【YONGTAI 7066 交流专区】永大

icy97

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES
Description	YONG TAI BERHAD ("YONGTAI" OR THE "COMPANY")(I)        JOINT VENTURE;(II)        PAR VALUE REDUCTION;(III)        RIGHTS ISSUE WITH WARRANTS; (IV)        SPECIAL ISSUE; (V)        IASC; AND (VI)        AMENDMENTS(COLLECTIVELY, THE PROPOSALS)
(All abbreviations used in this announcement are defined in the Abridged Prospectus dated 2 June 2015) On behalf of the Company, M&A Securities is pleased to announce that at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on 17 June 2015 (“Closing Date”), YONGTAI received valid acceptances and excess applications for a total of 81,953,967 Rights Shares. This represents a subscription level of 102.15% of the total number of 80,230,000 Rights Shares available under the Rights Issue with Warrants. Details of valid acceptances and excess applications received as at 17 June 2015 are as follows:              No. of Rights Shares        % of total issue size Total valid acceptances                                43,585,665                                  54.33 Total valid excess applications                                38,368,302                                  47.82 Total valid acceptances and excess applications                                81,953,967                                102.15 Total Rights Shares available for subscription                                80,230,000                                100.00 Total oversubscribed Rights Shares                                  1,723,967                                    2.15 The Rights Shares and Warrants are expected to be listed on the Main Market of Bursa Securities on 30 June 2015. This announcement is dated 24 June 2015.

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YONG TAI BERHAD

Particulars of Substantial Securities Holder

Name	BOO KUANG LOON
Address	12, Jalan Duku 11 Taman Rumpun Bahagia, Bachang Melaka 75300 Melaka Malaysia.
NRIC/Passport No/Company No.	720702045285
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Name & address of registered holder	M & A Nominee (Tempatan) Sdn. Bhd. for Boo Kuang LoonLevel 1, 45 & 47, The Boulevard, Mid Valley City, Lingkaran Syed Putra59200 Kuala LumpurBoon Kuang Loon12, Jalan Duku 11, Taman Rumpun Bahagia, Bachang75300 Melaka

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	25 Jun 2015
No of securities	11,487,000
Circumstances by reason of which Securities Holder has interest	Special Issue & subscription of rights shares
Nature of interest	Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)	11,487,000
Direct (%)	7.164
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)
Date of notice	25 Jun 2015

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Notice of Interest Sub. S-hldr (29A)

YONG TAI BERHAD

Particulars of Substantial Securities Holder

Name	DATO' SRI LEE EE HOE
Address	19, Jalan Bukit Segar 8 Masera Bukit Segar, Cheras Kuala Lumpur 56100 Wilayah Persekutuan Malaysia.
NRIC/Passport No/Company No.	640705015057
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Name & address of registered holder	M & A Nominee (Tempatan) Sdn. Bhd. for Dato' Sri Lee Ee HoeLevel 1, 45 & 47, The Boulevard, Mid Valley City, Lingkaran Syed Putra59200 Kuala Lumpur

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	25 Jun 2015
No of securities	14,724,000
Circumstances by reason of which Securities Holder has interest	Special Issue
Nature of interest	Direct Interest
Price Transacted ($$)	0.580
Total no of securities after change
Direct (units)	14,724,000
Direct (%)	9.183
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)
Date of notice	25 Jun 2015

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Notice of Interest Sub. S-hldr (29A)

YONG TAI BERHAD

Particulars of Substantial Securities Holder

Name	TAN ENG ENG
Address	PTS Properties Sdn. Bhd. Level 6-3, Tower B, Jaya 99 99, Jalan Tun Sri Lanang Melaka 75100 Melaka Malaysia.
NRIC/Passport No/Company No.	740128045130
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Warrants
Name & address of registered holder	Tan Eng EngPTS Properties Sdn. Bhd. Level 6-3, Tower B, Jaya 9999, Jalan Tun Sri Lanang75100 Melaka

Date interest acquired & no of securities acquired
Currency
Date interest acquired	25 Jun 2015
No of securities	2,767,750
Circumstances by reason of which Securities Holder has interest	Free warrants attached to the Rights Shares
Nature of interest	Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)	2,767,750
Direct (%)	6.9
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)
Date of notice	25 Jun 2015

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YONG TAI BERHAD

Kindly be advised that YONGTAI’s:

i)  a)  additional 80,230,000 new ordinary shares of RM0.50 each  ("Shares") issued            

         pursuant to the aforesaid Rights Issue with Warrants; and

     b) additional 40,000,000 new Shares issued pursuant to the aforesaid Special Issue

   will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 30  June 2015; and

ii)  40,115,000 Warrants issued pursuant to the aforesaid Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants   on the Main Market will be granted with effect from 9.00 a.m.,  Tuesday, 30 June 2015.

