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IMPRESSION CITY BY END 2017

Yong Tai Berhad : bullish on Impression City
     
02/24/2016 | 03:12 am
KUALA LUMPUR: YONG Tai Bhd expects its RM5.4 billion project in Malacca to generate net profit margin of 20 per cent, which would help to sustain the company’s earnings in the long term.

The garment maker-turned-property developer, which has been loss- making for several years, expects to return to the black this year with contribution coming from the real estate sector.

The company, which has pockets of developments in the Klang Valley and Johor, is planning to develop Impression City on a 47.03ha site in Malacca.

The project would be developed in 11 phases and over 10 years, said its executive director Boo Kuang Loon.

Construction for Phase 1 would start in the third quarter of this year and feature retail and commercial units, said Boo at a luncheon hosted by MIDF Amanah Investment Bank Bhd, here, yesterday.

It is expected to have a gross development value of RM1.1 billion,

The catalyst for the commercial-led Impression City is the Impression Melaka performing arts theatre, to be built on the 47.03ha site.

Construction of Impression Melaka, the jewel of the company, will start next month at a cost of RM300 million and includes land acquisition. The opening is slated for end-2017.

Boo said although Impression Melaka required a huge capital investment, the returns would be long term and attractive.

It would take two years to construct and the projected returns would start from 2018 onwards, he added.

With 15 million tourists visiting Malacca annually, Yong Tai hopes to attract at least 1.1 million visitors to Impression Melaka, with 40 per cent coming from China.

The company is also targeting visitors from Southeast Asia (30 per cent), Asia (20 per cent) and the rest from the Middle East, Europe and the United States.

“With two shows a day and tickets priced at RM120 per person, we are poised to achieve a revenue of RM140 million a year, including the sale of souvenirs and merchandise. For this business, we are targeting a profit margin of 50 per cent. This would net us a profit of around RM60 million a year.

“There are many more upsides, such as increasing the ticket prices and having up to four shows a day. This is the potential of Yong Tai in the future,” said Boo.

“For the next two years we are at the investing stage and would generate profits. But the profits would not be much to give dividends,” he said.

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

MELAKA TARGETS 14 MILLION VISITORS IN 2013

Melaka records 6.8 mil tourist arrivals, confident of 14 mil target

Posted on 1 October 2013 – 04:28pm
Last updated on 1 October 2013 – 04:57pm

MELAKA (Oct 1, 2013): Melaka has recorded 6.8 million domestic and foreign tourist arrivals during the first six months of this year, from 6.7 million in the corresponding period last year, Chief Minister Datuk Idris Haron told the State Assembly today.

He said the state was targeting new markets, like the Middle East and Africa, with efforts being made to attract more tourists from the affected countries to come to Melaka.

“The (state) government is confident of achieving this year’s target of 14 million tourist arrivals, compared with 13.7 million last year,” he said in his motion of thanks on the speech by the Yang Dipertua Negeri of Melaka, Tun Mohd Khalil Yaakob when opening the Melaka State Assembly sitting.

He called on all quarters to play their role to achieve the target and not to politicise issues, like the case on the closing of Jonker Walk which was aimed to reduce traffic congestion in the area.

Idris said efforts were also being made by the state government to attract more investors and negotiations were in progress with giant companies, like Microsoft and Guardian, to get them to invest in Melaka.

The state government is also discussing with a company from Spain to build a renewable energy plant, involving investment of RM2 billion, he added.

Bernama

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

Newly Toast Box Cafe during Dedap area of Taman Johor Jaya, Johor Bahru.

The newly open Toast Box Cafe (N1 32.368 E103 48.263on 1st Aug 2013 is located during a dilemma of Jalan Dedap 13 Dedap 8, Tmn Johor Jaya. We were invited by media for a Grand Opening Ceremony of a Cafe.

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The community of Johor Jaya is greeted by a attract of Traditional Nanyang Coffee (Kopi in local terms), and Kaya Toast in a complicated country environment with a opening of a code new Toast Box store during Johor Jaya. Being a second store to open in Johor Bahru other than a one during KSL City Mall, it is now a largest Toast Box in South East Asia.
 

This new store is a poignant miracle in Toast Box’s skeleton to bringing a particular Traditional Nanyang enlightenment to opposite tools of Asia, providing a colourful community a robust and singular dining knowledge with a spirit of nostalgia.
 

Established in Dec 2005, a initial Toast Box opening was located in Food Republic Wisma Atria and has grown usually with a singular concept. To date, Toast Box has 57 outlets in Singapore and 34 outlets in China, Hong Kong, Malaysia, Taiwan, Philippines and Thailand.

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Breeze into Toast Box during Johor Jaya and be bewitched by a fun of aged style, infrequent dining knowledge in a uncomplicated nonetheless endearing ambience. Sharing a attract of Traditional Nanyang Kopi and Toast enlightenment with customers, Toast Box strives to broach a best kopi and toast, creation each revisit a tasty wander down memory lane.

