Board Change • Apr 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Boon Liew was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM62.9m market cap, or US$15.4m). Announcement • Nov 29
Country Heights Holdings Berhad Announces Redesignation of CHUAH TIAN PONG from Executive Director to Non Executive Director, Effective 01 December 2025 Country Heights Holdings Berhad announced the Redesignation of Mr. CHUAH TIAN PONG, age 53 from Executive Director to Non Executive Director, Effective 01 December 2025. Qualifications: Degree: Architecture in Robert Gordon University, Aberdeen, Scotland, United Kingdom; Others: Architecture in Robert Gorden University, Aberdeen, Scotlant, United Kingdom as Post Graduate Diploma Qualification. Working experience and occupation: Ar. Chuah Tian Pong has more than 25 years of working experience in both consultancy and property development companies handling residential and commercial projects including high-rise buildings. His forte is in planning, design and value engineering. Reported Earnings • Nov 04
Full year 2025 earnings released: RM0.087 loss per share (vs RM0.38 loss in FY 2024) Full year 2025 results: RM0.087 loss per share (improved from RM0.38 loss in FY 2024). Revenue: RM46.0m (down 12% from FY 2024). Net loss: RM27.9m (loss narrowed 75% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Oct 29
Country Heights Holdings Berhad, Annual General Meeting, Dec 15, 2025 Country Heights Holdings Berhad, Annual General Meeting, Dec 15, 2025, at 11:00 Singapore Standard Time. Location: hall of fame, the mines resort & golf club, jalan kelikir, mines resort city, selangor darul ehsan., 43300 seri kembangan, Malaysia New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM60.3m market cap, or US$14.3m). Board Change • Aug 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Senior Independent Non-Executive Director Tee Ong is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 13
Khoo Bee Sim and Tang Kiah Ming entered into a Shares Sale Agreement to acquire Versatile Champion Sdn Bhd from Country Heights Holdings Berhad (KLSE:CHHB) for MYR 0.6 million. Khoo Bee Sim and Tang Kiah Ming entered into a Shares Sale Agreement to acquire Versatile Champion Sdn Bhd from Country Heights Holdings Berhad (KLSE:CHHB) for MYR 0.6 million on June 12, 2025. As part of the acquisition, Khoo Bee Sim and Tang Kiah Ming to acquire 100% equity stake or 2 ordinary shares in Versatile Champion Sdn Bhd. As part of the consideration, MYR 0.06 million will be paid upon execution of the Shares Sale Agreement and the remaining MYR 0.54 million will be payable within three days from the Completion Date. The proceeds from the sale will be utilized for working capital purposes, including payment to creditors and general corporate and administrative expenses.
The Proposed Disposal is not subject to the approval of the shareholders of CHHB. The Proposed Disposal may be subject to the approval or consent from the relevant government authorities. The transaction is expected to be completed within three months from the date of the Shares Sale Agreement. Announcement • Mar 25
Country Heights Holdings Berhad Announces Redesignation of Chua Hee Boon from Non Independent and Non Executive Director to Non Independent and Executive Director, Effective 1 April, 2025 Country Heights Holdings Berhad announced redesignation of Mr. Chua Hee Boon, age 52 from Non Independent and Non Executive Director to Non Independent and Executive Director. Date of change is 1 April, 2025. Announcement • Jun 26
Country Heights Holdings Berhad Announces Retirement of Zhang Yan as Independent and Non Executive Independent Director Country Heights Holdings Berhad announced the retirement of DR ZHANG YAN as Independent and Non Executive Independent Director. Age 51, Date of change 26 June 2024. Announcement • May 01
Country Heights Holdings Berhad, Annual General Meeting, Jun 26, 2024 Country Heights Holdings Berhad, Annual General Meeting, Jun 26, 2024, at 11:00 Singapore Standard Time. Location: The Mines Resort & Golf Club, Jalan Kelikir, Mines Resort City Seri Kembangan Selangor Malaysia Agenda: To consider proposed renewal of shareholders' mandate for existing recurrent related party transactions of a revenue or trading nature. Announcement • Feb 28
Country Heights Holdings Berhad Announces the Retirement of Dr. Yip Chun Mun as Managing Director, Effective from March 1, 2024 Country Heights Holdings Berhad announced the retirement of Dr. Yip Chun Mun, age 61, Male, as Managing Director, date of change is March 1, 2024. Announcement • Sep 27
Country Heights Holdings Berhad Announces Resignation of Miss Lee Sow Lin as Non Executive Director Country Heights Holdings Berhad announces resignation of Miss Lee Sow Lin, 63, as Non Independent and Non Executive Director. Date of change 26 Sep 2023. New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (RM115.7m market cap, or US$24.8m). Reported Earnings • Jun 02
