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.

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Langkawi International Mountain Bike Challenge 2015

Langkawi International Mountain Bike Challenge 2015

LIMBC 2015 is back as the hottest mountain bike race in Malaysia and Southeast Asia. The 6th edition of the Langkawi International Mountain Bike Challenge 2015 will feature a 5-day stage race that kicks off with the 3rd UCI MTB Marathon Series Langkawi and finishes on the 24th of October.

 

Date: 18th – 24th October 2015

Venue: Eagle Square, Telaga Harbour, Oriental Village, Langkawi GeoPark and Pantai Kok

Organizer: Human Voyage (M) Sdn Bhd

Phone: 603-9222 0786

www.limbcmalaysia.com

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Christ Church Melaka – 17th Century Wonder in Malaysia

Melaka; state of Malaysia is packed with the south of Johor Bahru and at its north is Negeri Sembilan. Dating back to 15th century it was emanated from the renowned port city and has enjoyed of being the chain of great islands in the world. It was simultaneously noticed as the hub of eastern and western trade routes forming the passage of island in Melaka during the huge spread of Islam within Southeast Asia. Its economic defamation was visible when Portuguese captured the state in 1511 for hundred and thirty years approx. A Famosa fort was developed during the reign of Portuguese through the Red sea towards Nagasaki and Porta de Santiago was among its gateway which is still preserved and can be toured even today.

In the dates of 1803 to 1815 when the state was suffering by Napoleonic fights was then ruled by British Empire certainly which in 1824 was proven with the formation of Anglo-Dutch treaty then after two years in 1826 it came intact with Penang and Singapore island in order to better procurement of the passage between both the islands.

Christ Church Melaka

It was also noted that between the years of 1641 to 1824, an amalgamation of Portuguese and Dutch empires lowered the supremacy of the port to secondary level located on Java specifically. Then Dutch traders occupied the state of Melaka after taking it from Portuguese and inaugurated Christ Church Melaka therein.

Whereas, historic facts describe that dating back to 1753; the Christ Church Melaka was originally built by Dutch business men. Whereas the exact year of its inauguration is a bit confusing because related to some other facts the year of its formation depicts the year of 1741 in the cause of celebration that took place by the Dutch Empire. It was thus constructed on the church street known as Jalan Gereja where Presbyterian Church of Singapore and Malaysia is also seen here in the Malay Peninsula.

Special bright colored rides are available around the vicinity of Christ Church Melaka known as trishaws. The area where this church is built is one of the tempting monuments in the locality of the Stadthuys. There are two famous museums as well just in front of this church named as Ethnographical and Historical Museum.

Tourist fantastically possesses keen interest to visit Christ Church Melaka due to its historical background that is still kept alive to date. For the same reason visiting Christ Church Melaka is among best things to do in Melaka. The material of this monument is made of red bricks and the big white cross is seen on the top of it. The size of the church is not as huge and inside the church after entering the gate you may come across a long rectangular table having some selling products kept on it that are myriad catalogs and some religious stuff. Simultaneously you can also view around ten rows of long benches with comfortable back seat on it just before that huge table. The most eye catching view of this church is that the pews are all handmade and was formed around two hundred years back. A souvenir of Dutch army and civilians can be seen at large that includes fanlights and tiles particularly.

The vicinity of Christ Church Melaka is primarily filled with the cultural identity of Baba Nyonya (Between 15th and 17th century Chinese offspring visited to Malaysian and Singapore Peninsular) flourished with Nyonyan commercial and residential blocks i.e. houses and restaurants at large along the side.

I must say those who are fond of visiting ancient sites should come to view this church building. The Christ Church Melaka is among the recommended historical places to visit in Melaka. If you want to share your experience, please do so by adding comments below.

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DPM to launch Malaysia’s Pavilion at World Expo Milano 2015

DPM to launch Malaysia’s Pavilion at World Expo Milano 2015

http://www.nst.com.my/node/83622

MILAN, 9 May: Malaysia is poised to expand its relations with the European Union, be it in trade and investment or people-to-people connectivity. Deputy Prime Minister Tan Sri Muhyiddin Yassin urged the EU business community to discover, or re-affirm, Malaysia’s attraction as the preferred investment destination in Southeast Asia.

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Speaking at the launch of the Malaysia Pavilion at the World Expo Milano 2015 here today, Muhyiddin highlighted the country’s strong economic fundamentals, underpinned by comfortable levels of external reserves, low external debt, low unemployment, and healthy inflows of foreign direct investments. However, he acknowledged there were challenges, which the country was determined to meet to ensure and sustain growth. “We expect to grow to hold steady between 4.5 and 5.5 per cent this year despite the global economic environment,” Muhyiddin, who is on a three-day working visit to this Italian city, said.

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The deputy prime minister arrived here on Thursday. Muhyiddin said the success of the Economic Transformation Programme (ETP) launched in 2010 coupled with the Government Transformation programme (GTP) could be seen in the country’s trade and investment numbers. “We attracted a total of USD68 billion in investments, both foreign and domestic.

