Gold Mining
A ‘Golden’ Opportunity for Yong Tai
Yong Tai to undertake gold mining projects as the sole and exclusive gold mining operator for over 247.105-acre site located in Kuala Lipis, Pahang
The Mining agreement is valid until May 11, 2025. Yong Tai could apply an extension of the mining lease for an additional of 5 years if the fold deposits in the land are not exhausted
The mining lease is co-owned by Tengku Fahad Mua’adzam Shah ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’ in Billah and Amazzing Logic Sdn Bhd. Tengku Fahad is also YTB’s existing join venture partner for Impression U-Thant Property development project.
“YTB believes the Group’s venture into mining business is in the best interests of the company and its shareholders because of the diversification of revenue stream through the sales proceeds arising from all gold, rock materials and other mineral extracted from the land in light of the Covid-19 pandemic.” it said
CONTACT US
Headquarters
No 3, Jalan KSB - Impression 8,
Impression City @
Kota Syahbandar, 75200 Melaka, Malaysia
Office Operation Hours During Pendamic:
Mon - Thurs: 9.00 am – 6.30 pm
Friday: Work from home
For urgent matter, kindly call the person in charge or contact
Tel: +606 270 7799
Fax: +606 270 7788
Kuala Lumpur Office
A-7-01, Block A, Oasis Damansara,
No 2, Jalan PJU 1A/7A,
Ara Damansara, 47301 Petaling Jaya,
Selangor, Malaysia
Office Operation Hours During Pendamic:
Mon - Thurs: 9.00 am – 6.30 pm
Friday: Work from home
For urgent matter, kindly call the person in charge or contact
Tel: +603 7859 8865/8856
Fax: +603 7859 8864