COUNTRY HEIGHTS HOLDINGS BHD

KLSE (MYR): CHHB (5738)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.22

Today's Change

-0.01 (4.35%)

Day's Change

0.22 - 0.22

Trading Volume

3,500


4 people like this.

1,869 comment(s). Last comment by alienbiru 2 weeks ago

jojo85

458 posts

Posted by jojo85 > 2022-12-06 17:09 | Report Abuse

Today close with doji..Tomolo is confirmation of morning star..myb yes myb not..

gaidan

58 posts

Posted by gaidan > 2022-12-07 14:16 | Report Abuse

it's not..

jojo85

458 posts

Posted by jojo85 > 2022-12-07 18:26 | Report Abuse

Cabut lali..

lamy92

745 posts

Posted by lamy92 > 2022-12-07 20:02 | Report Abuse

Collect more.. Zahid stock.. Hot company

Good123

26,432 posts

Posted by Good123 > 2022-12-08 18:54 | Report Abuse

Highest Price 1.6200 First Occurred on 22/08/2014
Lowest Price 0.3500 First Occurred on 18/10/2022
Highest Volume 9.600m First Occurred on 20/04/2011

Good123

26,432 posts

Posted by Good123 > 2022-12-08 18:56 | Report Abuse

10-Jun-2022 13-Jun-2022 Exercise of Warrants 2,000,000 1.200
10-Jun-2022 13-Jun-2022 Exercise of Warrants 2,000,000 1.200
07-Jun-2022 08-Jun-2022 Exercise of Warrants 1,000,000 1.200
25-Apr-2022 26-Apr-2022 Exercise of Warrants 726,000 1.200
15-Apr-2022 18-Apr-2022 Exercise of Warrants 62,000 1.200
17-Mar-2022 18-Mar-2022 Exercise of Warrants 707,000 1.200
10-Mar-2022 11-Mar-2022 Exercise of Warrants 1,833,800 1.200
03-Mar-2022 04-Mar-2022 Exercise of Warrants 2,104,800 1.200
21-Feb-2022 22-Feb-2022 Private Placement 15,837,900 1.327
11-Jan-2022 12-Jan-2022 Exercise of Warrants 10,000 1.200

Good123

26,432 posts

Posted by Good123 > 2022-12-08 22:24 | Report Abuse


KUALA LUMPUR (Dec 8): Tycoon Tan Sri Lee Kim Yew has trimmed his stake in Country Heights Holdings Bhd to 60.331%, from 60.604% previously.

Lee disposed of 810,811 shares in the property developer via off market transactions on Tuesday (Dec 6).

This leaves Lee with a 26.207% direct stake (77.77 million shares) and 34.124% indirect stake (101.26 million shares) in Country Heights, the group’s bourse filing showed.

The disposal was in accordance with a master share sale and purchase agreement with Equity First Holdings LLC announced on June 8, under which Lee sells shares held in Country Heights, and has the right to repurchase the shares at a pre-agreed price at the maturity date.

Country Heights’ share price closed unchanged at 39.5 sen on Thursday (Dec 8), giving the group a market capitalisation of RM117.71 million. The stock has depreciated 77.43% since the beginning of this year.

curiousq

1,083 posts

Posted by curiousq > 2022-12-08 23:00 | Report Abuse

has depreciated 77.43% since the beginning of this year ah? so...... terrible!!!

Good123

26,432 posts

Posted by Good123 > 2022-12-09 08:47 | Report Abuse

pembeli syer direct akan goreng syer ka?

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
08/12/2022 00:00:00 0.4000 0.0050 6.500m 6.500m 2.600m 2.600m 0.4000 2.1667 -
06/12/2022 00:00:00 0.4300 - 810,811 810,811 348,649 348,649 0.4300 0.2703 -

Good123

26,432 posts

Posted by Good123 > 2022-12-09 08:48 | Report Abuse

very likely 40sen+++++++++++++++ today let's see

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:09 | Report Abuse

dah dijangka... free float naik dari jualan syer pengasas... harga syer bercenderung untuk naik

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:10 | Report Abuse

pembeli blok syer pengasas... juga dijangka akan menyapu lebih banyak syer lagi dari pasaran terbuka

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
08/12/2022 00:00:00 0.4000 0.0050 6.500m 6.500m 2.600m 2.600m 0.4000 2.1667 -
06/12/2022 00:00:00 0.4300 - 810,811 810,811 348,649 348,649 0.4300 0.2703 -

