COUNTRY HEIGHTS HOLDINGS BHD

KLSE (MYR): CHHB (5738)

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4 people like this.

1,869 comment(s). Last comment by alienbiru 3 weeks ago

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:17 | Report Abuse

usah lokek dengan beberapa sen haha

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:21 | Report Abuse

segalanya dah beres... tunggu je

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:22 | Report Abuse

i think, close at 25sen nanti fingers crossed

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:26 | Report Abuse

corp structure pun ok :)

70% Borneo Heights Sdn Bhd
100% Country Heights Smart Living Sdn. Bhd. (F.K.A College Heights Utara Sdn. Bhd.)
100% Country Heights Commercial Development Sdn Bhd
100% Country Heights Development Sdn Bhd
100% Country Heights eMarketing Services Sdn Bhd
100% Country Heights Global Ltd
100% Country Heights Industries Sdn Bhd
100% Country Heights Properties Sdn Bhd
100% Country Heights Property Development Berhad
100% Country Heights Resorts & Leisure Sdn Bhd
100% Country Heights Resources Management (M) Sdn Bhd
100% Country Heights Sdn Bhd
100% Country Heights Sea Resort Sdn Bhd
100% Country Heights W.T.C. Sdn Bhd
100% Grand Wellness Hub Sdn Bhd
81% Golden Horse Palace Berhad
100% Hasil Cermat Sdn Bhd
100% Magnitude Knight (M) Sdn Bhd
100% Malaysia Trade & Distribution Centre (Rotterdam) Sdn Bhd
60% Mines Global Holidays & Travel Sdn Bhd
100% Mines Holdings Sdn Bhd
47.50% Simplex Design Sdn Bhd (Associate Company)
69% Stallion Management Sdn Bhd
100% Tadika Sri Moral Sdn Bhd
100% Tindak Murni Sdn Bhd
100% Versatile Champion Sdn Bhd
100% Walum Enterprise Sdn Bhd

ks55

4,245 posts

Posted by ks55 > 2024-03-07 16:27 | Report Abuse

Malam ini tak boleh keluar QR, esok suspended.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:28 | Report Abuse

2022, 2021, 2020, 2019 & 2018 :)

Total Assets 1,210,478 1,313,435 1,332,819 1,389,982 1,392,236
Total Liabilities 487,836 515,308 538,645 553,802 517,039
Share Capital net of treasury shares RM 379,685 349,092 349,092 349,092 349,092
Share Capital net of treasury shares unit 296,739 273,557 273,557 273,557 273,557
Reserves 351,470 436,073 432,932 472,828 507,273
Shareholders' Funds 731,155 785,165 782,024 821,920 856,365

yongyong88

551 posts

Posted by yongyong88 > 2024-03-07 16:31 | Report Abuse

NO GOOD LAH SPAMMING CHHB AND YNH , BOTH LOSERS AND NO HOPE IN SIGHT. IF U R STILL HOLDING BETTER LET GO AND GET A GOOD NIGHT SLEEP

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:31 | Report Abuse

The Group’s Focus
The Group will maintain its focus on key divisions such as
Property Development, Property Investment, Resort &
Hospitality, and Healthcare in order to achieve sustained
business growth. With over 30 years of real estate experience,
CHHB will continue to deliver distinctively designed projects that
reflect the Group's vision of "Ever Searching for Better Living."
To boost future earnings growth, the Group is looking to
strategically expand its sizable land bank through acquisitions
and strategic joint ventures, while also prioritising leasing and
rental activities.
Aside from residential developments, the Group has built
shopping malls like The Mines Shopping Mall, exhibition centres
like Excel London, offices, schools, hotels, and golf courses like
Pecanwood and Mines Resort and Golf Club. Despite the
challenging economic environment, the Group is optimistic
about its future prospects and committed to delivering long-term
growth for its shareholders.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:32 | Report Abuse

The Group's gearing ratio, calculated as the total debts to total
equity capital at 0.23 compared to 0.24 in the previous year. In
light of the uncertain global economic outlook and Malaysia’s
economic recovery, it is essential to explore new ideas and
approaches to enhance competitiveness. Despite the
challenges, we remain confident in the Group's capability and
capacity as we continuously monitor our growth.
Country Heights Holdings Berhad was established in 1984 by
Tan Sri Lee Kim Yew as a property development company,
offering uniquely designed country-styled homes in Malaysia.
Today, the Group has expanded to become a lifestyle property
developer with a diverse business portfolio in Hospitality,
Wellness, Lifestyle, Tourism, and Investments, and has an
impressive track record as the master developer of over 560
million square feet of space worldwide.

yongyong88

551 posts

Posted by yongyong88 > 2024-03-07 16:34 | Report Abuse

LET GO LAH AND LOOK FOR CONTINOUS PROFIT MAKING COUNTERS LIKE MATRIX..