The Stock Short Name, ISIN Code and Stock Number of the Warrants are YONGTAI-WA",    "MYL7066WAU66" and "7066WA" respectively.

Profile for Securities of PLC

YONG TAI BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	Warrants 2015/2020 issued pursuant to a renounceable Rights Issue with Warrants ("Warrants")

Listing Date	30 Jun 2015
Issue Date	25 Jun 2015
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	40,115,000
Maturity	Mandatory
Maturity Date	24 Jun 2020
Revised Maturity Date
Name of Guarantor	Not Applicable
Name of Trustee	Not Applicable
Coupon/Profit/Interest/Payment Rate	Not Applicable
Coupon/Profit/Interest/Payment Frequency	Not Applicable
Redemption	Not Applicable
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period	Not Applicable
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   0.5000
Revised Exercise/Strike/Conversion Price	Not Applicable
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

Remarks :

The Warrants may be exercised any time during the tenure of the Warrants of five (5) years including and commencing from the issue date of the Warrants and ending at 5:00 p.m. on the Expiry Date (being a date being five (5) years from and including the date of issue of the Warrants, provided that if such day falls on a day which is not a market day, then on the preceding market day).Each Warrant carries the entitlement to subscribe for one (1) new ordinary share of RM0.50 each in Yong Tai Berhad ("YONGTAI") at the Exercise Price which shall be satisfied fully in cash and shall be subject to adjustments in accordance with the Deed Poll.Subject to the provision in the Deed Poll, the Exercise Price and the number of Warrants held by each Warrant holder shall be adjusted by the Board of Directors of YONGTAI in consultation with the adviser and certification of the external auditors, in the event of alteration to the share capital of the Company.

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脱售亏损业务 永大专注发展产业

二零一五年七月二日 晚上七时三十五分
（吉隆坡2日讯）永大有限公司（YONGTAI，7066，贸易服务组）已与极端财富私人有限公司达成协议，将其亏损单位的持股出售。

它在一份声明中表示：“我们将会以合共现金2令吉出售金顶点私人有限公司500万股每股面值1令吉的股票（占100％股权 ），以及The Image Outlet私人有限公司10万股每股面值1令吉的股票（占100％股权 ）。

该集团执行董事说：“上述重组计划是配合公司的策略需要，以简化其资产组合，并专注于新的核心业务例如产业发展，以及令到我们更强大、更精简，以及更有效率。”

永大称：“今次的交易，也可使我们能够集中精力和资源，去推行房地产发展业务。”

他指出，预计上述出售活动，将在今年第3季度完成。

金顶点的主要业务是生产服装、尼龙、纱线和裁缝用具；而The Image Outlet主要是参与销售服装，以及Emilio Velentino品牌下的高尔夫球衣服和休闲穿着所用的裁缝用具。【光华日报财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Proposed Disposal by Yong Tai Berhad ("YONGTAI") of its 100% equity interests in :i) Golden Vertex Sdn. Bhd. for a cash consideration of RM1.00; andii) The Image Outlet Sdn. Bhd. for a cash consideration of RM1.00to Extreme Riches Sdn. Bhd.
The Board of Directors of Yong Tai Berhad (“YONGTAI”) wishes to announce that YONGTAI had on 30 June 2015 entered into two (2) share sale agreements with Extreme Riches Sdn Bhd for the following:- proposed disposal of the 100% equity interest in Golden Vertex Sdn Bhd (“GVSB”), comprising 5,000,000 ordinary shares of RM1.00 each in GVSB (“GVSB Shares”) for a cash consideration of RM1.00; and proposed disposal of the 100% equity interest in The Image Outlet Sdn Bhd (“TIOSB”), comprising 100,000 ordinary shares of RM1.00 each in TIOSB (“TIOSB Shares”) for a cash consideration of RM1.00. (collectively, the “Proposed Disposals”). Kindly refer to the attached announcement for further details of the Proposed Disposals. This announcement is dated 30 June 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4787577

