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Yong Tai Bhd (YONG.KL)

YONG.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Yong Tai clarifies on article in Edge Financial Daily
Tuesday, 18 Apr 2017 05:27am EDT 

April 18 (Reuters) - Yong Tai Bhd :Refers to article entitled “Yong Tai Expects To Exit Garment Business By June” appearing in page 6 of Edge Financial Daily Dated 17 April 2017.Clarifies that co has not entered into any formal negotiation with any third party recently to dispose of unit's loss-making textile and garment business."The company is considering to dispose its ailing textile and garment businesses in the near future".  Full Article

Yong Tai says co entered into multiple agreements
Friday, 7 Apr 2017 08:01am EDT 

Yong Tai Bhd : Proposed acquisition by YTB of the entire issued shares of Apple 99 Development Sdn Bhd for a cash consideration of RM15 million .Provision of financial assistance of up to 130.0 million RGT from YTB to IPSB pursuant to the shareholders’ agreement.  Full Article

Yong Tai Bhd entered into mou to terminate mou for proposed acquisition of lim hooi yen and beeh boon siang
Friday, 7 Apr 2017 07:39am EDT 

Yong Tai Bhd : Entered into mou to mutually and amicably terminate mou as parties are unable to agree and to finalise terms of proposed acquisition of l&b .Reference is made to announcement of yong tai berhad in relation to memorandum of understanding between company with lim hooi yen and beeh boon siang.  Full Article

Yong Tai says unit entered into JV agreement with KOF Holdings
Friday, 7 Apr 2017 06:53am EDT 

Yong Tai Bhd : YTB development, a unit of co, entered into a joint venture agreement with KOF Holdings Sdn Bhd . JV agreement for joint development of two adjoining lands known as lot 169 and 170, section 89, Jalan U-Thant, Kuala Lumpur . Proposed JV development is expected to have an estimated total gross development value of approximately 180 million RGT . JVA is not expected to have any material effect on the earnings and EPS of YTB group for the financial year ending 30 June 2017 .Jva is expected to contribute positively to future earnings of YTB group when expected profits from JV development are realised.  Full Article

Yong Tai Bhd enters into sale and purchase agreement
Tuesday, 21 Mar 2017 07:12am EDT 

Yong Tai Bhd : Co entered into a conditional sale and purchase agreement with Mustazah Bin Osman and Laila Binti Endut for acquisition of entire issued shares of LDSB . Deal for cash consideration of RM35.0 million .Unit entered into a conditional joint development agreement with JM Bestari Land Sdn. Bhd. for joint development of land.  Full Article

Yong Tai Bhd says unit entered into two sale and purchase agreements
Tuesday, 8 Mar 2016 07:00pm EST 

Yong Tai Bhd:Unit entered into two sale and purchase agreements with Hup Seng Perusahaan Makanan (M) Sdn. Bhd.Says proposed disposal leasehold property for a cash consideration of 4.2 million rgt.Disposal of a parcel of a Freehold land for a cash consideration of rm12.4 million.  Full Article

Wong Liew Lin@Liew Fat Lin ceases to become a substantial holder of Yong Tai Bhd
Wednesday, 8 Jul 2015 08:00pm EDT 

Yong Tai Bhd:Says Wong Liew Lin@Liew Fat Lin ceases to become a substantial holder of the company.  Full Article

LIEW FAH CHIN ceases to become a substantial holder of Yong Tai Bhd
Wednesday, 8 Jul 2015 08:00pm EDT 

Yong Tai Bhd:Says LIEW FAH CHIN ceases to become a substantial holder of the company.  Full Article

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* Discloseable Transaction In Relation To The Acquisition Of Shares Of Yong Tai Berhad