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:35 | Report Abuse

countdown to 4.50pm haha

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:35 | Report Abuse

Healthcare – Wellness Tourism
‘International Medical Hub’
The Group is undergoing a transformation of its Palace of the Golden Horses, Mines
Waterfront Business Park Tower 4 & 5, and adjacent 12-acre recreational land property
into a new 200-acre development. This development will be branded as an
International Medical Hub, with a focus on medical tourism, particularly in areas of
treatment, prevention, rejuvenation, and rehabilitation.
We anticipate that this development will become a significant wellness attraction in the
ASEAN region, especially in the wake of the COVID-19 pandemic, as health
awareness and consciousness continue to rise. The medical tourism industry is a
lucrative market in the region, and we are well-positioned to take advantage of this
trend, offering top-notch facilities and services to both domestic and international
visitors.
To solidify our position as a leading property developer in the region, we recognize the
importance of keeping up with the latest digital trends, including blockchain and security
token offerings (STOs). We believe that tokenizing our real estate assets is visionary,
as it enables the creation of digital securities that represent ownership in a specific
property or portfolio of properties. This makes it easier for investors to access and trade
real estate assets, similar to traditional securities, on a blockchain platform.
While it is a new and emerging area for the Group, we believe it has the potential to
revolutionize the real estate market.
Despite the turbulence in the market, we remain committed to the long-term investment
and development of our business, keeping our fundamentals healthy to serve our
customers' needs going forward.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:37 | Report Abuse

visa free entry, tourists are coming back

GHHS Healthcare, currently offers holistic health screenings
and diagnostic centre services, alongside traditional Chinese
medicine as well as Wellness & Rejuvenation centre
services.
• GHHS Healthcare’s Medical Screening and Specialist
Clinic
• GHHS Chinese Medical Centre
• European Wellness Retreat (“EWR”)

The Hospitality Division carries three international awardwinning brands, including Palace of the Golden Horses and
Mines Beach Resort.
Through this Division, the Group offers the best in hospitality,
fine and casual dining, leisure, recreational activities, health
and wellness centres and fitness.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:39 | Report Abuse

Health and Wellness Tourism
Health tourism in Malaysia is divided into two main categories:
1. Medical tourism:
Medical treatments and procedures offered at
internationally recognised hospitals and health facilities.
2. Wellness programmes:
Rehabilitation programmes, physiotherapy, spas,
reflexology and massages.
Opportunities and Prospects in Health Tourism
Malaysia is ranked as a Top Destination for Medical Tourism
and one of the most preferred travel destinations in the world,
ranking 18th among most visited countries in 2020. Beyond
our natural attractions, cultural heritage and mouth-watering
cuisines, Malaysia is also fast emerging as a strong
competitor in the global health and medical tourism sector.
In fact, we’re ranked the top international medical tourism
destination in a UK-based international medical travel journal,
after attracting 1.3 million medical tourists in 2021. Malaysia
in 2022 has one of the fastest vaccination rates in the world,
with 79% of the population vaccinated which makes it easier
for people to travel to Malaysia for medical treatment.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:40 | Report Abuse

Why People Opt for Medical Tourism in Malaysia
High Quality of Care
Our world-class healthcare quality has and continues to open the floodgates for healthcare tourism.
Competitive Cost & Packages
The cost of medical procedures or treatments can be relatively competitive in Malaysia for a similar
treatment in one’s own country or in neighbouring countries like Singapore and Australia. Foreigners can
also enjoy world-class infrastructure facilities with comfortable accommodations.
Treatment Availability & Variety
Malaysia has gained a reputation as the Asia region’s hub for cardiology, fertility, oncology and Hepatitis C
treatments. Malaysia is home to more than 33 advanced heart treatment centres in the country, with
advanced procedural techniques such as multi-slice computed tomography, endoscopic vein harvesting,
and heart-assist devices.
Culture & Religion
A multilingual environment that prioritises the religious requirements of its patients prompts many to seek
medical treatment abroad. Malaysia is the leading global halal hub and is expected to launch halal
certification for drugs and medical devices in 2022. Not to mention the world-class hospitality rendered by
its people who can speak a plethora of languages. This can breach language and cultural barriers to make
travellers feel at home.
Time Sensitivity
Foreigners can expect shorter waiting times compared to some countries that have an overburdened
healthcare system. Furthermore, Malaysia is also accelerating its efforts to digitalise the healthcare industry
by conducting teleconsultations to provide continuity in foreign patient care for those who are unable to
travel.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:41 | Report Abuse