Attachments YONGTAI-Proposed Disposals .pdf

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Notice of Person Ceasing (29C)

YONG TAI BERHAD

Particulars of Substantial Securities Holder

Name	LIEW FAT LIN HOLDING SDN. BHD.
Address	76, Jalan Rugayah Batu Pahat 83000 Johor Malaysia.
NRIC/Passport No/Company No.	321941-P
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Date of cessation	07 Jul 2015
Name & address of registered holder	Liew Fat Lin Holding Sdn. Bhd.76, Jalan Rugayah, 83000 Batu PahatJohor Darul Takzim

Currency	Malaysian Ringgit (MYR)
No of securities disposed	500,000
Price Transacted ($$)	0.474
Circumstances by reason of which Securities Holder has interest	Disposal
Nature of interest	Direct Interest
Date of notice	09 Jul 2015

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Date of change	13 Jul 2015
Name	MR CHOK KIM SIM
Age	53
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to other commitment and busy work schedule
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	Diploma holder in Philosophy & Education of Christian in Singapore Bible College
Working experience and occupation	has more than 20 years of combined experience in building construction industry and township planning development.-involvement in direct property consultation management and real estate investment-undertake housing and commercial industrial projects

APULA

永大否认获倒置收购献议
财经新闻 财经  2015-08-01 10:56
http://www.nanyang.com/node/715029?tid=462

（吉隆坡31日讯）永大（YONGTAI，7066，主板贸服股）今日澄清，该公司并没有接获Apple99发展私人公司的倒置收购献议；配合联营计划，周一暂停交易1天。
该
公司是针对《Focus》财经周刊，有关永大成了马六甲产业发展公司Apple99发展的倒置收购目标的报道，做出澄清。

永大董事部指出，该公司对Apple99发展的收购献议毫不知情。

另一方面，为了持续扩充业务，该公司将持续寻找机会收购地库和联营发展机会。

周一暂停交易

因此，配合重大交易的宣布，该公司也要求于8月3日（周一），早上9时正开始，暂停交易1天。

永大指出，该公司打算与多个单位，针对并购和联营活动，签署谅解备忘录。

闭市时报78仙，扬6仙，成交量1470万7300股。

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Type	Announcement
Subject	OTHERS
Description	YONG TAI BERHAD ("YTB" OR THE "COMPANY")CLARIFICATION OF ARTICLE IN FOCUS MALAYSIA BUSINESS WEEKLY(ISSUE 139, AUGUST 1-7, 2015)
Reference is made to the Article titled “Melaka property group eyes Yong Tai” which appeared in Focus Malaysia Business Weekly (Issue 139, August 1-7, 2015) in particular the following sentences: “Textile and garment-based Yong Tai Bhd could be a takeover target.” “It is learnt Melaka-based property company Apple 99 Development Sdn Bhd is considering a move for the company in a reverse takeover offer.” The Board of Directors of YTB (“Board”) wishes to clarify that the Company is not aware of any take-over proposal by Apple 99 Development Sdn Bhd. As part of the Company’s expansion plan, YTB continually seeks opportunities to acquire strategic landbanks and/or enter into joint development arrangements. AmInvestment Bank Berhad, on behalf of the Board had today announced that Bursa Malaysia Securities Berhad has approved the Company’s request for suspension of trading of its securities for one (1) market day on 3 August 2015. The Company intents to execute several memorandums of understanding (“MOUs”) with various parties in relation to proposed acquisitions and proposed joint venture on 3 August 2015. A press conference will be held on the same day in relation to the execution of the MOUs. An appropriate announcement will be made by the Company on 3 August 2015. This announcement is dated 31 July 2015.

APULA

永大開拓新商機
2015-08-02 19:21   
http://biz.sinchew.com.my/node/120188
  
新山股友問：
我想要買永大（YONGTAI，7066，主板貿服組），它的基本因素如何，合理價是多少？

答：永大原本涉足紡織服飾零售製造領域，惟最近已進軍產業發展領域開拓新商機。至於未來業務好壞，將胥視其產業業務發展得如何，有必要作進一步跟進。

目前該公司與PTS產業有限公司聯營產業發展計劃，首個項目為99Residences產業發展計劃，第二項為TheApple-設有4星豪華酒店及服務式公寓，皆位於馬六甲，分別取得100及70%出售率。