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:38 | Report Abuse

more tourists, chhb will perform better in months to come
Summary from 25/08/2009 to 08/12/2022
Highest Price 1.6200 First Occurred on 22/08/2014
Lowest Price 0.3500 First Occurred on 18/10/2022
Highest Volume 9.600m First Occurred on 20/04/2011
History

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:40 | Report Abuse

Exhibition and Convention Division:
 In an immediate response, the industry sees a surge in the logistic industry.
Hence the exhibition and convention division via MIECC has offered its 150,000
sqft to be a warehouse and distribution space.
 MIECC's predominant focus is on internal upgrades and improvements while
also building relationships with strategic partners for the eventual reopening of
the industry.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:41 | Report Abuse

GHHS is also in collaboration with Institute for Medical Research Malaysia (IMR) & the
MOH to produce & distribute maggot debridement therapy to clinics and hospitals in
Malaysia for wound care treatment.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:41 | Report Abuse

Digital Transformation
 Mines Wellness City will be the first township in Malaysia to use smart city app
and will be called the M Smart City App (MSA), with cryptocurrency enablement.
The Mines community would benefit from integrated digital services, cutting edge
community engagement and smart city management all on one smart city app.
With its mobile community platform solution users can conveniently do multiple
things online on their phone and local businesses can better serve and connect
with their customers.
 JD.com is one of the top 2 B2C e-commerce platforms in China. A partnership
with CHHB will be a clear signal to the market that CHHB is intent on
transforming its business model into the digital age. The partnership involves
using MIECC to be the flag store for curated JD.com merchandise as well as
warehouse centre for the initial launch; CHHB will also purchase a minimum of
RMB10m of merchandise at the onset; Upon successful milestone, CHHB will
expand 2 more flagship stores in the south and the north of Malaysia.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:49 | Report Abuse

On 9 February 2022, the Company is pleased to announce that the Company has fixed
the issue price of the Placement Shares at RM1.3270 per Placement Share to be issued
pursuant to the Private Placement. The company has fixed the issue price of the
Placement Shares at RM1.3270 per Placement Share exercised of 15,837,900 shares
with the total value of net received of RM21,016,893.30 on 22 February 2022.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:50 | Report Abuse

Status of Utilisation of Proceeds from Corporate Proposals
Details of the utilization of proceeds set out in the Initial Announcement. As per Section 2.6
of the Initial Announcement, the gross proceeds to be raised from the Proposed Private
Placement is approximately RM58.81 million which was expected to be utilized by the
Group in the following manner:
Proposed
Amount
Utilised
Amount
RM'000 RM'000
Utilisation of proceeds
Repayment of bank borrowings 10,000 7,231
Partial financing of the construction cost for:
1) Mines Wellness Suites project 7,000 2,000
2) College Heights Estate project 5,000 3,000
Business expansion in healthcare division via the
setting up of :
1) TCM hospital 5,000 4,000
2) Confinement centre 10,000 3,000
Mobile application development cost for MSA 15,000
General working capital 5,215 1,086
Estimated expenses for the Proposed Private 1,600 700
Placement
Total Utilisation of Proceeds as at 24.05.2022 58,815 21,017

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:51 | Report Abuse

Inventories
As at As at
30-Sep-22 30-Sep-21
RM’000 RM’000
Land held for property development 159,853 159,269
Property development cost 137,161 138,219
Others 94,767 95,692
231,928 233,911

Good123

26,432 posts

Posted by Good123 > 2022-12-09 09:53 | Report Abuse

As part of its transformation plans, Country Heights Holdings Bhd (CHHB) has identified RM300 million worth of existing assets that the company plans to monetise through a property sales programme.

CHHB managing director Datuk Jared Lim tells City & Country in an exclusive interview that the company is in the midst of enhancing these properties. “We’re launching a sales programme at attractive prices in the current market to monetise our land bank, and our [profit] margins are very attractive.

“Buyers can look forward to [purchasing] completed properties with showhouse designs because we are collaborating with designers and contractors for this. There are no risks because the properties are completed. Basically, what you see is what you get.”

Lim says that the company is targeting to achieve the RM300 million from the sales programme within three years.