malam ni, release quarterly report/account, esok jump gila hehe

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:42 | Report Abuse

bagus, bagus, dah bangun dari tidur hehe

Country Heights Holdings Berhad’s (CHHB) ‘International
Medical Hub’
This segment aspires to fortify the CHHB Group which already
established credentials in the healthcare industry by
introducing the ‘Prevention is Better than Cure’ themed real
estate centred on the tenets of the total health continuum.
It reflects both CHHB Group and Malaysia’s vision to emerge
as the preferred holistic health and wellness destination in the
Southeast Asia region.
The Group is transforming the Palace of the Golden Horses,
Mines Waterfront Business Park Tower 4 & 5, and the
adjacent 12 acres of recreational land property into a new
development covering 200 acres within our Mines Wellness
City.
This development is focusing on medical tourism, with an
emphasis on the areas of treatment, prevention, rejuvenation,
and rehabilitation, whereby it will be branded as an
International Medical Hub.
Since its inception in 2014, Mines Wellness City has been
tasked to drive strategic investments as part of promoting
Malaysia as a wellness hub backed by a tax holiday incentive
programme and presenting investment opportunities across
the wellness and health segment in the region.
Our facilities will provide an integrated health and wellness
care range within a single environment, all geared to meet the
needs of its customers and community members and
integrate Health and Wellness into peoples’ living
communities and lives.
Our real estate incorporates planned wellness elements and
smart technology into its design, materials and building, and
amenities and programming are growing fast as we know that
our customers want to bring more health into the places where
they can spend the majority of their time.
Our vision puts human health and well-being at the centre of
our buildings, our products, and innovative solutions. The
International Medical Hub will harness wellness technology
designed to enhance health outcomes in the home and
mitigate harmful indoor environmental concerns, creating
spaces that help reduce stress, improve sleep quality,
increase performance and enhance overall well-being.
The International Medical Hub offers investment opportunities
across 13 categories involving Medical and Wellness
operations. The CHHB Group’s very own brand, GHHS
Healthcare, currently offers holistic health screenings and
diagnostic centre services, alongside traditional Chinese
medicine as well as Wellness & Rejuvenation centre services.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:43 | Report Abuse

esok, huat bersama haha

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:44 | Report Abuse

malam nanti, jangan lupa baca laporan suku tahun ya hehe

Good123

26,596 posts

Posted by Good123 > 2024-03-07 16:49 | Report Abuse

akaun out selepas 5pm, esok, harga melambung... hahaha

Good123

26,596 posts

Posted by Good123 > 2024-03-07 17:59 | Report Abuse

Bagus.. akaun dah keluar... impairment loss, ok ok tidy up the accounts sekaligus :)