該公司希望通過產業領域貢獻，使截至2015年6月30止財政年業績將轉虧為盈。

目前產業發展及紡織服飾零售製造業務盈利貢獻比例為60：40，後者料將持續萎縮規模。該公司有20間服飾零售店面及3間工廠。

談及該公司基本層面，讓我們看看最新業績表現及一些財務數據以供參考。

截至2015年3月31日為止第3季，該公司淨利為32萬5千令吉（每股淨利為0.81仙），前期淨虧損為66萬5千令吉（每股淨虧為1.66仙）。營業額為3千481萬7千令吉，前期為1千677萬7千令吉。該公司每股資產值為42仙。

該公司總資產為9千255萬6千令吉，主要包括現金及銀行余款為116萬8千令吉，貿易應收款項為1千932萬2千令吉，及其也應收款項為2千353萬9千令吉。

總負債為7千573萬9千令吉，包括應付款項為2千600萬5千令吉。而累積虧損為2千492萬4千令吉。該公司的股本為4千零11萬5千令吉。

合理價方面，目前沒有證券行進行剖析與推荐及給予合理價。上述一點資料供參考。（星洲日報／投資致富‧投資問診‧文：李文龍）

icy97

永大70亿发展5项目

财经  2015年08月03日
（吉隆坡3日讯）永大（YONGTAI，7066，主板贸服股）今日分別与5家公司签署合作备忘录（MOU）。该公司发出文告指出，上述5项协议，包含了5项不同的发展项目，其总发展价值（GDV）约为70亿令吉，將在未来8年在马六甲、柔佛及巴生谷进行。

其中，永大將分別向其长期的產业发展伙伴PTS產业公司以及其首席执行员巫光伦与AppleImpression公司收购PTS印象公司的所有股权。

同时，永大也向蓝鯨城（Admiral City）有限公司购买马六甲海边一幅17英亩的土地，用以建造《印象马六甲》剧场。而永大亦与后者组成联营公司，共同发展毗邻《印象马六甲》的100亩土地。

《印象马六甲》是由中国名导张艺谋联合执导，这也是其专门推介旅游及天然风光的「印象」系列中，首部海外演出。

而PTS印象是大型山水实景演出《印象马六甲》（Impression Melaka）大马独家代理兼投资人，《印象马六甲》原定在2014年公演，不过由於去年发生MH370事件，以致演出被迫推迟。

永大通过文告指出，上述2项项目分別称为「印象马六甲」及「印象城市」，总发展价值为63亿令吉。

另外，在巴生谷区域，永大分別购入蒲种的2幅土地，以及全面收购发展两幅吉隆坡相连土地的Yuten发展公司；与此同时，该公司也收购了一家拥有柔佛新山两幅永久业权土地发展权的Land &Build公司。

文告指出，该公司將在蒲种地段分別建立小型多功能办公室（SOVO）及酒店，而吉隆坡地段则將开发一幢豪华服务式公寓，而新山地段则將进行综合小型多功能办公室、酒店及办公室套房，预计巴生谷区域及柔佛新山项目的总发展价值为3亿4100万令吉及3亿6300万令吉。

