investment bank LKY di labuan offshore, barangkali untuk memudahkan pelancong/pelabur asing untuk memindahkan wang untuk membeli hartanahnya, servis hotel, dll
banyak wang dah dilaburkan untuk menubuhkan investment bank tersebut... cun :)
Golden Touch Investment Bank Ltd 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.
Chhb moved the right move with JD.com as a biz partner
“Physical malls are re-configuring their space to offer more memorable experiences to maintain their appeal, while eCommerce players are expanding to brick-and-mortar as seen through Grab’s acquisition of Jaya Grocer and Country Heights collaboration with JD.com.”
Knight Frank says eCommerce is entering a new era, where on-demand services are becoming significantly prominent.
“Pandemic-induced trends are here to stay, with consumer needs for convenience, speed and safety remaining impelling motivators.”
Against such a backdrop, sectors that Wong likes include consumer, financial and technology in Malaysia and China. He favours the consumer sector as the country’s economy is healthy and continues to improve even when the tourism sector hasn’t fully recovered. The reopening of China’s economy, which would see Chinese tourists visiting Malaysia again, would be a tailwind for the industry.
He is also keeping an eye on the reopening of the China economy, which could see business activities picking up quickly in the world’s second-largest economy. Chinese tourists could start travelling abroad, especially to Southeast Asia, consuming a considerable amount of goods and services.
“The China government has started to allow some activities to take place, including marathons and the reopening of Shanghai Disneyland. Covid-19 restrictions have also been relaxed in major cities such as Shanghai, Hangzhou and Guangzhou. Even football and World Cup activities are back on the streets,” says Wong.
“I’m pretty sanguine that China will slowly open up next year. When it does, the Chinese tourists will be back [in Malaysia]. You will see revenge spending, just like we did. That will come. Our economy has been doing well without Chinese tourists so far. Chinese tourists flocking here would be an additional boost to the local economy.”
next year, tourists will flood the resorts/hotels... fingers crossed
CNN Travel revelation gives Ipoh a boost NATION Monday, 26 Dec 2022
12:11 PM MYT IPOH: With Ipoh mentioned as the first destination in the list of 18 of Asia's Most Underrated Places by the CNN Travel portal, the Perak state government is further intensifying promotions to attract as many tourists and investors as possible to the state capital.
State Housing and Local Government Committee chairman, Sandrea Ng Shy Ching said the committee would continue to utilise various platforms to introduce Ipoh so that more people have the opportunity to visit and experience the city's special features.
"Ipoh has always been known for its unique history, charm, food and atmosphere.
https://www.nst.com.my › 2022/04 Country Heights will reappear on investors' radar as it begins to ... 22 Apr 2022 — Country Heights Holdings Berhad (CHHB) is set to reappear on the radar of investors as management begins to implement new plans that will
CHHB is planning to invest RM250 million in capital expenditure for the next five years to develop JDMines, with the first physical store occupying 150,000 sq ft of retail space on the ground floor of the company’s Mines International Exhibition and Convention Centre (MIECC).
JDMines, which was soft-launched in April this year, is targeted to be officially launched in 4Q2022 and the first store at MIECC is slated to be completed in 2H2023. The company is also planning to roll out another five mega stores nationwide within five years, says Lim. “JDMines is a huge initiative and the one in MIECC is going to be the first physical store. We will continue to look for the right locales in the north and south [for the other stores].”
Meanwhile, the company is planning to explore opportunities in the logistics space as well as data centres and crypto mining.
“We’re very serious about warehousing logistics, which is kind of a low-hanging fruit because we have the assets. We will also launch industrial estates, which will fit in quite nicely,” says Lim.
CHHB is planning to launch a 60-unit industrial estate in Pajam, Negeri Sembilan, in 2H2022. Each unit, he says, is about 2,600 sq ft in built-up. “There is quite a lot of demand for such properties for storage and logistics support.”
According to him, the company is also thinking about renewable energy. “We already have the perfect foundation for floating solar panels because we own the 150-acre lake at MWC. We’re exploring technologies and energy storage. When I say it’s in the works, this is our direction and we’re very seriously exploring it.”
