Encore Melaka seen contributing RM60mil profit to Yong Tai


PETALING JAYA: Yong Tai Bhd’s Impression Series of Encore Melaka theatre – which is targeted to be opened by the second quarter of 2018 – is expected to contribute at least RM60mil in net profit per annum when fully operational.

Yong Tai CEO Datuk Wira Boo Kuang Loon said the Encore Melaka theatre will have significant contribution to the group’s revenue for the financial year ending June 30 2019 (FYE2019) when the theatre opens its doors in the second quarter of this year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Yong Tai , entertainment

   

Next In Business News

Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Others Also Read