The services and manufacturing sectors continued to play the leading role with 63.4 per cent and 30.5 per cent contribution respectively towards the approved investments in 2014. “In terms of trade, Malaysia’s total trade expanded by two per cent to total about USD445 billion in 2014, compared with about USD435 billion in 2013.” Muhyiddin also spoke on the country’s improvement in competitiveness based on reports by international organisations such as the World Bank, the World Economic Forum and the Swiss Institute of Management Development.

The establishment on the Asean Community by Dec 31, this year, he added, would mark the fruition of the grouping’s goal of creating a regional entity of “one vision, one community, one identity”. “A key aspect of the Asean Community is the Asean Economic Community (AEC), designed to create a single market and production base in Asean. The establishment of the AEC at the end of this year sends a powerful signal that Asean is commited to market liberalisation and the facilitation of trade and investment.”

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On the Malaysia Pavilion which carries the theme Towards a Sustainable Food Ecosystem, Muhyiddin said its design reflected the nation’s rich biodiversity, and drew inspiration from a humble seed, a symbol of growth. The expo, held for the first time in 1914, showcases participating countries’ technologies in ensuring food sustainability.

Open to the public from May 1 to Oct 31, some 20 million visitors from around the world are expected to visit its 1.1 million square metres of exhibition area. A total of 145 countries are taking part in the expo this year, which would provide Malaysia a platform to display its development from an agricultural country to what it is today, as well as promote trade and investment. Visit http://www.malaysiapavilion2015.com.my/ for more details.

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NAZA Homestay Ayer Molek Melaka

NAZA Homestay Ayer Molek Melaka

10-15 minit : Melaka Central, Jusco Bandaraya, Tesco, Hang Tuah Mall, Jonker’s Walk, Bandar Hilir, Melaka  River Cruise,Politeknik Kota Melaka, Plaza Tol Ayer Keroh, Taman Rama-rama Reptilia, Taman Mini Malaysia, Taman ASEAN, Taman Botanikal, Zoo Melaka,Melaka Water ThemePark,MITC,MYDIN Hypermarket, Kota A’Famosa,Medan  Ikan Bakar dll.

 NAZA Homestay Ayer Molek Melaka Photos:NAZA Homestay Ayer Molek Melaka

NAZA Homestay Ayer Molek Melakahomestay-ayer-keroh-1NAZA Homestay Ayer Molek Melaka

Several Popular Historic Location Near The NAZA Homestay Ayer Molek Melaka

Fort A Famosa: Constructed by the Portuguese in 1511, it endured serious structural harm amid the Dutch attack. The arrangement by the British to obliterate it was prematurely ended as an aftereffect of the mediation of Sir Stamford Raffles in 1808.

St. John’s Fort: Reconstructed by the Dutch in the second from last quarter of the eighteenth century, the guns in this post point inland on the grounds that around then, the risk to Malacca was primarily from inland instead of the ocean.

St. Dwindle’s Church: Constructed in 1710 under the Dutch organization, the congregation is the most seasoned Catholic church in Malaysia. Its exterior and enhancing adornment is a blend of both eastern and western construction modeling. Its chime was conveyed from Goa in 1608.

St. Paul’s Church: Constructed by the Portuguese commander, Duarte Coelho, this congregation was named “Our Lady of The Hill”, however was later transformed into a cemetery by the Dutch for their honorable dead, and renamed “St. Paul’s Church”. As of now the congregation is a piece of the Malaccan Museums Complex. The collection of St. Francis Xavier was entombed here briefly before it was taken to Goa, India.

Christ Church: Constructed in 1753, the structure reflects unique Dutch structural engineering. The building houses hand-made church seats, jointless roof bay windows, a copper imitation of the Bible, a gravestone written in the Armenian dialect, and a reproduction of “The Last Supper”.

Francis Xavier Church: This Gothic church was fabricated by a French minister, Rev. Fabre, in 1849, to honor St. Francis Xavier who is otherwise called the “Messenger of the East”. St. Francis Xavier is credited for his Catholic evangelist work in Southeast Asia amid the sixteenth century.

Stadthuys: Constructed in 1650 as the home of the Dutch Governor and his representative, the structure reflects Dutch construction modeling. It is today the “Historical center of History and Ethnography”. The gallery displays conventional wedding garments and antiques of Melaka, going back to its days of brilliance.

Cheng Hoon Teng Temple: Located along Jalan Tokong (earlier Temple Street) in the center zone of the Malacca Unesco World Heritage Site. It is the most established working sanctuary in Malaysia and most amazing sanctuary in Malacca.

Jonker Walk: This Chinatown road is known for its classic rarity merchandise.

Portuguese Square: Located inside the Portuguese Settlement, the square is the zenith of Portuguese culture in its full magnificence and hues.

Sri Poyatha Moorthi Temple: This is the most seasoned Hindu Temple in Malaysia.[citation needed] It was based in 1781 ashore given by the Dutch to the Chitty group.

Tranquerah Mosque: The most seasoned mosque in Malacca.

Kampung Kling Mosque: Kampung Kling Mosque is one of the most seasoned mosques in Malaysia.  It was manufactured around 1784 with the impact of Sumatran construction modeling. Firstly, there’s no Byzantium arch around. It was supplanted by a layered pyramidal rooftop. Furthermore, simply take a gander at the minaret which is organized like a pagoda. There are even Chinese characters cut as an afterthought top of the mosque.

Visit NAZA Homestay Ayer Molek Melaka

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