which includes corporations, financial institutions, governments and high net worth individuals.

GTIB was registered in Labuan International Business and Financial Centre on 28th November 2019 and was bestowed with the investment banking license by Labuan Financial Services Authority (Labuan FSA) on 18th August 2020.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Tan Sri Lee Kim Yew
Founder of Golden Touch Investment Bank Ltd
Tan Sri Lee Kim Yew (丹斯里 李金友) He is an experienced and passionate Malaysian Entrepreneur and have strong belief in Chinese Philosophy. He is an established and renowned property developer with over 30 years of experience in the industry. The pioneering spirit of Tan Sri Lee has led him to focus on property development with a difference – and he soon made his mark in land and urban regeneration projects in Malaysia as well as outside the country. He first earned industry recognition for his landmark role in transforming an abandoned rubber estate into country home living residences with quality landscaped environments. He later took up the challenge to deliver with the vision and drive which was the hallmark of his entrepreneurial style by converting the world largest open cast mining land into a breath-taking landmark of the Mines Resort City. It is the largest environmental project undertaken throughout Malaysia history.

“Transforming business through blockchain and token.” — Tan Sri Lee Kim Yew

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

lky TAK MALAS... BANYAK PROJEK DAH DILAKSANAKAN... MORE TO COME... TENGOK HOW HE TURNAROUND CHHB AS MONTHS TO COME HEHE

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

The rebound in tourism is beneficial for the economy and businesses like CHHB, as it signifies a recovery from the downturn caused by the pandemic. Increased tourism leads to higher demand for services and products, which can result in job creation, increased spending in local economies, and overall economic growth. For companies operating in the hospitality and tourism sectors, this rebound can translate into higher occupancy rates, more customers, and ultimately, improved financial performance.

In the context of Malaysia, the tourism sector is showing signs of recovery, with international arrivals reaching 80% of pre-pandemic levels in the first quarter of 20231. This resurgence is expected to continue, with projections indicating a return to pre-Covid visitor numbers by 20251. Such a rebound is likely to have a positive impact on businesses like CHHB that are involved in the tourism industry, as it could lead to increased revenue and growth opportunities.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Country Heights Holdings Bhd (CHHB) could be considered a potential takeover target for several reasons:

Diversified Real Estate Portfolio: CHHB has a diversified portfolio in real estate, which can be attractive to investors looking to expand their holdings in this sector1.
Strategic Investments: The company has made strategic investments that may appeal to potential acquirers interested in those particular assets or market segments1.
Financial Position: Despite the bankruptcy order against its founder, CHHB has maintained a stable financial position, which could make it a more secure investment1.
Growth Strategy: CHHB remains committed to its growth strategy, which could be aligned with the objectives of a potential acquirer looking for long-term value generation1.
Technological Advancements: The company’s initiative to develop a smart-city app with cryptocurrency enablement positions it at the forefront of technological innovation within the real estate sector1.
Market Fluctuations: The recent roller-coaster ride of CHHB’s stock price might signal to potential acquirers an opportune moment to consider a takeover, especially if they believe the company is undervalued2.
Potential Synergies: Acquirers might see potential synergies that could be realized by integrating CHHB’s operations with their own, leading to increased efficiency and profitability2.
These factors, among others, could make CHHB an attractive takeover target for companies looking to invest in the real estate sector or expand their current operations. It’s important to note that these are potential reasons and any actual takeover would depend on a multitude of factors including the strategic fit, financial considerations, and mutual agreement between CHHB and the potential acquirer.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Country Heights Holdings Bhd (CHHB) has shown a promising turnaround and potential for growth post-pandemic, as evidenced by its performance in various business segments. Here’s a breakdown of how CHHB’s business segments have contributed to this optimistic outlook:

Healthcare: CHHB’s healthcare division has been a strong performer, likely benefiting from the increased focus on health and wellness during and after the pandemic.
Resorts and Hospitality: Despite the challenges faced by the hospitality industry during the pandemic, CHHB’s resorts and hospitality segment showed resilience and is expected to recover as travel and tourism pick up.
Exhibition and Convention: With the world adapting to the new normal, CHHB’s exhibition and convention segment is poised to capitalize on the return of physical events and conferences.
Property: The property division is set to launch a RM300 million property program aimed at monetizing its Realisable Net Asset Value, indicating a strategic move to leverage its real estate assets1.
Furthermore, CHHB is embracing digital transformation, which includes a partnership with JD.com to develop an omni-channel business model in Malaysia and the launch of the M Smart City App, turning Mines Wellness City into the first cryptocurrency-enabled township in the country1. These initiatives signal CHHB’s commitment to innovation and adapting to technological advancements, which are crucial for post-pandemic growth.