First quarter 2023 earnings released: RM0.01 loss per share (vs RM0.007 profit in 1Q 2022) First quarter 2023 results: RM0.01 loss per share (down from RM0.007 profit in 1Q 2022). Revenue: RM11.3m (up 22% from 1Q 2022). Net loss: RM2.96m (down 246% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Announcement • May 17
Country Heights Holdings Berhad Announces Resignation of Yong Sie Hoong as Chief Financial Officer Country Heights Holdings Berhad announced the resignation of Mr. Yong Sie Hoong, aged 48, as Chief Financial Officer to pursue other personal goals. Date of change is May 16, 2023. Reported Earnings • Mar 03
Full year 2022 earnings released: RM0.28 loss per share (vs RM0.01 profit in FY 2021) Full year 2022 results: RM0.28 loss per share (down from RM0.01 profit in FY 2021). Revenue: RM45.8m (down 56% from FY 2021). Net loss: RM81.6m (down RM84.3m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Mar 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Executive Director Hee Chua was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 15
Country Heights Holdings Berhad Announces the Resignation of Mr. Chong Khing Chung as Independent and Non Executive Member of Audit Committee Country Heights Holdings Berhad announced the resignation of Mr. Chong Khing Chung as Independent and Non Executive Member of Audit Committee. Age 55. Composition of Audit Committee Ong Tee Chin - (Chairman/Independent Non-Executive Director) 2. Hor Siew Leong - (Member/Independent Non-Executive Director). Reported Earnings • Dec 03
Third quarter 2022 earnings released: RM0.031 loss per share (vs RM0.068 profit in 3Q 2021) Third quarter 2022 results: RM0.031 loss per share (down from RM0.068 profit in 3Q 2021). Revenue: RM13.2m (down 81% from 3Q 2021). Net loss: RM9.30m (down 150% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. MD & Executive Director Jared Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2022 earnings released: RM0.021 loss per share (vs RM0.018 loss in 2Q 2021) Second quarter 2022 results: RM0.021 loss per share (down from RM0.018 loss in 2Q 2021). Revenue: RM9.29m (up 11% from 2Q 2021). Net loss: RM6.28m (loss widened 28% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Board Change • Aug 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. MD & Executive Director Jared Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
First quarter 2022 earnings released: EPS: RM0.007 (vs RM0.019 loss in 1Q 2021) First quarter 2022 results: EPS: RM0.007 (up from RM0.019 loss in 1Q 2021). Revenue: RM9.25m (up 19% from 1Q 2021). Net income: RM2.03m (up RM7.20m from 1Q 2021). Profit margin: 22% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 34%, compared to a 19% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.01 (up from RM0.12 loss in FY 2020). Revenue: RM100.0m (up 173% from FY 2020). Net income: RM2.65m (up RM36.5m from FY 2020). Profit margin: 2.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Dec 21
Country Heights Holdings Berhad (KLSE:CHHB) entered into a HOA to acquire Mines Waterfront Business Park Sdn Bhd from TSL and Puan Sri Tan Bee Hong for MYR 400 million. Country Heights Holdings Berhad (KLSE:CHHB) entered into a HOA to acquire Mines Waterfront Business Park Sdn Bhd from TSL and Puan Sri Tan Bee Hong for MYR 400 million on December 20, 2021. Proposed acquisition is of 4,334,999 ordinary shares held by TSL and 1 ordinary share held by PST in MWSB representing a total of 100.0% equity interested in MWSB (subsequent to the cancellation of 6,502,500 ordinary shares (held by CHISB) of the total 10,837,500 existing issued ordinary shares of MWSB to be undertaken in due course). The MWSB Purchase Consideration is to be fully satisfied through issuance of CHHB Shares at an issue price of RM1.4525 per Share. The issue price is based on the 5D-VWAMP of CHHB Shares up to and including the LPD of RM1.4525 per Share. The transaction is conditional upon completion of financial and legal due diligence on the sale shares by CHHB to the satisfaction of CHHB; the Waterfront Land shall be free from any encumbrances and the MWSB shall be free from liabilities; the Waterfront Land or any part thereof shall not be charged, mortgaged, assigned, encumbered in any manner whatsoever; any debts, claims or rights against the MWSB shall be waived; the approval or consent of the appropriate authority or regulatory body (if applicable); the approval of the Board of the MWSB and the approval of the Board and Shareholders of the CHHB respectively; the cancellation of all the 6,502,500 Ordinary Shares held by CHISB, being 60% shareholding in the MWSB as at the date of this MNSB HOA, by way of capital reduction; and any other approvals of any authorities or parties as may be deemed necessary by the parties. M&A Securities Sdn. Bhd. acted as financial advisor for Country Heights Holdings Berhad. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: RM0.068 (up from RM0.02 loss in 3Q 2020). Revenue: RM70.6m (up RM62.7m from 3Q 2020). Net income: RM18.6m (up RM24.0m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 16
