Yong Tai Bhd.
0.10
MYR
0.00
(0.00%)
ISIN
MYL7066OO003
Return %
Stock
S&P 500
1Y
-33.33
14.20
3Y
-71.43
81.12
5Y
-86.67
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Kuang Loon Wira Boo
- Full Time Employees
- 238
- Sector
- Finance
- Industry
- Real estate development
- Address
- Melaka Malaysia
- IPO Date
- Aug 3, 2009
- Website
- yongtai.com.my
- Similar Companies
- Business
- Yong Tai Bhd. is a Malaysia-based investment holding and tourism-related property development company that specializes in integrated mixed-use developments, hospitality assets, cultural entertainment venues, and project management services. Founded in 1971 and headquartered in Melaka, Malaysia, the company operates primarily across the Malaysian real estate, hospitality, property investment, and tourism sectors. The company conducts its operations through several core business segments, offering a comprehensive portfolio of products and services: Property Development, comprising the acquisition, master planning, construction, and marketing of residential, commercial, and mixed-use real estate, including high-rise serviced suites, waterfront condominiums, retail spaces, and luxury residences such as Amber Cove, The Apple, The Dawn @ Impression City, and Impression U-Thant; Property Investment and Hospitality, encompassing the ownership, leasing, asset optimization, and management of commercial office buildings, retail properties, and hotel operations, notably including the Jaya 99 corporate office tower and the Courtyard by Marriott Melaka hotel through operating subsidiaries such as Apple 99 Development Sdn Bhd; Tourism, Culture, and Entertainment, featuring the flagship 138-acre Impression City tourism township and the iconic Encore Melaka theatre, a purpose-built cultural venue featuring a 360-degree rotating auditorium and multi-scene water and projection stages configured for large-scale theatrical productions, live concerts, corporate exhibitions, and tourism performances; and Project Management and Consultancy Services, delivering end-to-end development consultancy, design advisory, project administration, and property facility management solutions. In recent corporate developments, Yong Tai Bhd. has pursued strategic partnerships, asset monetization, and capital restructuring to strengthen its core operations and balance sheet. The company entered into a strategic joint venture with Taghill Holdings Bhd to develop The Dawn @ Impression City Melaka, a 648-unit serviced suite development with a gross development value of approximately RM183.31 million, mitigating execution and construction risk while unlocking operational cash flow. In addition, the group entered into a conditional share sale agreement to acquire 100 percent equity interest in Sumberjaya Builders Sdn Bhd for RM15 million to augment its construction management and project execution capabilities. Yong Tai Bhd. has also advanced the proposed RM160 million disposal of the Courtyard by Marriott Melaka hotel asset to Southern Envoy Sdn Bhd to unlock capital for debt reduction and working capital, alongside implementing a multi-tranche redeemable convertible preference shares program to raise up to RM180 million to support ongoing development pipelines and long-term corporate growth.