Company Overview and News

Bursa closes higher amid Asia rebound

2018-10-16 malaymail
KUALA LUMPUR, Oct 16 — Bursa Malaysia closed higher today, lifted by selective play in heavyweight counters, amid stronger regional markets.
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Bursa higher at mid-afternoon

2018-10-16 malaymail
KUALA LUMPUR, Oct 16 — Bursa Malaysia continued higher at mid-afternoon today lifted by gains in selected index-linked companies, dealers said.
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KLCI pares gains as sellers outpace buyers

2018-10-16 theedgemarkets
KUALA LUMPUR (Oct 16): The FBM KLCI pared some of its gains at midday break today, as sellers outpaced buyers at the local bourse, against the backdrop of modest gains at regional markets.
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KLCI reverses loss, tracks modest regional gains

2018-10-16 theedgemarkets
KUALA LUMPUR (Oct 16): The FBM KLCI reversed its earlier losses and climbed at mid-morning, tracking the modest rise at the regional markets.
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Continued selling pushes down Bursa at opening

2018-10-16 malaymail
KUALA LUMPUR, Oct 16 — Bursa Malaysia opened lower today on continued selling momentum, while tracking the weaker performance of Wall Street.
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Bursa Malaysia ends week in negative territory on persistent selling

2018-10-05 malaymail
KUALA LUMPUR, Oct 5 ― Bursa Malaysia ended in negative territory today in line with its Asian peers on continued selling in selected heavyweights in the telecommunications, utilities, consumer products and services, and finance sectors.
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Property segment to remain lacklustre in two to three years

2018-09-12 theedgemarkets
KUALA LUMPUR: Yong Tai Bhd’s focus for the financial year ending June 30, 2019 (FY19) will be on Encore Melaka, as well as clearing the remaining inventories for its property segment, which stood at about RM400 million.
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Encore Melaka needs time to ‘impress’

2018-09-12 theedgemarkets
KUALA LUMPUR: Yong Tai Bhd is optimistic that its Impression Series — Encore Melaka, a live performance highlighting the city’s rich history and cultural heritage will successfully deliver on its ticket sales target of 85,000 a month, over the next six to nine months.

Yong Tai working hard to sell Encore Melaka shows

DESPITE securing offtake agreements with travel agents for the sale of one million Encore Melaka tickets, Yong Tai Bhd is not resting on its laurels as it continues to secure new sales.
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Yong Tai’s undertakings long-term value seen intact

2018-08-15 theedgemarkets
Yong Tai Bhd (Aug 14, RM1.12) Outperform with an unchanged target price of RM2.25: Management of Yong Tai Bhd met up with the investment fraternity to provide current updates on the Encore Melaka theatre while also fielding questions about various other issues, one of which included the recent announcement of the early conversion of preference shares and subsequent share price weakness. While certain operational challenges were acknowledged, the long-term intrinsic value of the group’s undertakings remains unchanged.

Firm start for Bursa Malaysia, outperforms Asian markets

KUALA LUMPUR: Blue chips started Tuesday on a firm note, outperforming the steady key Asian markets, but analysts expect some pullback following the recent overbought conditions.
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Yong Tai gears up for the real show

2018-07-18 theedgemarkets
IT is set to be a big year for Yong Tai Bhd as the curtain goes up on its live performance, Encore Melaka. If everything goes to plan, the group could see a tenfold jump in profit with revenue potentially growing as much as six to seven times in the financial year ending June 30, 2019 (FY2019).
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Property: Time to buy?

2018-07-06 theedgemarkets
THE property market is still soft with most developers experiencing slow sales. Most property developers, it seems, are taking a cautiously optimistic view of the market in the near term. According to some of the developers participating in’s Malaysia Virtual Property Expo (VPEX) 2018, the days ahead will remain challenging but they are feeling a tad more optimistic of the future than before.
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Experience a new way of buying property at VPEX 2018

2018-07-06 theedgemarkets
PETALING JAYA (July 6): Experience a new way of viewing and buying property at Malaysia’s Virtual Property Expo 2018 (VPEX 2018).
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