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.
IN recent months, investors in Country Heights Holdings Bhd (CHHB) — a property conglomerate controlled by tycoon Tan Sri Lee Kim Yew — have been on a bit of a roller-coaster ride as its share price touched multi-year highs at one point, before easing to hit limit down in less than six months.
Trading activity in CHHB shares was relatively muted at the onset of the Covid-19 pandemic in March 2020 until Oct 7 last year, when the counter saw a pickup in its share price, rising 18 sen, or 15%, to close at a two-year high of RM1.40.
HHB Top Shareholders Total Shares (Quantity) 252.91M Total Shares (%) 85.97%
Name % Shares Position Change Value Record Date LIM & TAN SECURITIES PTE LTD 15.93 46,843,669 NEW 17.57M 01 Apr 22 COUNTRY HEIGHTS INTERNATIONAL SDN BHD 15.61 45,901,600 - 17.21M 01 Apr 22 COUNTRY HEIGHTS VENTURE SDN BHD 13.41 39,425,000 - 14.78M 01 Apr 22 CGS -CIMB NOMINEES (TEMPATAN) SDN BHD (199401012249) EXEMPT AN FOR CGS-CIMB SECURITIES (SINGAPORE) PTE. LTD 10.20 30,004,000 NEW 11.25M 01 Apr 22 OOI CHIENG SIM 4.60 13,550,000 - 5.08M 01 Apr 22
Big jump back to RM1 to RM2 tak payah bagi alsan lagi kot? :)
KUALA LUMPUR (May 18): Country Heights Holdings Bhd (CHHB) informed Bursa Malaysia on Wednesday (May 18) that it was not aware of any corporate development that would have caused the sharp fall in its share price.
The group also stressed that it is in compliance with the Bursa Securities Listing Requirements on immediate disclosure obligations.
CHHB had opened one sen higher at RM1.20 but thereafter inexplicably nosedived on heavy trading volume to 83.5 sen — dropping 35.5 sen or 30% — hitting limit down and triggering an unusual market activity (UMA) query by Bursa Malaysia.
The company is valued at RM247.99 million based on the stock price of 83.5 sen.
In late April this year, the group said it intended to invest about RM250 million in capital expenditure (capex) for the next five years following its partnership with Beijing Wodong Tianjun Information Technology Co Ltd (JD.com) to develop an omnichannel business model in Malaysia.
CHHB managing director Datuk Jared Lim said the group had allocated RM50 million funding for the initial expenditure of the first flagship physical store spanning 150,000 sq ft of retail space on the ground floor of the Mines International Exhibition and Convention Centre (MIECC).
Meanwhile, the group said its management had identified assets worth RM300 million to be disposed of, comprising various plots of land, ready bungalow units, and apartments across the Klang Valley, Negeri Sembilan and Kedah.
On the group’s expansion plans, Lim said these are underway for CHHB’s healthcare division, which will see a Traditional Chinese Medicine (TCM) Hospital and confinement care unit added to its Wellness Building.
The group is targeting to achieve between RM10 million and RM12 million in net profit from its healthcare segment by 2023.
Meanwhile, its resort and hospitality division is working on the relaunch of Mines Beach Resort hotel, which includes the introduction of water sports, fishing and Mines golf packages.
KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) memperuntukkan perbelanjaan modal (capex) sebanyak RM100 juta untuk mempelbagaikan dan mengukuhkan segmen perniagaan kesejahteraan, salah satu perniagaannya yang mencatatkan prestasi terbaik semasa pandemik COVID-19.
Pengasas dan pemegang saham utama CHHB, Tan Sri Lee Kim Yew memberitahu pemberita selepas mesyuarat agung tahunan kumpulan itu hari ini bahawa kerajaan Malaysia telah memperjuangkan pelancongan perubatan sebelum penularan COVID-19 dan kumpulan itu telah menunjukkan prestasi yang sangat baik dalam segmen itu semasa pandemik.