The combination of improved performance across its business segments, strategic asset monetization, and digital initiatives positions CHHB well for unlimited potential in the post-pandemic era.$$$$$$$$$$$$$$

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Asian stocks rise ahead of US CPI; yen perks up on BOJ chatter
Economy
Published Mar 11, 2024 10:36PM ET Updated Mar 11, 2024 11:16PM ET

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Recent Performance: The company’s stock has shown a range of price volatility that could present opportunities for investors. With a 52-week range of 0.20 - 0.48 MYR, there’s potential for significant upside if the company can capitalize on positive market conditions

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Market Position: CHHB has a diverse portfolio with interests in property development and investments, hotel and resort management, healthcare, and education, among others. This diversification can be a strength as it may reduce risk and provide multiple streams of revenue

NRahmat

85 posts

Posted by NRahmat > 1 month ago | Report Abuse

Ready to fly

ks55

3,504 posts

Posted by ks55 > 1 month ago | Report Abuse

Has CHHB defaulted any bank loan?

ocbc

919 posts

Posted by ocbc > 1 month ago | Report Abuse

CTOS NTA 0.26 people bought upto 1.40 , now bubbles burst , lesson learnt , buy only stocks with hard assets ! CHHB got 2357 acres of lands in KL worth $$$ and now selling at lelong $0.24 now , buy n sleep well . Cheers !!

ocbc

919 posts

Posted by ocbc > 1 month ago | Report Abuse

@ks55
Has CHHB defaulted any bank loan?

In business world , occasionally u have Cash flow issues , but if assets worth much more than loan , no worry , thks for their short term cash flow issues and that is why u can get it at lelong price now. Cheers !!

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

24sen dah... uptrend started ka? terindah!

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Last Price: MYR 0.24
Price Change: +0.01 (4.35%)
52-week Range: MYR 0.20 - MYR 0.47
Market Cap: Approximately MYR 68.54 million
Volume: 324,700

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Lim ada pelan yang luar biasa, sabar ya! hehe

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Friday, 8 Mar 2024
5:37PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (9,055,700 units Acquired)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Beliau dah tambah syer balik, sesuatu yg indah akan berlaku.. :)

Lim Chow Sen, also known as Lim Chow Soon, is an investor with shareholdings in various companies listed on Bursa Malaysia. Here are some details about his investment activities:

AAX (5238): Lim Chow Sen @ Lim Chow Soon held 5,500,000 shares, which is a 0.13% stake in the company as of the report date 30th July 20201.
Country Heights Holdings Bhd (CHHB): He was listed as a shareholder in Country Heights Holdings Bhd. However, as of 21st December 2023, he ceased to be a person of interest in the company after disposing of 14,500,000 shares2.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

dia agak tepat tentang ramalannya macam syer aax dulu hehe

Friday, 8 Mar 2024
5:37PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (9,055,700 units Acquired)

ocbc

919 posts

Posted by ocbc > 1 month ago | Report Abuse

insider bought , u know its a good news.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

masih ada harapan.. :)

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

REMEMBER these four things:

Investing is not gambling – only if you know what you are doing.
Don’t let your emotions control you.
Investing is a marathon – not a sprint. Focus on long term.
Every market downturn in history, has ended in an upturn.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

PETALING JAYA: Despite the record-breaking transaction value recorded in 2023 in the property sector, the KL Property Index, which is made up of listed shares of property companies, has remained relatively flat.

The index closed at about 918 points yesterday, six points higher compared to the 912 opening points recorded on March 6, the day when the National Property Information Centre (Napic) released its statistics on last year’s property market.

Analysts, however, expressed optimism about the outlook for property stocks on the KL Property Index following the latest Napic results, citing several factors contributing to positive sentiment in the sector.

These include favourable monetary and government policies as well as the spillover effects from major infrastructure projects like the high-speed rail (HSR), rapid transit system (RTS), and mass rapid transit 3 (MRT3).

Speaking with StarBiz, RHB Research analyst Loong Kok Wen said these factors, coupled with the anticipated improved economic growth, are expected to sustain the positive momentum in the property market.

“Generally, developers are aiming for higher sales targets and higher launches this year,” she said, adding that overall, there should not be any negative earnings growth.

Another analyst with a local brokerage also believes that developers are poised for a stronger performance in 2024.

“In addition to favourable monetary and government policies, Malaysia’s resilient growth, supported by increased domestic demand and improved labour market conditions, is anticipated to impact the property sector positively,” she told StarBiz.Similarly, she believes the imminent end of the central bank’s interest rate hike cycle, potential land value boosts from major infrastructure projects and the establishment of special financial hubs and economic zones would collectively contribute to this positive sentiment.

“Furthermore, we expect the implementation of homeowner-friendly policies to add another layer of appeal to the sector,” she added.

Moving forward, the analyst anticipates the above mentioned factors to sustain a positive market momentum for the upcoming months.

“With robust unbilled sales and a solid balance sheet, developers seem well positioned to embrace a promising 2024,” she said.

When asked about the impact of the high cost of living on the property market, Loong said that post-Covid-19, various countries witnessed a surge in inflation as economies reopened.

However, as of 2024, she said inflation is stabilising, signalling a gradual adjustment to the new norm, not only in Malaysia but globally.

“I’m not blindly optimistic, I know inflation is a threat but people are spending, as evident in malls,” she noted.

As for the weakening ringgit, Loong said it will have a direct impact on investor sentiment.

However, she said the impact is not significant on the property market as construction materials are locally sourced.

Despite the weakening local currency, she believes the demand for property is expected to persist, driven by the fact that people refrained from spending during Covid-19.

“The (property) demand is now fuelled by the savings accumulated during that (Covid) period,” she said.

Good123

24,914 posts

Posted by Good123 > 1 month ago | Report Abuse

Friendly parties of lky masuk pasaran terbuka , sapu syer , naik gila kelak

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