COUNTRY HEIGHTS HOLDINGS BERHAD [198401006901(119416-K)]
CURRENT YEAR
TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31-Dec-23 31-Dec-22
RM'000 RM'000
CASH FLOWS USED IN OPERATING ACTIVITIES
Loss before tax (106,288) (107,507)
Adjustments for:
Impairment losses on trade and other receivables 75, 8,440 549
Reversal of impairment losses on trade and other receivables (517) -
Amortisation of deferred income (2,656) (1,180)
Amortisation of rights-of-use assets 6,470 7,370
Bad debts written off 500 20
Depreciation of property, plant and equipment 2,368 4,924
Dividend income (150) (100)
Fair value loss on investment properties 430 -
Deemed loss on disposal of subsidiary 15,171 -
Loss on disposal of subsidiary - 54
Interest expense 12,180 6,156
Interest income (35) (33)
Inventories written off - 105
Gain on disposal of other property, plant and equipment (13) (41)
Bad debts recovered (412) -
Net unrealised gain on foreign exchange 2,661 2,680
Property, plant & equipment written off 46,841 -
Impairment losses on property, plant and equipment - 27,146
Impairment losses on right-of-use assets 1,210 -
Operating gain before working capital changes 104 1,239
Changes in working capital:
Inventories 1,846 4,429
Receivables (5,828) (70,826)
Contract liabilities 967 (1,714)
Payables (1,920) 70,667
Cash generated from/(used in) operations 2,660 (3,696)
Tax paid (11,694) (718)
Interest paid (2,202) (841)
Net cash generated from/(used in) operating activities 1,101 (17,592)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of other property, plant and equipment (740 (2,082) )
Purchase of right-of-use assets (105) -
Proceeds from disposal of other property, plant & equipment (55) 41
Interest received 35 33
Proceed from partial disposal of stakes in a subsidiary company 20 1,250
Net dividend received 150 100
Net cash used in investing activities (711) (642)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of revolving credit (550) (700)
Purchase of treasury shares (556) -
Drawdown of term loan 5,804 1,700
Payment of lease liabilities (303) (125)
Repayment of term loans (21,251) (143)
Proceed from private placement 10,132 -
Proceed from exercised of warrants 21,017 -
Net cash from financing activities 14,293 732
NET MOVEMENT IN CASH AND CASH EQUIVALENTS (4,010) 1,191
Effects of foreign exchange rate changes 325 259
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 13,723 10,038
CASH AND CASH EQUIVALENTS AT END OF YEAR 11,488 10,038

NRahmat

238 posts

Posted by NRahmat > 2024-03-07 18:00 | Report Abuse

Revenue: RM 13,364, 000
Net Profit: (RM 96,244,000)
EPS: -32.52

Tomorrow collect more

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:01 | Report Abuse

Selepas clean up akaun with impairment loss yg tak melibatkan aliran tunai, NBV per share masih RM2++ @RM2.09

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023
31-Dec-23 31-Dec-22
(Unaudited) (Audited)
Note RM'000 RM'000
ASSETS
Non-current assets
Property, plant and equipment 9 15,979 18,471
Right-of-use-assets 9 593,581 535,619
Investment properties 9 91,842 259,930
Inventories 23 128,362 127,835
Other investments 2,337 2,337
Trade receivables-non-current portion 7,607 2,241
Deferred tax assets 196 196
839,904 946,629
Current assets
Inventories 23 127,325 215,633
Trade and other receivables 28,595 37,501
Contract assets 44 44
Tax recoverable 92 633
Cash and bank balances 11,488 10,038
167,544 263,849
TOTAL ASSETS 1,210,478 1,007,448
EQUITY AND LIABILITIES
Capital and Reserves
Share capital 383,155 383,155
Treasury shares (3,470) (3,470)
Warrant reserves - 58,777
Other reserves 124,105 66,733
Retained earnings 116,430 225,960
Equity attributable to equity holders of the Company 620,220 731,155
Non-controlling interests (5,185) (8,513)
Total equity 722,642 615,035
Non-current liabilities
Loans and borrowings 25 10,667 87,391
Other payables 2,446 2,299
Contract liabilities 32,364 32,805
Lease liabilities 4,071 4,239
Deferred tax liabilities 97,905 101,343
147,453 228,077
Current liabilities
Loans and borrowings 25 31,472 94,355
Trade and other payables 202,299 152,160
Tax payables 5,898 5,548
Lease liabilities 4,494 4,447
Contract liabilities 797 3,249
244,960 259,759
Total Liabilities 487,836 392,413
TOTAL EQUITY AND LIABILITIES 1,007,448 1,210,478
0
Net assets per share attributable to ordinary equity holders of
the Company (RM) 2.09 2.46

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:02 | Report Abuse

retained earnings @31.12.2023 masih ada RM116juta++ boleh buat share buyback jika ada tunai masuk nanti :)