One of the properties featured in the sales programme is the company’s newly rebranded Cloud Life wellness-centric commercial development (formerly the Mines Wellness Suites launched in 2014) located next to the existing Mines Waterfront Business Park in Mines Wellness City (MWC). Part of the 1,300-acre Mines Resort City, MWC is an integrated health and wellness development spanning 800 acres and surrounding a 150-acre lake.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 10:22 | Report Abuse

OTHERS COUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" OR "THE COMPANY") - NOTIFICATION ON CHANGE IN THE INTEREST OF DIRECTOR AND SUBSTANTIAL SHAREHOLDER, TAN SRI LEE KIM TIONG @ LEE KIM YEW
COUNTRY HEIGHTS HOLDINGS BHD

Type Announcement
Subject OTHERS
Description COUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" OR "THE COMPANY") - NOTIFICATION ON CHANGE IN THE INTEREST OF DIRECTOR AND SUBSTANTIAL SHAREHOLDER, TAN SRI LEE KIM TIONG @ LEE KIM YEW
The Board of Directors of CHHB has on 6 December 2022 received a notification from Tan Sri Lee Kim Tiong @ Lee Kim Yew (“Tan Sri Lee”) pursuant to Sections 219 and 137 of the Companies Act, 2016 that Tan Sri Lee sold 810,811 ordinary shares held in CHHB pursuant to the Master Share Sale and Purchase Agreement (" Agreement") with Equity First Holdings LLC, details of the said Agreement as announced on 8 June 2022.



Tan Sri Lee's interest in the ordinary shares of CHHB after the above diaposal is as below:

Direct interest : 77,766,389 shares (26.207%)

Indirect interest: 101,257,931 shares (34.124%)



This announcement is dated 8 December 2022





Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 08 Dec 2022
Category General Announcement for PLC
Reference Number GA1-06122022-00072

leedavid

414 posts

Posted by leedavid > 2022-12-09 11:09 | Report Abuse

buy this zahid hamidi counter

Good123

26,432 posts

Posted by Good123 > 2022-12-09 14:54 | Report Abuse

It will rise further so that new private placement will be issued at higher price

Good123

26,432 posts

Posted by Good123 > 2022-12-09 14:54 | Report Abuse

Its resorts will perform better post pandemic

Good123

26,432 posts

Posted by Good123 > 2022-12-09 14:55 | Report Abuse

Economy has opened in most countries including Malaysia

Time to accumulate some but dont be greedy, diversify to reduce overall portfolio risk

Good123

26,432 posts

Posted by Good123 > 2022-12-09 14:57 | Report Abuse

That guy who bought direct at 43sen for several million shares will surely buy more from the open market via proxies, etc ... Expected lah

Good123

26,432 posts

Posted by Good123 > 2022-12-09 16:32 | Report Abuse

Friday, 02 Dec 2022 8:01 PM MYT
GEORGE TOWN, Dec 2 — Malaysia has recorded a high rise in foreign tourist arrivals after the reopening of the border last April, according to Tourism Malaysia director-general Datuk Zainuddin Abdul Wahab.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 16:33 | Report Abuse

Q4, 2022, much better results are expected :)
Tourism Malaysia is optimistic to achieve the government’s target of getting 9.2 million foreign tourists visiting Malaysia in 2022.

Good123

26,432 posts

Posted by Good123 > 2022-12-09 18:05 | Report Abuse

10-Jun-2022 13-Jun-2022 Exercise of Warrants 2,000,000 1.200
10-Jun-2022 13-Jun-2022 Exercise of Warrants 2,000,000 1.200
07-Jun-2022 08-Jun-2022 Exercise of Warrants 1,000,000 1.200
25-Apr-2022 26-Apr-2022 Exercise of Warrants 726,000 1.200
15-Apr-2022 18-Apr-2022 Exercise of Warrants 62,000 1.200
17-Mar-2022 18-Mar-2022 Exercise of Warrants 707,000 1.200
10-Mar-2022 11-Mar-2022 Exercise of Warrants 1,833,800 1.200
03-Mar-2022 04-Mar-2022 Exercise of Warrants 2,104,800 1.200
21-Feb-2022 22-Feb-2022 Private Placement 15,837,900 1.327
11-Jan-2022 12-Jan-2022 Exercise of Warrants 10,000 1.200

Good123

26,432 posts

Posted by Good123 > 2022-12-09 18:08 | Report Abuse

On Dec 28 last year, Country Heights hit limit up when it surged to a multi-year high of RM2.14 before closing at RM1.98 following an announcement that it had entered into a licensing and collaboration agreement with Beijing Wodong Tianjun Information Technology Co Ltd, a wholly-owned subsidiary of JD.com which is a leading technology-driven e-commerce company in China.

