Yong Tai Berhad is a public company listed on the Main Market of Bursa Malaysia which core business is in tourism related property development.
Forging ahead, diversification and expansion of our offerings will take place through leveraging upon opportunities across segments that can add value to the business chain. We will continue to implement practical innovation, unafraid of breaking the mold and doing things creatively. As we move forward, with boldness and confidence, we will stay true to our vision: nurturing and coaching our people, developing sustainable properties, giving back to the community, creating value and delivering superior returns to our shareholders.
If there is one statement more than any other which says everything about Yong Tai, it is this: “Dare to dream. Dare to do.” For it is this phrase which is most meaningful to all those who have been touched by us in one way or another. It is not just a wishful company slogan. It is a reminder to everybody in the company about how it all started. With a ‘Can Do’ spirit. This is the Yong Tai with whom people enjoy doing business.
Yong Tai's existing property projects are strategically located within the heritage
city centre of Malacca, one of the fastest
growing states in Malaysia.
When Datuk Wira Boo Kuang Loon started PTS Properties (now known as Yong Tai Berhad), he made two unprecedented moves. When smart people advise against building a modern corporate tower in Melaka as it was a high-risk venture—“the city wasn’t ready”—Datuk Wira Boo went ahead. Time and again throughout history, one man’s (or woman’s) intuition, and dream, have proven critics wrong. PTS Properties’ first corporate tower, Jaya 99, followed by a second, anticipated a pent-up and unfulfilled need and both were a resounding success. Jaya 99 not only brought in many international companies into a single building, but also achieved 100% tenancy rate.
Another dream was to elevate Melaka’s status as the ultimate tourist destination by hosting spectacular theatre performances based on its history and culture, like the internationally acclaimed Impression Series in China. However, funding a project which includes the building of a custom-designed theatre as well as delivering the performances was problematic—such an initiative was an unchartered territory for Malaysian investors. A decision was quickly made for the company to be listed on the stock exchange to raise funds. This has been met with success.
“It was fortitude that saw us through” remarked Datuk Wira Boo, a trait that Yong Tai has proven time and again. The greater the obstacle, the more we put our heads together to overcome it.
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Level 6-3, Tower B, Jaya 99,
99 Jalan Tun Sri Lanang,
75100 Melaka, Malaysia
Tel: +606 2277 555/333
Fax: +606 2277 322
Kuala Lumpur Office
A-7-01, Block A, Oasis Damansara,
No 2, Jalan PJU 1A/7A,
Ara Damansara, 47301 Petaling Jaya, Selangor, Malaysia
Tel: +603 7859 8865/8856
Fax: +603 7859 8864