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:04 | Report Abuse

aliran tunai dah improve, naik RM1 to 2mil

CASH AND CASH EQUIVALENTS AT END OF YEAR (RM'000) 11,488 10,038

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:04 | Report Abuse

harga syer akan naik balik... isu akaun dan hutang bank pun dah beres

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:07 | Report Abuse

Commentary on Prospects
While the group maintain its vision on its four key ventures that has been detailed
previously, the impact of the Covid-19 pandemic has brought a change in the new norm in
all aspects of our businesses and workplaces.
As a result of the already challenging financial landscape and the effects of the pandemic,
the group suffered losses arising from cancelled and postponement of reservations and
events for the remaining year and this has forced some drastic changes in its ongoing
operations.
The group performance is expected to improve after implementation of the activities below:-
(a) Healthcare Division
GHHS Healthcare takes a holistic approach to healthcare, providing Western medical
treatment and clinical pathology services alongside traditional Chinese medicine. Our
Wellness & Rejuvenation centre services also feature heavily as part of our integrated
healthcare solution.
Our milestones since inception from Year 2000 till now:
 Over 40,000 members
 Licensed under KKM Ambulatory Care with 40,000 sqft medical center and TCM
Wellness & Golden Horses Clinic.
 12 in house doctors both western & eastern speciality.
 10 visiting specialist consultants for radiology, cardiology, endoscopy, ENT,
ophthalmology.
 Chinese medical center with 6 specialists.
 20,000 medical checkups done in year 2022.
 Over 400,000 imaging procedures.
 Diagnosed over 150,000 Health Abnormalities.
 TCM treatment of over 100,000 patients.
 Over 1 million medical diagnostic tests
 Over 10 million lab tests

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:07 | Report Abuse

Commentary on Prospects (Cont’d)
(b)Hospitality Division
 Palace of the Golden Horses was assigned as a quarantine hotel during the MCO and
has successfully completed this national service. However, the hotel's result together
with the forecast of the travel and MICE industry have been less than favourable.
Therefore, the group has decided to temporary suspend the hotel's operation and
upgrade before an eventual opening when the pandemic is moved under.
 Philea Mines Beach Resort renamed as Mines Beach Resort managed by new
management effective from 01 May 2022. Nestled midst the concrete jungle of Kuala
Lumpur, Mines Beach Resort is unexpected haven offering a full experience of
sophisticated style comfort, privacy and tranquility. Dubbed the only ‘beach in the city’,
it is also the perfect choice not only for health retreats or weekends getaways but also
for garden weddings, beach barbeques, family days, team-building events and
other leisure or corporate activities.
 Palace Vacation Club has established itself in the market as a prestigious timesharing
membership program that offers immense benefits and privileges in a form of exciting
vacations at more 4,000 beautiful resort destinations in over 100 countries worldwide.
This is made possible through its affiliation with Resort Condominium International
(RCI). On top of that Members also have access to our internal resorts affiliation
worldwide covering Malaysia, Thailand, Philippines, Indonesia, India, Australia, China
and Europe.
(c) 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 sq. ft. 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

26,596 posts

Posted by Good123 > 2024-03-07 18:08 | Report Abuse

Commentary on Prospects (Cont’d)
(d) Property Division
(i) Kolej Heights Utara, Jitra, Kedah
CHHB's unique approach to the property market continues to revolutionise the Malaysian
environment, as proven by the success of projects such as the Mines Bungalow. The Group
is now taking a new path, starting a project in Jitra, Kedah, adopting the 5S smart living
concept (Solar, Sport, Smart Living, Security, and Service). The development would span
40 acres of prime land and will include 387 terrace new double-storey residences and 64
semi-D houses, with an estimated Gross Development Value of more than RM200 million.
CHHB's commitment to adopting an ESG framework demonstrates their commitment to
sustainable and responsible practices, ensuring that the project is consistent with
environmental preservation, social well-being, and strong governance standards. This
fascinating project demonstrates CHHB's constant commitment to providing modern,
comfortable, and sustainable living spaces while having a good influence on the
environment.
(ii) Cyberlake Heights
CHHB is planning to create a ground-breaking development in Cyberjaya that would
redefine luxury residential living. This project, which spans an expansive 9-acre plot with an
estimated GDV of RM60 million, provides an amazing opportunity for prospective
homeowners. The building intends to redefine luxury by focusing on bungalow lots ranging
in size from 8,000 to 10,000 square feet. The incorporation of a select number of
outstanding residences, with massive sizes of over 20,000 square feet, carefully positioned
atop the hill to provide stunning views of the scenic Putrajaya Lake, distinguishes this
project. This one-of-a-kind vantage point provides homeowners with an unrivalled sense of
tranquility and exclusivity, making it a great choice for individuals seeking privacy and an
enhanced living experience.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:08 | Report Abuse