We like a atmosphere and a country emblem really much. Felt like a English setting…especially all in white color…

The Grand Opening debate by Mr Vincent Lim (???), Senior Vice President of Toast Box (Global), Mr James Quek (???), Chief Executive Officer of Bakery Division (Global), BreadTalk Pte Ltd and followed by a Guest Of Honor – YB Liow Cai Tung (???), State Assembly Woman for Johor Jaya.

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The proof of Nanyang Coffee brewing came after a speech. I’m so bewail that my hardisk crashed few days ago that all my photos left with it and we can't uncover we a approach they decoction their signature coffee…apologies.

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Each of us have a possibility to ambience a coffee after it…taste nice!

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Beside a coffee, a cafeteria do offer others like Peanuts Butter Thick Toast, Laksa Mee Tai Mak, Homemade Nasi Lemak with Chicken Wing, Curry Chicken with rice or Baguette. Their Thick Toast all are cut with a density of accurate 2cm, pronounced by Mr Vincent Lim – Senior Vice President of Toast Box.

Toast Box is charity a special promotion of 10% off with a smallest of RM5 spent from now until 31st Aug 2013. This graduation is usually current during Toast Box Johor Jaya.

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The primogenitor association of Toast Box is Breadtalk from Singapore, here is some write adult about Breadtalk…

Founded as an FB user in Singapore in 2000 and listed on a SGX in 2003, BreadTalk Group Limited has fast stretched to turn a particular domicile code owners that has determined a symbol on a universe theatre with a bakery, grill and food atrium footprints. Its code portfolio comprises BreadTalk, Toast Box, Food Republic, Din Tai Fung, The Icing Room, RamenPlay, Thye Moh Chan and Carl’s Jr China. With tellurian staff strength of 7,000 employees, a Group has a network of 700 FB outlets in 15 countries such as Singapore, China, Hong Kong and a Middle East. It also operates Michelin Star awardee, Din Tai Fung, with tighten to 20 restaurants in Singapore and Thailand, as good as over 50 award-winning Food Republic food atriums in Singapore, China, Hong Kong, Malaysia, Taiwan and Thailand.

Do try out a new judgment of cafeteria during Taman Johor Jaya, we might like a dishes and a deco that is singular during a Dedap area…

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MELAKA AIMS FOR 12.5 MILLION TOURISTS IN 2012

Malacca sees 13.3pc rise in tourist arrivals

By Syawal Syahrin | [email protected] 0 comments

4 MILLION IN FOUR MONTHS: Chinese, Singaporeans and Indonesians among top arrivals

MALACCA: More than four million tourists visited the state in the first four months of this year, an increase of 13.3 per cent compared with the same period in 2011.
Chief Minister Datuk Seri Mohd Ali Rustam said of the 4.11 million tourists, 2.92 million were domestic tourists while the rest were foreigners.

“From January to April last year, Malacca saw some 3.62 million tourists visiting the state.

“But this year, for the same corresponding period, we saw an increase of 481,217 visitors.

“Foreign tourists saw a sharp increase of 37.3 per cent or 321,441, while domestic visitors grew by 5.8 per cent or 159,776 people,” he said.

Based on a report by the State Tourism Department, Ali said the top five foreign country tourist arrivals were China with 222,999 tourists, Singapore (185,277), Indonesia (168,190), Taiwan (108,128) and Hong Kong (57,241).

“As for the domestic tourists, the bulk of them were from Selangor, which recorded 773,271 tourists, followed by Kuala Lumpur with 666,520 tourists and Johor stands at the third place with 484,748 tourists.”

In the area of health tourism, Ali said some 141,602 people had sought treatment from three major private hospitals in the state — Mahkota Medical Centre, Putra Specialist Hospital and the Pantai Hospital Ayer Keroh.

“This figures comprises 81.6 per cent of the total number of tourists who came to Malacca to seek medical attention, with a majority of them coming from Indonesia with 29,789 people.

“Other foreigners who come here for medical tourism are from Singapore, China, Middle East and also Bangladesh.”

Ali also said museums in the state were the most popular attraction among tourists as they attracted 312,058 people, followed by the Malacca River Cruise (279,338 visitors), Malacca Zoo (176,943) and Menara Taming Sari (169,340).

Ali said the state government’s initiative in developing a variety of attractions had resulted in the drastic rise of tourists in this state, thus making Malacca a must-visit state in Malaysia.

“Besides this, several tourism aspects such as hygiene, tourists’ safety and communication facilities were crucial factors in attracting tourists to the state.

“Our ‘Think Tourism and Act Tourism’ initiative also managed to get the people to realise the importance of tourism to the state’s economy and this, too, is vital in ensuring we remain on top in the country’s tourism scene.”

This year, he said the state aims to attract 12.5 million tourists.

Article source: http://tourism-melaka.blogspot.com/feeds/posts/default

The Gulf Incentive, Business transport & Meetings Exhibition (GIBTM)

The Gulf Incentive, Business transport Meetings Exhibition (GIBTM) is a heading eventuality for a meetings, incentives, business transport and events attention in a Middle East, holding place from 26-28 Mar 2012 during ADNEC, Abu Dhabi  GIBTM brings together a multiple of informal and general attention buyers and suppliers, for 3 days of business opportunities, networking and veteran education.

For some-more information, greatfully visit: http://www.gibtm.com/

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