Independent & Non Executive Director Kim Lim has left the company On the 13th of September, Kim Lim's tenure as Independent & Non Executive Director ended after 1.0 years in the role. We don't have any record of a personal shareholding under Kim's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Sep 01
Second quarter 2021 earnings released: RM0.018 loss per share (vs RM0.021 loss in 2Q 2020) Second quarter 2021 results: Net loss: RM4.90m (loss narrowed 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 24
Executive Director Thai Lee has left the company On the 13th of August, Thai Lee's tenure as Executive Director ended. We don't have any record of a personal shareholding under Thai's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 13
Independent Non-Executive Director Chong Chew has left the company On the 30th of June, Chong Chew's tenure as Independent Non-Executive Director ended after 13.2 years in the role. We don't have any record of a personal shareholding under Chong's name. Chong is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 29
First quarter 2021 earnings released: RM0.019 loss per share (vs RM0.025 loss in 1Q 2020) First quarter 2021 results: Net loss: RM5.17m (loss narrowed 26% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2020 earnings released: RM0.12 loss per share (vs RM0.13 loss in FY 2019) Full year 2020 results: Net loss: RM33.6m (loss narrowed 2.8% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 25
New 90-day high: RM1.47 The company is up 18% from its price of RM1.25 on 26 November 2020. The Malaysian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 29
New 90-day high: RM1.43 The company is up 14% from its price of RM1.25 on 28 October 2020. The Malaysian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: RM1.33 The company is up 11% from its price of RM1.20 on 15 October 2020. The Malaysian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: RM1.30 The company is up 14% from its price of RM1.14 on 18 September 2020. The Malaysian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 21% over the same period. Reported Earnings • Dec 02
Third quarter 2020 earnings released: RM0.02 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: RM7.92m (down 67% from 3Q 2019). Net loss: RM5.37m (loss narrowed 40% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 02
New 90-day high: RM1.24 The company is up 35% from its price of RM0.92 on 03 July 2020. The Malaysian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period. Announcement • Sep 29
Country Heights Holdings Berhad Announces Board Changes Country Heights Holdings Berhad announced the stepping down of its Founder and Executive Chairman Tan Sri Lee Kim Yew from the Board of Directors by 1 January 2021 with new appointments in their top management brought in to execute the Group's new transformation plan to focus on `the Enabling of Digital Smart Cities and its Integrated Wellness business' via the adoption of block chain and platform technologies. The Group's transformation has brought in professionals led by Datuk Jared Lim Managing Director Mr. Kevin Chen Financial Director Mr. Ryan Xu Chief Technology Director and Mr. Gerard Lim as Independent Director with these key appointments announced on Bursa earlier this month. Datuk Jared Lim as a new Managing Director will bring in his experience and leadership in financial engineering private equity investments and digital transformation expertise. Mr. Kevin Chen has a proven track record in investment management real estate fintech and is one of the leaders in the block chain industry in sia. Mr. Ryan Xu Chief Technology Director is one of the pioneers in the block chain industry and has founded numerous block chain platforms and technologies. Mr. Gerard Lim as a new independent director will bring his 28 years of experience in Technology Media and Telecommunications sector having just stepped down from his role as Chief Digital Officer at the Malaysian Communications and Multimedia Commission (MCMC). Announcement • Sep 09
Country Heights Holdings Berhad Appoints Lim Chih Li @ Lin Zhili as Executive Managing Director Country Heights Holdings Berhad announced the appointment of Lim Chih Li @ Lin Zhili as Executive Managing Director, date of change is September 8, 2020. Datuk Jared started his professional career as a financial analyst for DBS Securities in Singapore and subsequently moved to Credit Lyonnais Securities.