Commentary on Prospects (Cont’d)
d) Property Division
(iii) Pajam Industrial Hub
The Pajam Industrial Hub in Pajam, Negeri Sembilan, a dynamic development project with
an estimated GDV of RM60 million. This industrial property encompasses 60 freehold
industrial lots, catering to the needs of SMEs in sectors such as manufacturing and
warehousing. Its strategic location offers excellent accessibility to major highways and
proximity to KLIA, ensuring convenient transportation connections. What sets the Pajam
Industrial Hub apart is its commitment to sustainability, exemplified by the planned
construction of a solar-powered factory. This forward-thinking approach provides
businesses with energy-efficient solutions and significantly reduces their carbon footprint,
contributing to the industry's transition towards sustainable operations. With its combination
of prime location, business-friendly infrastructure, and environmental consciousness, the
Pajam Industrial Hub presents an attractive opportunity for SMEs seeking a conducive
ecosystem.
(iv)The Mines Beach Suite
The Mines Beach Suite, with an estimated GDV of RM600 million, will undoubtedly raise the
bar in terms of luxury and exclusivity. This enhancement is intended to give discriminating
homeowners with an extraordinary experience. The lakefront suites will have stunning views
and a tranquil environment, providing visitors with the ideal setting for a genuinely intimate
and immersive holiday. CHHB hopes that the introduction of The Mines lakeside suites will
broaden the range of experiences accessible, allowing residents to fully immerse
themselves in the serene surroundings of the lake. This fascinating construction is sure to
leave a lasting impression and solidify The Mines Beach Suite as a prime location for
homeowners seeking an unrivalled living experience.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:09 | Report Abuse

Commentary on Prospects (Cont’d)
d) Property Division
(v) Repositioning of Mines Beach Resort
Mines Beach Resort, located in the heart of the city, stands out as a premier wellness
retreat destination dedicated to promoting health and tranquilly. This luxurious resort has
172 rooms, each with a tropical aesthetic and breath taking view of a tranquil 150-acre lake.
Mines Beach Resort creates a captivating ambiance by drawing inspiration from Nusantara
influences. Guests can enjoy an “Omakase” dining experience, in which the chef creates a
delectable meal comprised of dishes carefully chosen to provide an exceptional culinary
journey. This fusion of cultural elements and gastronomic delights adds a sense of vitality
and freshness.
(vi) Developing an International Medical & Wellness Hub
During the press conference, CHHB (the company) revealed its strategic plans to
restructure two of its divisions: Resort and Hospitality and GHHS Healthcare. The primary
goal of this restructuring is to create an International Medical & Wellness Hub, a ground
breaking 200-acre development. The Palace of the Golden Horses, Mines Waterfront
Business Park Tower 4 & 5, and an adjacent 12-acre recreational land property will be key
components of this development. The International Medical & Wellness Hub's primary focus
will be on healthcare services and medical tourism. CHHB intends to capitalise on rising
healthcare consciousness and awareness, especially in the post-COVID-19 pandemic era.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:09 | Report Abuse

Commentary on Prospects (Cont’d)
d) Property Division
The company believes that this integrated development will not only thrive but will also
emerge as a leading wellness destination in the ASEAN region.
Treatment, prevention, rejuvenation, and rehabilitation will be prioritised by the International
Medical & Wellness Hub. By incorporating these elements, CHHB hopes to provide a
comprehensive range of healthcare services that meet the diverse needs of individuals
seeking medical attention, preventive care, revitalization, or recovery. The Palace of the
Golden Horses, Business Park Towers 4 and 5, and the surrounding recreational land will
be transformed into holistic facilities that are specifically designed to meet the demands of
healthcare and wellness tourism. The project aims to attract both domestic and international
visitors, positioning itself as a premier destination for people looking for high-quality
healthcare services and wellness experiences.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:11 | Report Abuse

Malaysian bourse closes firmer on bargain-hunting after recent sell'off
KUALA LUMPUR: Bursa Malaysia closed higher today, supported by bargain-hunting activities that emerged following the recent sell-off.At 5pm, FTSE Bursa Malaysia (FBM) KLCI rose 4.32 points to 1,535.83 from 1,531.51 points on yesterday's closing bell. Turnover fell to 3.55 billion units worth ...
NST07 Mar, 2024 17:47pm - 23 minutes ago

Good123

26,596 posts

Posted by Good123 > 2024-03-07 18:16 | Report Abuse

Good4chhb :)

Australia previously allowed Chinese tourists to apply for the 10-year visa scheme as part of its effort to boost arrivals from the world's second largest population.