永大执行董事黄奕雄今日代表该公司与5家公司签署合作备忘录。他说，该公司正不断寻求机会，通过收购土地，以推动其房地產发展未来的业务。

永大今日暂停交易以作出这项宣布，该公司將在明日恢复交易。【东方网财经】

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SIGNING OF MEMORANDUMS OF UNDERSTANDING  BY THE COMPANY WITH VARIOUS PARTIES
On behalf of the Board of Directors of YTB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company had on 3 August 2015 entered into five (5) separate memorandums of understanding (“MOUs”) with the following parties: (i)  PTS Properties Sdn Bhd (“PTS Properties”), Boo Kuang Loon and Apple Impression Sdn Bhd (“PTS Vendors”) in respect of the proposed acquisition by YTB of the entire equity interest in PTS Impression Sdn Bhd (“PTS Impression”), a company holding the rights to produce and stage a tourism stage performance known as “Impression Melaka” (“Proposed Acquisition of PTS Impression”); (ii) Admiral City Sdn Bhd (“Admiral City”) for the following: the proposed acquisition of approximately 17 acres of seafront land (“Impression Land”) located in Kawasan Bandar VI, District of Melaka Tengah, Melaka  (“Proposed Acquisition of Impression  Land”); and proposed establishment of a joint development arrangement to jointly develop approximately 100 acres of leasehold land located adjacent to the Impression Land (hereinafter referred to as “Melaka JV Land”), all of which are located in Kawasan Bandar VI, District of Melaka Tengah, Melaka (“Proposed Melaka JV”); (iii)  Pang Kwee Yin and Wong See Ming (“Terrawest Vendors”) in respect of the proposed acquisition of Terrawest Resources Sdn Bhd (“Terrawest”), a company which owns two (2) parcels of freehold and contiguous land located in Puchong, Selangor (“Terrawest Land”) for a potential property development project  (“Proposed Acquisition of Terrawest”); (iv)  Sia Chien Vui, Dato’ Sri Lee Ee Hoe and PTS Properties Sdn Bhd (“Yuten Vendors”) in respect of the proposed acquisition by YTB of the entire equity interest in Yuten Development Sdn Bhd (“Yuten”), a company which has a joint venture arrangement with Fahad Holdings Sdn Bhd to jointly develop two (2) adjoining parcels of land along Jalan U-Thant, Kuala Lumpur (“Proposed Acquisition of Yuten”); and (v)  Lim Hooi Yen and Beeh Boon Siang (“L&B Vendors”) in respect of the proposed acquisition of Land & Build Sdn Bhd (“L&B”), a company which holds the development rights to develop two (2) parcels of freehold land located in Johor Bahru (“Proposed Acquisition of L&B”). The Proposed Acquisition of PTS Impression, Proposed Acquisition of Impression Land, Proposed Melaka JV, Proposed Acquisition of Terrawest, Proposed Acquisition of Yuten and Proposed Acquisition of L&B are collectively referred to as the “Proposals”. The MOUs are not intended to be legally binding agreements and are meant only to serve as a statement of intention of the parties to the MOUs. The MOUs set out the mutual understanding of each of the parties in relation to the Proposals as to the principal terms and conditions for the Proposals. Pursuant to the MOUs, the parties have agreed to negotiate exclusively in good faith the detailed terms and conditions for each of the Proposals with the intention of entering into definitive agreements. The MOUs take effect from the date of the MOUs and shall remain in force until the expiry of three (3) months (except for the MOU entered into with Admiral City that shall remain in force until the expiry of two (2) months) from the date of the MOUs or any other date to be mutually agreed in writing by the parties. The MOUs shall be deemed terminated upon execution of the definitive agreements for the Proposals. The parties to the MOUs respectively undertake that they shall not approach any other party either directly or indirectly in relation to the Proposals during the subsistence of the MOUs. Please refer to the attachment for further details on the MOUs. This announcement is dated 3 August 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4817925

Attachments YTB Announcement - MOU (2015-08-03) (final).pdf

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Type	Announcement
Subject	OTHERS
Description	YONG TAI BERHAD ("YTB") - PRESS RELEASE
Please refer to the attached for a copy of the press release dated 3 August 2015 titled "Signing of Memorandums of Understanding by Yong Tai Berhad Carrying Potential Development Projects of RM7 Billion Gross Development Value Over the Next 8 Years". This announcement is dated 3 August 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4818177

Attachments Press Release - Signing of MOU by Yong Tai Berhad Carrying Potential Development Projects of RM7bil GDV over the next 8 years.pdf

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Date of change	27 Jul 2015
Name	IR DR. TING LAI CHOON
Age	54
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to other commitment and busy schedule
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	- Bachelor's degree in Civil Engineering from National University of Singapore (NUS) in 1985- Masters and Doctorate Degrees in Civil Engineering from NUS- Professional Engineer registered with the Board of Engineers Malaysia- Member of the Institution of Engineers Malaysia
Working experience and occupation	Ir. Dr. Ting has since worked in the engineering and construction industry for the last 25 years and has handled numerous projects both in Singapore and Malaysia. He brings along extensive experience in the field of technical and project management in the construction industry. Projects handled includes high rise buildings, factories, bridges and specialist steel structures.

heng_2009

Property venture ends Yong Tai's losses for years
Monday, 8 June 2015
http://www.thestar.com.my/Business/Business-News/2015/06/08/Property-venture-turns-Yong-Tai-around/?style=biz

By: SHARIDAN M. ALI

PETALING JAYA: Garment maker Yong Tai Bhd is banking on a venture into property development to end years of losing money.