The collaboration will lead to the development of JD.com’s omnichannel business model using its technologies and Country Heights’ resources for the Malaysian market.

jojo85

458 posts

Posted by jojo85 > 2022-12-09 19:12 | Report Abuse

@Good123, apa khabar pasukgb? Fly to the moon oledi? Is That why u switched here? Kikikih

Good123

26,432 posts

Posted by Good123 > 2022-12-12 14:57 | Report Abuse

direct biz transactions pun 40sen/// luar biasa... dah mau pancut kot? :)
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
08/12/2022 00:00:00 0.4000 0.0050 6.500m 6.500m 2.600m 2.600m 0.4000 2.1667 -
06/12/2022 00:00:00 0.4300 - 810,811 810,811 348,649 348,649 0.4300 0.2703 -

Good123

26,432 posts

Posted by Good123 > 2022-12-12 17:57 | Report Abuse

BUY N HOLD TILL THE BIZ PLAN IS FULLY IMPLEMENTED...

https://www.theedgemarkets.com/article/country-heights-monetise-assets-worth-rm300-mil-drive-transformation-plans

Good123

26,432 posts

Posted by Good123 > 2022-12-12 17:58 | Report Abuse

Saya opportunis, dimana ada peluang, kamu akan nampak saya :)

@jojo85

@Good123, apa khabar pasukgb? Fly to the moon oledi? Is That why u switched here? Kikikih

2 days ago

Good123

26,432 posts

Posted by Good123 > 2022-12-12 18:59 | Report Abuse

52 Weeks Range

0.335 - 2.77

jojo85

458 posts

Posted by jojo85 > 2022-12-12 20:00 | Report Abuse

3th straignt doji..reentry oppotunity? Or just a bait?

lamy92

745 posts

Posted by lamy92 > 2022-12-12 21:42 | Report Abuse

Rileks.. Wednesday all in

Good123

26,432 posts

Posted by Good123 > 2022-12-13 08:26 | Report Abuse




History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
08/12/2022 00:00:00 0.4000 0.0050 6.500m 6.500m 2.600m 2.600m 0.4000 2.1667 -
06/12/2022 00:00:00 0.4300 - 810,811 810,811 348,649 348,649 0.4300 0.2703 -
<%-- for fixing scrollbar--%>
Save Print Back

5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : LEE KIM TIONG @ LEE KIM YEW
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 : 09/12/2022
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 08/12/2022 Disposed 6,500,000 -
Circumstances by reason of which change has occurred:
Disposal in off market transaction
Nature of Interest:
Direct and Indirect Interest
Consideration:

No of Shares Held After Changes:
Direct : 77,766,389 shares (26.2070%)
Indirect/Deemed Interest : 94,757,931 shares (31.9330%)
Total : 172,524,320 shares
Remarks:
Total number of ordinary shares : 296,738,903 (excluding treasury shares
3,250,000)
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:

09/12/2022 07:00 AM


Ref Code: 202212093600138

Good123

26,432 posts

Posted by Good123 > 2022-12-13 10:16 | Report Abuse

Date

Price

Open

High

Low

Vol.