However, Australia is losing out as Chinese tourists have been flocking to Southeast Asian countries like Thailand and Malaysia thanks to visa-free policy, tourism insiders said.

www://e.vnexpress.net/news/travel/australia-grants-10-year-visa-for-tourists-from-southeast-asia-4719195.html

ocbc

1,170 posts

Posted by ocbc > 2024-03-07 19:45 | Report Abuse

Yes, no more hope to collect it at low price now. Likely did on purpose to get retail investors to sell cheaply for TSL to collect at the lelong price. Relaxation of MM2H basically good for CHHB since they have the wellness centre for rich retirement people.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 21:45 | Report Abuse

cukup licik :)

@ocbc

Yes, no more hope to collect it at low price now. Likely did on purpose to get retail investors to sell cheaply for TSL to collect at the lelong price. Relaxation of MM2H basically good for CHHB since they have the wellness centre for rich retirement people.

1 hour ag

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:36 | Report Abuse

buy more tomorrow hehe

Share Price vs Fair Value
What is the Fair Price of CHHB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

39.8%
Undervalued
Current Price
RM0.23
Fair Value
RM0.38
20% Undervalued
About Right
20% Overvalued
Data
Learn

Below Fair Value: CHHB (MYR0.23) is trading below our estimate of fair value (MYR0.38)

Significantly Below Fair Value: CHHB is trading below fair value by more than 20%.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:38 | Report Abuse

Country Heights Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6

Country Heights Holdings Berhad has a total shareholder equity of MYR707.8M and total debt of MYR108.9M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are MYR1.2B and MYR496.1M respectively.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:38 | Report Abuse

Key information
15.4%

Debt to equity ratio

RM108.91m

Debt

Interest coverage ratio n/a
Cash RM10.84m
Equity RM707.82m
Total liabilities RM496.12m
Total assets RM1.20b

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:39 | Report Abuse

Debt Level: CHHB's net debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: CHHB's debt to equity ratio has reduced from 25% to 15.4% over the past 5 years.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:40 | Report Abuse

Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CHHB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CHHB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0% per year.

Good123

26,596 posts

Posted by Good123 > 2024-03-07 22:41 | Report Abuse

Price-To-Sales vs Industry: CHHB is good value based on its Price-To-Sales Ratio (1.3x) compared to the MY Real Estate industry average (1.6x).

Posted by Buayabuster > 2024-03-08 06:04 | Report Abuse

Lky sengaja announce tak lapor akaun akan suspend untuk takutkan pelabur dan jual saham balik kepadanya dengan harga murah- taktik yg banyak buaya operator guna untuk kutip balik saham yg dijual oleh mereka dengan harga tinggi sebelum ini

Tapi tapi, ada beberapa investor nampak tipu helah kroni madeykuttu ni dan rebut beli pada harga murah 20c

Lky teramat marah sebab memang dia tak boleh guna taktik tak submit akaun kerana namanya akan terjatuh ke longkang dan semua berita akan tersebar


Maka, begitulah tamat episod lky utk cuba nak kutip balik saham dan buat general offer jika dia mampu milik melebihi 90%

Good123

26,596 posts

Posted by Good123 > 2024-03-08 07:42 | Report Abuse

Hari ni, pelabur2 akan berebut-rebut untuk membeli balik syer CHHB. Dijangka balik 30sen++ dalam beberapa hari. Semoga anda juga mendapat keuntungan kelak.

@Buayabuster

Lky sengaja announce tak lapor akaun akan suspend untuk takutkan pelabur dan jual saham balik kepadanya dengan harga murah- taktik yg banyak buaya operator guna untuk kutip balik saham yg dijual oleh mereka dengan harga tinggi sebelum ini

Tapi tapi, ada beberapa investor nampak tipu helah kroni madeykuttu ni dan rebut beli pada harga murah 20c

Lky teramat marah sebab memang dia tak boleh guna taktik tak submit akaun kerana namanya akan terjatuh ke longkang dan semua berita akan tersebar


Maka, begitulah tamat episod lky utk cuba nak kutip balik saham dan buat general offer jika dia mampu milik melebihi 90%

1 hour ago

Good123

26,596 posts

Posted by Good123 > 2024-03-08 07:45 | Report Abuse

[20sen + 47sen] / 2 ~ 33.5sen, harga sasaran yg diramalkan haha

52 Weeks Range

0.20 - 0.47

Good123

26,596 posts

Posted by Good123 > 2024-03-08 08:17 | Report Abuse

Blockchain / Digital Investment pun dah set up :)

BLOCKCHAIN & FINANCE
COUNTRY HEIGHTS HOLDINGS BERHAD
Home
Core Business
Blockchain & Finance
Golden Horse Digital Investment Bank
Golden Horse Digital Investment Bank Ltd (“GHDIB”) is a groundbreaking, fully-licensed and regulated digital investment bank built to give people a fairer, smarter and more human alternative to the banks of the past.