A joint venture to build serviced apartment in Malacca has contributed to its turnaround. For the nine months ended March 31, net profit stood at RM1.1mil compared with a loss of RM1.9mil a year ago.

Revenue for the period nearly doubled to RM86mil.

“The recent results, although Yong Tai made just a small profit, are really meaningful for us,” executive director Ng Jet Heong said in a recent interview.

“We have seen the light at the end of our (long dark) tunnel,” he says.

Yong Tai had been making losses every year since 2008. The company now expects to register a profit in the current financial year ending June 30.

The company is now on a stronger financial footing following a capital reduction and rights issue exercise. The fund-raising exercise will pay for the company’s expanding property venture.

Following board approval for the company to diversify in 2012, Yong Tai formally inked a joint venture (JV) agreement with PTS Properties Sdn Bhd in 2014.

In it first property project, Yong Tai pumped RM4.4mil cash into the RM120mil serviced apartment project in Malacca.

The JV partners sell and lease back the property to take advantage of the lack of hotels and similar accommodations in the state.

“The conventional way of acquiring land bank is expensive and we lack expertise. Fortunately, PTS is willing to collaborate with us in the Malacca projects,” he says.

This led to Yong Tai’s second JV project with PTS, dubbed The Apple, a residential and the Marriot Hotel, to be completed in 2017.

Ng says Yong Tai will contribute about RM35mil to this project of RM240mil GDV. The return is estimated at RM80mil to be progressively realised up to its completion,

“We are mulling over drastic measures such as reducing retail outlets, renegotiating contracts apart from the usually practised cost cutting,” he says.

When ask on selling off the unprofitable business, Ng says it would be up to the board but the company wanted to try its best in turning around its core business first.

The company that produces its own apparel is also involved in retailing its products through 19 outlets. It also does fabric dying and contract garment manufacturing.

The group’s core business, however, continued to face tough competition from overseas.

“I am excited with the property venture. I want the company to be eventually known as a property player,” Ng said. “It’s not easy to find the right people while coping with the challenging apparel division.”

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Yong Tai eyes ‘Impression’ tourists for more revenue
By Danial Idraki / digitaledge Daily   | August 10, 2015 : 9:40 AM MYT   
http://www.theedgemarkets.com/my/article/yong-tai-eyes-%E2%80%98impression%E2%80%99-tourists-more-revenue

KUALA LUMPUR: Garment maker turned property developer Yong Tai Bhd ( Financial Dashboard) is banking on the volume of tourists that will come in from China and Singapore to drive its planned tourism-related property projects in Melaka.

Yong Tai had on Aug 3 penned five separate memoranda of understanding (MoUs) for a host of proposed business and land buys that can provide it with five potential property development projects in Melaka, Klang Valley and Johor, with a combined gross development value (GDV) of RM7 billion, spread over eight years.

One of the developments is a tourism-related mixed development in Kota Laksamana, Melaka.

It also plans to purchase PTS Impression Sdn Bhd -— a company holding the rights to produce and stage the ‘Impression Melaka’ theatre performance. Melaka is the first location outside China — where it uses the Li River in Yangshuo as its stage — to perform the show.

A theatre building project based on the natural-stage concept of the Impression series in China to house the “Impression Melaka” performances is expected to be completed by end-2017, said Yong Tai executive director Ng Jet Heong recently.

Together with the group’s proposed sea-fronting tourism-related mixed development in Kota Melaka called ‘Impression City’, Ng believes the two Melaka projects — which may potentially contribute RM6.3 billion worth of GDV — will attract more tourists to the state, particularly those from China and Singapore.

“The reason why we chose to take on the two Impression projects in Melaka is because of the China link. When I was in China and Taiwan, I was surprised that the people [there] know about Melaka, and the Impression series is very well received in China,” said Ng.

“The ticket price for an Impression show in China is steep at between RM300 and RM400. I am going to price it [competitively] and we might see many tourists who will visit Melaka and watch the show,” he added.

Another bonus point is the Kuala Lumpur-Singapore high speed rail (HSR), which he sees will bring in more tourists from across the causeway, given that Melaka lies snugly between the two capital cities.

“It is almost impossible to get a hotel room over the weekend in Melaka. The number of tourists in the state can reach up to 2 million, while the entire local population of the state is only 800,000,” he said, adding that the state’s strong demand for affordable hotels was why Yong Tai is venturing into tourism-related projects.