Change %
12/01/2022 0.395 0.400 0.470 0.390 261.20K -1.25%
11/01/2022 0.400 0.350 0.400 0.335 8.76M +14.29%
10/01/2022 0.350 0.355 0.405 0.340 14.56M -1.41%
09/01/2022 0.355 0.440 0.440 0.340 25.02M -19.32%
08/01/2022 0.440 0.555 0.575 0.435 33.81M -22.12%
07/01/2022 0.565 0.680 0.690 0.465 58.02M -16.91%
06/01/2022 0.680 0.750 0.770 0.680 52.11M -9.33%
05/01/2022 0.750 1.390 1.460 0.670 192.39M -46.04%
04/01/2022 1.390 1.380 1.630 1.330 135.56M +0.72%
03/01/2022 1.380 2.400 2.530 1.160 142.62M -43.21%
02/01/2022 2.430 1.490 2.770 1.430 77.07M +64.19%
01/01/2022 1.480 1.770 1.770 1.340 18.21M -16.38%
12/01/2021 1.770 1.460 2.140 1.430 23.38M +21.23%
11/01/2021 1.460 1.490 1.600 1.400 3.93M -2.67%
10/01/2021 1.500 1.200 1.600 1.140 3.07M +26.05%
09/01/2021 1.190 1.180 1.250 1.140 224.00K 0.00%
08/01/2021 1.190 1.180 1.200 1.150 215.40K 0.00%
07/01/2021 1.190 1.220 1.230 1.140 286.20K -5.56%
06/01/2021 1.260 1.400 1.400 1.190 632.50K -9.35%
05/01/2021 1.390 1.350 1.410 1.240 473.00K +2.96%
04/01/2021 1.350 1.410 1.440 1.350 3.19M -4.93%
03/01/2021 1.420 1.440 1.470 1.350 11.15M 0.00%
02/01/2021 1.420 1.430 1.480 1.360 7.21M -0.70%
01/01/2021 1.430 1.270 1.430 1.220 4.90M +13.49%
Highest: 2.770 Lowest: 0.335 Difference: 2.435 Average: 1.133 Change %: -68.651

Good123

26,432 posts

Posted by Good123 > 2022-12-13 10:44 | Report Abuse

https://gti-bank.com/


Bank ni beli syer LKY

GOLDEN TOUCH INVESTMENT BANK LTD



Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
COUNTRY HEIGHTS HOLDINGS BHD

Particulars of substantial Securities Holder
Name TAN SRI LEE KIM TIONG @ LEE KIM YEW
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 08 Dec 2022
6,500,000
Disposed Indirect Interest
Name of registered holder M&A NOMINEE (TEMPATAN) SDN BHD FOR GOLDEN TOUCH INVESTMENT BANK LTD
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal in off market transaction
Nature of interest Direct and Indirect Interest
Direct (units) 77,766,389
Direct (%) 26.207
Indirect/deemed interest (units) 94,757,931
Indirect/deemed interest (%) 31.933
Total no of securities after change 172,524,320
Date of notice 09 Dec 2022
Date notice received by Listed Issuer 09 Dec 2022


Remarks :
Total number of ordinary shares : 296,738,903 (excluding treasury shares 3,250,000)

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 09 Dec 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-09122022-00014

Good123

26,432 posts

Posted by Good123 > 2022-12-13 11:02 | Report Abuse


Date Open High Low Close Change Volume
2022-12-12 0.395 0.40 0.39 0.395 0.00 (0.00%) 261,200
2022-12-09 0.395 0.40 0.39 0.395 0.00 (0.00%) 536,800
2022-12-08 0.395 0.40 0.385 0.395 0.00 (0.00%) 182,100
2022-12-07 0.425 0.425 0.39 0.395 -0.035 (8.139%) 965,600
2022-12-06 0.43 0.435 0.425 0.43 0.00 (0.00%) 524,100
2022-12-05 0.425 0.44 0.425 0.43 0.00 (0.00%) 1,597,800
2022-12-02 0.44 0.445 0.425 0.43 -0.015 (3.37%) 968,500
2022-12-01 0.40 0.47 0.39 0.445 +0.045 (11.25%) 3,465,500
2022-11-30 0.375 0.40 0.375 0.40 +0.035 (9.589%) 1,754,400
2022-11-29 0.365 0.385 0.365 0.365 +0.005 (1.388%) 127,400
2022-11-25 0.37 0.37 0.36 0.36 -0.005 (1.369%) 221,300
2022-11-24 0.35 0.365 0.35 0.365 +0.015 (4.285%) 390,400
2022-11-23 0.345 0.35 0.345 0.35 +0.005 (1.449%) 76,200
2022-11-22 0.345 0.345 0.345 0.345 0.00 (0.00%) 460,400
2022-11-21 0.35 0.35 0.345 0.345 -0.005 (1.428%) 196,300
2022-11-17 0.365 0.365 0.35 0.35 -0.02 (5.405%) 441,000
2022-11-16 0.37 0.375 0.355 0.37 -0.005 (1.333%) 818,700
2022-11-15 0.345 0.385 0.345 0.375 +0.03 (8.695%) 973,200
2022-11-14 0.35 0.35 0.345 0.345 -0.005 (1.428%) 100,300

Good123

26,432 posts

Posted by Good123 > 2022-12-13 15:19 | Report Abuse

Short Term Liabilities: CHHB's short term assets (MYR306.0M) exceed its short term liabilities (MYR189.8M).