It offers investment account alongside a range of lending products and digital asset exchange.

GHDIB also provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary and blockchain technology platform that it uses to power its own bank.

The Golden Horse Exchange (“GH Exchange”) also offers clients in-app access to a selection of digital asset exchange services which offering seamless users experience. Clients can also raise fund on our GH Exchange thru the STO platform.

Address:
Golden Horse Digital Investment Bank
Marketing Office
10th Floor, Block A,
The Mines Waterfront Business Park,
No. 3, Jalan Tasik, The Mines Wellness City,
43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia.

Labuan HQ
Rumah Labuan FSA, Lot 1, 2 & 3,
Jalan Golf Club, 87000 Labuan F.T., Malaysia.

Good123

26,596 posts

Posted by Good123 > 2024-03-08 08:19 | Report Abuse

semoga JD.com akan memohon Private placement chhb & MENJADI PEMEGANG SYER UTAMA BARU untuk melaksanakan projek IT raksaksa DENGAN CHHB nanti/KELAK

#thesun.my › home_news › country-heights-jd-com-to-build-omniCountry Heights, JD.com to build omni channel business in M’sia
PETALING JAYA: Country Heights Holdings Bhd (CHHB) has entered into a licensing agreement and collaboration agreement with Beijing Wodong Tianjun Information Technology Co Ltd (JD.com)

Good123

26,596 posts

Posted by Good123 > 2024-03-08 08:24 | Report Abuse

Labuan IBFC
The Golden Horse Digital Investment Bank (GHDIB) was registered in Labuan International Business and Financial Centre (Labuan IBFC) on 28th November 2019 and its investment banking license by Labuan Financial Services Authority (Labuan FSA) on 25th March, 2021.

The Labuan IFBC offers a comprehensive mid-shore solution to strike the ideal balance between client confidentiality and compliance with international best standards and practices. It is well-supported by a robust, modern and internationally-recognised legal framework enforced by its regulator, Labuan Financial Services Authority (Labuan FSA).

Labuan IBFC boasts a wide range of business and investment structures facilitating cross-border transactions, business dealings and wealth management needs. These unique qualities offer sound options for regional businesses going global or global businesses looking at penetrating Asia’s burgeoning markets.

https://ghi-bank.com/about-us/

Good123

26,596 posts

Posted by Good123 > 2024-03-08 08:25 | Report Abuse

Golden Horse Exchange
Golden Horse Exchange is a blockchain-based solution allows our investors to control and manage contractual engagements. The token issuance system incorporates smart contracts and automates document flow, reducing overheads for all parties involved.

It provides users with fast and safe transactions and data storage by realizing the concept of inclusive finance.

In addition, the newly introduced Instant Account in GH Exchange also allows new-to-bank clients to access modern digital investment banking services by opening their first trading account in a few minutes from anywhere.



Golden Horse Wallet
Golden Horse Wallet supports multiple blockchain tokens that allows our clients to control your own digital assets and personal data.

With the help of cryptographic public and private key wallet accounts, the GH multichain wallet is an easier, simpler hassle-free and seamless tool for multi accounts management.

Golden Horse Chain
In order to achieve the concept of financial inclusion, Golden Horse Chain offers users fast and secure transactions and data retention.

It is a token-based blockchain that can be built around to provide asset collateral certificates, e-contracts, digital transaction certificates, personal credit systems and more.



Digital Solutions
The Golden Horse mobile apps are being developed for our clients who are on the go and demand for round-the-clock access to investment account.

Our mobile apps are equipped with a wide array of practical tools to ease most of everyday tasks, such as investment account balance checking, money transfer to anyone, real-time trading, mobile accounts opening and many other great features. It is free to download, highly secured and easy to use.

https://ghi-bank.com/our-services/

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