The other three developments the group hopes to realise are a luxury serviced apartment project in Jalan U-Thant, Kuala Lumpur, a mixed development comprising a tower block of small office versatile office (SoVo) units and a hotel in Puchong, Selangor, and a mixed development comprising retail and SoVo units, hotel and office suites in Johor Baru, Johor.

But investors do not seem too excited by the announcement of its projects, as the stock has slipped about 22% since July 31 to close at 61 sen last Friday.

Still, Yong Tai, which saw a pre-tax loss of RM7.25 million in its financial year ended June 30, 2014 (FY14) on the back of RM63.81 million turnover due to stiff competition in the garment industry, believes it is on track to return to the black after years in the red.

It saw a net profit of RM1.1 million for the nine months ended March 31 (9MFY15), compared with a net loss of RM1.9 million a year ago, thanks to its property development venture.

“For now, the composition of our business is 60% property development, and 40% [garment] manufacturing. Moving forward, hopefully we will see an 80:20 ratio in FY16,” he said.

Ng, who joined Yong Tai late last year, said the group is also looking at reintroducing a dividend policy to attract serious, long-term investors.

“Besides raising capital internally and externally, we are also looking at roping in foreign funds. They are eager to invest in properties that will be able to carry their brand name.”

This article first appeared in digitaledge Daily, on August 10, 2015.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	21,850	10,829	97,015	48,461
2	Profit/(loss) before tax	6,470	-2,624	8,090	-2,913
3	Profit/(loss) for the period	6,682	-5,362	7,752	-7,275
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,682	-5,632	7,752	-7,273
5	Basic earnings/(loss) per share (Subunit)	16.10	-13.68	18.68	-17.66
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5300		0.3900

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Type	Announcement
Subject	OTHERS
Description	Acquisition of a wholly-owned subsidiary
The Board of Directors of Yong Tai Berhad ("the Company" or "YTB") wishes to announce that the Company has on 4 September 2015 acquired a wholly-owned subsidiary known as YTB Impression Sdn. Bhd. ("YTB Impression"). YTB Impression was incorporated on 27 July 2015. The authorised share capital is RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each and the initial paid-up capital is RM2.00 divided into 2 ordinary shares of RM1.00 each. The intended principal activities of YTB Impression are property development and investment holding. The acquisition will not have any material effect on the net assets per share and earnings per share, as well as the gearing of YTB Group of Companies for the financial year ending 30 June 2016. None of the Directors and/or substantial shareholders of YTB and persons connected to them have any interests, direct or indirect, in the said incorporation. This announcement is dated 4 September 2015.

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Date of change	07 Oct 2015
Name	MR. WONG MEE YOW CHEEN @ LIEW MEE YOW CHEEN
Age	62
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to other commitment and busy schedule
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	Mr. Liew received his early education in school at Batu Pahat.
Working experience and occupation	He has many years experience in the textile industries.
Family relationship with any director and/or major shareholder of the listed issuer	He is the brother of Mr. Wong Liew Lin @ Liew Fat Lin and Mr. Liew Huat Kwang
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Direct interest: 74,744 ordinary shares of RM0.50 eachIndirect interest: 7,863,729 ordinary shares of RM0.50 each

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PTS 产业总执行长 巫光伦任永大董事

财经新闻 财经  2015-10-09 10:26
（吉隆坡8日讯）永大（YONGTAI，7066，主板贸服股）委任PTS产业总执行长巫光伦担任董事，凭着对方在产业领域资深的经验，可壮大公司的产业发展业务。

根据昨天的文告，现年43岁的巫光伦在产业发展、项目管理和建筑管理拥有逾20年的丰富经验。

他曾在马顿（MALTON，6181，主板产业股）独资子公司Domain资源私人有限公司，担任总经理至2003年，接着在Jaya33担任项目总监。

他在2007年成立PTS产业私人有限公司，目前为该公司的总执行长。【南洋网财经】

Date of change	07 Oct 2015
Name	MR BOO KUANG LOON
Age	43
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Diploma in Building, Kolej Tunku Abdul Rahman
Working experience and occupation	PTS Properties Sdn. Bhd. - Chief Executive Director (2007 until current)Jaya 33 Sdn. Bhd. - Project Director (2003 - 2007)Domain Resources Sdn. Bhd. - Project Director (1996 - 2003)
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	11,487,000 ordinary shares of RM0.50 each
Due Date for MAP	07 Feb 2016