Latest news with #YTB
The Star
a day ago
- Business
- The Star
Yong Tai buys stake in Sumberjaya
PETALING JAYA: Yong Tai Bhd (YTB) has entered into a conditional share sale agreement to acquire the entire equity stake in Sumberjaya Builders Sdn Bhd for RM15mil. In a statement, the tourism-related property development firm said the strategic acquisition marks the company's entry into Sabah's property market with a steady growth outlook, further diversifying the group's earnings stream and enhancing future profitability. Through this acquisition, Yong Tai said it will undertake two joint-venture projects already secured by Sumberjaya in Sabah, namely, one in Lahad Datu and the other in Tawau. Yong Tai said the Lahad Datu project spans 11.97 acres, and features a mixed development of shop lots, terrace houses, and walk-up flats.
The Star
2 days ago
- Business
- The Star
Yong Tai acquires stake in Sumberjaya Builders for RM15mil
PETALING JAYA: Yong Tai Bhd (YTB) has entered into a conditional share sale agreement to acquire the entire equity stake in Sumberjaya Builders Sdn Bhd for RM15mil. In a statement, the tourism-related property development firm said the strategic acquisition marks the company's entry into Sabah's property market with a steady growth outlook, further diversifying the group's earnings stream and enhancing future profitability. Through this acquisition, Yong Tai said it will undertake two joint-venture projects already secured by Sumberjaya in Sabah, namely one in Lahad Datu and the other in Tawau. Yong Tai said the Lahad Datu project spans 11.97 acres, and features a mixed development of shop lots, terrace houses, and walk-up flats. With an estimated gross development value (GDV) of RM70.12mil, the project is expected to generate a development profit of RM10.80mil. The Tawau project meanwhile is situated on approximately 15.25 acres, and includes both commercial and residential units, offering an estimated GDV of RM106.58mil and projected to deliver a development profit of RM29.78mil.
The Age
28-04-2025
- Entertainment
- The Age
YTB
Previous SlideNext Slide Modern Asian$$$$ Yugen Dining 's Chapel Street sibling has entered a new era. Yugen Tea Bar – with its tea sommelier and 40-odd distinctive varieties from around the world – was seen as a special-occasion spot for high tea. Now it's morphed into the more approachable YTB. Asian-inspired sangers mostly use house-made shokupan, and flavour-packed salads are a lunchtime win. But executive pastry chef Kay-Lene Tan's sweets are the real showstopper, ranging from matcha-white chocolate cookies to calamansi olive oil cake. Ceremonial-grade matcha leads a tea list that's shorter than before, but is set to grow. A cosy must-order: Buckwheat taiyaki, a Japanese fish-shaped waffle filled with miso egg, aged cheddar and togarashi. It's served with pickles and a pickled-ginger dressing.
Sydney Morning Herald
28-04-2025
- Entertainment
- Sydney Morning Herald
YTB
Previous SlideNext Slide Modern Asian$$$$ Yugen Dining 's Chapel Street sibling has entered a new era. Yugen Tea Bar – with its tea sommelier and 40-odd distinctive varieties from around the world – was seen as a special-occasion spot for high tea. Now it's morphed into the more approachable YTB. Asian-inspired sangers mostly use house-made shokupan, and flavour-packed salads are a lunchtime win. But executive pastry chef Kay-Lene Tan's sweets are the real showstopper, ranging from matcha-white chocolate cookies to calamansi olive oil cake. Ceremonial-grade matcha leads a tea list that's shorter than before, but is set to grow. A cosy must-order: Buckwheat taiyaki, a Japanese fish-shaped waffle filled with miso egg, aged cheddar and togarashi. It's served with pickles and a pickled-ginger dressing.
