IMPRESSION CITY BY END 2017

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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.

Try Melaka Zoo Night Safari for some Night Time Fun

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The most visited zoo and night safari to explore in Malacca is popularly known as Melaka Zoo Night Safari situated in the Jalan Hang Tuah Jaya, Ayer Keroh; Melaka city in Malaysian peninsular. Although, historic facts depicts that it was first invented in the year 1963 was governed by the Melaka authoritarian sector than in 2013 its care taker has taken its control by the private organization mainly. For instance, Melaka Zoo Night Safari was renowned around the globe after its control when it was governed privately.  It is also one of the recommend tourist attractions in Melaka to visit.

Melaka Zoo Night Safari

Melaka Zoo Night Safari is constructed in a spacious land that is actually measured around fifty-four acres of land respectively. Due to its huge area occupied in the establishment of the Zoo Melaka, it is similarly famous for being the second largest zoo in Melaka.

Adoption of natural and adventurous segments introduced

The private company that has predominantly taken the ownership as its caretaker is actually identified as Konsortium KKW Sdn Bhd. Hence, its actual mission is to bring a positive change in the Melaka Zoo Night Safari by inventing innovative task in terms of introducing new wildlife species in the zoo. It is also establishing various learning methodologies in order to understand the ecology of different species, the breeding process of distinct animals have been understood by the zoo management as well as introducing innovative vision of physical activities and implementing such concepts through meticulous objectives planned for making the Melaka Zoo more attractive for the tourism purpose primarily.

Thus, through exploring further the Night Safari Melaka; its visitors can be able to observe the species in their natural homes while at night (after sunsets). There are multiple programs being organized by the Melaka Zoo Night Safari from the infant level to the university grads as well through a long stroll in order to make them familiar with the surrounding species.

Suitable timings for the Melaka Zoo Night Safari exploration

We are thus allowed to explore the Melaka Zoo and Night Safari attractions on a daily basis during the whole day at specified timings that begin from 9am in the morning till 6pm by evening. The Night Safari timings are from 8pm to 11pm so you can plan your trip in a way that you can see both Zoo Night Safari. It is similarly essential to purchase the number of tickets at prior in order to explore its temptations without wasting your precious journey time. Here we can simultaneously grab the feasible opportunity to view the night safari attractions as well that can be availed specifically on nights of Fridays and Saturdays, during government holidays and also during the school off days as well. The tickets are usually sold between the timings from 8pm till 10:30pm.

Attributes of Melaka Zoo Night Safari

It is the sole responsibility of a visitor to know the necessary attributes prior to visiting the Melaka Zoo. For instance, the visitor must plan the whole day journey in order to explore the attractions of the zoo in a real sense. While enjoying the zoo, people implicitly avails the facilities like a separate prayer room built in the vicinity, there is also guest room located here, first aid is also available in case of any emergency and other numerous facilities can also be explored.

Though, Melaka Zoo Night Safari is not as big as Singapore Night Safari or others but it does provide a unique experience to the visitors. If you’re looking for some nighttime activities in Melaka, a visit to night safari is highly recommended, which is also among the best things to do in Melaka.

If you have visited the night safari in Melaka and would like to share your experience, please do so by adding comments below.

Address: Jalan Hang Tuah Jaya, Ayer Keroh, 75450 Melaka
Phone: +61300 22 3000
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