Catalyst for Yong Tai shares


Latest attraction: An artist impression of Impression Melaka. The theatre is expected to hold its inaugural performance in February next year.

PETALING JAYA: The completion of Yong Tai Bhd’s Impression Melaka theatre by the year-end and its inaugural performance in February next year will be a catalyst for the share price to further outperform, said UOB Kay Hian Research.

The research house said the group’s management had shared updates on the construction progress of the theatre, which is 70% completed.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Yong Tai

Next In Business News

Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator
One Credit debuts smart fintech system
Infraharta Holdings wins RM11.4mil construction job

Others Also Read