Anak syarikat penjagaan kesihatan kumpulan itu, GHHS Healthcare mencatatkan keuntungan RM3.23 juta pada 2021 dengan jumlah perolehan sebanyak RM26.72 juta, katanya.
Kim Yew berkata, wujud potensi besar dalam segmen tersebut dan kumpulan itu menyasarkan untuk mengembangkannya sebanyak tiga atau empat kali ganda lagi.
"Kami mahu menempatkan semula perniagaan kesejahteraan menjadi cabang baharu pelancongan kesihatan, ia sebenarnya adalah pasaran yang lebih besar berbanding pelancongan perubatan," katanya.
Beliau berkata jika seseorang itu mempertimbangkan perniagaan spa, program pemulihan dan estetik, antara produk kesejahteraan teratas dalam segmen kesihatan, ia mempunyai pasaran yang jauh lebih besar kerana pelanggan mungkin memerlukan masa yang lebih lama untuk berehat, katanya.
"Rawatan seperti dalam pelancongan perubatan mungkin mengambil masa satu hingga dua minggu tetapi apabila membabit pelancongan kesejahteraan, ia mungkin mengambil masa berbulan-bulan dan ia adalah sebab kami cuba untuk mempromosikan pelancongan kesejahteraan," katanya.
Mengenai rancangan pengembangan, beliau berkata bahagian kesihatan akan berkembang ke bangunan baharu tahun ini dengan hospital perubatan tradisional Cina (TCM) disasarkan untuk dilancarkan pada separuh kedua dan pusat berpantang ibu selepas bersalin disasarkan ditubuhkan pada 2023.
Mengenai capex RM100 juta, Lee berkata ia akan digunakan untuk meningkatkan peralatan, mempertingkatkan tahap prestasi pekerja dan modal kerja.
Lee berkata dana untuk capex itu adalah hasil daripada terbitan saham, penjualan aset serta usaha sama.
Kumpulan itu mengambil langkah untuk mencairkan saham hartanahnya melalui program jualan CHHB dengan sasaran jualan sebanyak RM300 juta.
"Kami mempunyai aset (tahap tinggi) tetapi daripada segi kecairan, ia tidak banyak hari ini. Mudah tunai adalah satu cabaran selepas pandemik dan ketika fasa pemulihan. Kami menggesa bank supaya meneliti kaedah penilaian mereka apabila membiayai sebuah syarikat.
"Diharapkan ia tidak berdasarkan aliran tunai semata-mata walaupun itu penting tetapi (syarikat) juga mesti dinilai berdasarkan idea perniagaan yang mantap," katanya. – Bernama
A property conglomerate that primarily focuses on property development and investment holdings, with subsidiaries involved in diverse industries such as health, hospitality, membership & tourism and education. CHHB's total assets stand at over RM 2 billion, including investment properties of over RM 95 million.
Name : Country Heights Holdings Berhad (CHHB) Year Founded : 1984 Year Listed : 1994 on Bursa Malaysia Securities Berhad, Main Board, Properties Sector Stock Name : CHHB Stock Code : 5738 Issued & Paid up Share Capital : RM275,707,403 Subsidiary Companies : 50 Associate Companies : 1
CORE BUSINESSES Built on our company's FIVE core values of Nature, Love, Quality, Style & Excellence: CHHB dedicates its business development and operations around projects that provide sustainability to our environment, value-added investments to our stakeholders and unparalleled service to our customers. With experience of nurturing land price appreciation to over 100%, CHHB continues to expand its businesses with values we are founded upon.
Our flagship development - the Mines Wellness City, is Malaysia's first Wellness Hub gazetted under the Malaysian Government's Economic Transformation Programme (ETP) launched in 2011. Existing award-winning commercial, hospitality and wellness facilities surround a 150-acre serene lake provide the best setting for future wellness related businesses to thrive. To find out more about Mines Wellness City and its exclusive ETP tax exemptions, log onto: www.mineswellnesscity.com.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
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Posted by Good123 > 2022-12-23 11:49 | Report Abuse
Syernya dipindahkan kpd investment banknya di labuan..offshore... mungkin mau buat foundation untuk keluarganya, dll