Good123

26,432 posts

Posted by Good123 > 2022-12-13 15:33 | Report Abuse

Highest Price 1.6200 First Occurred on 22/08/2014
Lowest Price 0.3500 First Occurred on 18/10/2022
Highest Volume 9.600m First Occurred on 20/04/2011

Good123

26,432 posts

Posted by Good123 > 2022-12-14 08:38 | Report Abuse

untung besar nanti bagi sesiapa yang beli dan simpan dahulu :)

Good123

26,432 posts

Posted by Good123 > 2022-12-14 08:47 | Report Abuse

Looking at the big biz plan, fundraising exercise via private placement is needed pretty soon.

So, the share price will be boosted first. Otherwise, LKY rugi besar as the largest shareholder

Good123

26,432 posts

Posted by Good123 > 2022-12-14 12:25 | Report Abuse

China started to ease zero covid policy, more tourists will come to stay at CHHB's resort hotels, etc.........

Its hotel biz should rebound next year

Good123

26,432 posts

Posted by Good123 > 2022-12-14 12:28 | Report Abuse

next year, great things to happen, etc.

The issue price for the private placement was fixed at RM1.327 per share on Feb 9.

Last December, CHHB also announced its collaboration with Beijing Wodong Tianjun Information Technology Co Ltd, a wholly-owned subsidiary of China’s largest online retailer JD.com.

The group said it planned to invest RM250 million in capital expenditure over five years for the omni-channel business with JD.com. The announcement led to a surge in CHHB’s share price, which peaked at RM1.98 on Dec 29, 2021 — a 37% jump from its close of RM1.45 a week earlier.

Two weeks later, CHHB made headlines again with its participation in a consortium comprising SMTrack Bhd, Jiankun International Bhd, Sersol Bhd, Techna-X Bhd and MQ Technology Bhd, which will be working with 5G Infra Tech Solution Sdn Bhd (5GInfraTech) to raise funds for 5G and fibre optics-related projects by Digital Nasional Bhd.

Good123

26,432 posts

Posted by Good123 > 2022-12-14 12:29 | Report Abuse

expecting an extradinary recovery in its share price

ecently, CHHB’s share price took a nosedive, dropping 19 sen, or 14%, to RM1.19, from RM1.38, on May 17, and plunging further by 35.5 sen, or 39%, to 83.5 sen the following day (May 18).

This was followed by an unusual market activity (UMA) query by Bursa, alongside a spike in trading volume and its share price hitting limit down, although CHHB in its response said it was unaware of any corporate development that would have caused the sharp fall in its stock.

The recent plunge marked a 67% drop since its peak of RM2.50 on Feb 25, wiping out RM494.5 million in market capitalisation in less than three months.

Besides the recent ventures, the group has been announcing various other diversification plans over the past five years, often in areas diverging from its existing core business — ranging from blockchain to healthcare, as well as Islamic finance. This raises the question of what exactly CHHB has in its plans and whether it can deliver on these proposals.

Good123

26,432 posts

Posted by Good123 > 2022-12-14 12:31 | Report Abuse

expected to show results next year :)

UALA LUMPUR (Dec 28): Country Heights Holdings Bhd (CHHB) has inked a licensing agreement and a collaboration agreement with Beijing Wodong Tianjun Information Technology Co Ltd (JD.com) as part of its digital transformation plan.

It said the agreement is to develop JD.com’s omni-channel business model using JD.com technologies and CHHB’s resources for the Malaysian market.

JD.com is a B2C online retailer in China, and it started as an online magneto-optical store but soon diversified, selling electronics, mobile phones, computers, and similar items.

Good123

26,432 posts

Posted by Good123 > 2022-12-14 13:48 | Report Abuse

Sesiapa yg dapat beli pada 40sen atau lebih rendah pasti untung kelak. Bank ni beli beberapa juta syer secara direct drp lky pun perlu bayar 40sen.

Type of Transaction Nature of Interest
1 08 Dec 2022
6,500,000
Disposed Indirect Interest
Name of registered holder M&A NOMINEE (TEMPATAN) SDN BHD FOR GOLDEN TOUCH INVESTMENT BANK LTD

Post a Comment
Market Buzz