Yoong Onn Corporation

YOCB

MYL5159OO008

Home Furnishings

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
2.46 ^MYR	+0.41%		-0.40%	+53.75%

Feb. 27	Yoong Onn Corporation Berhad Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI
Feb. 27	Yoong Onn Corporation Berhad Appoints LIEW SHU NING as Joint Company Secretary	CI

Yoong Onn Corporation Berhad agreed to acquire 60% stake in T.C. HOMEPLUS PTE LTD from Wong Fun Ngian, Wong Fun Foong, Ang Teng Poh and Lim Ting Han, Eddie for SGD11 million.

November 01, 2023

Yoong Onn Corporation Berhad (KLSE:YOCB) agreed to acquire 60% stake in T.C. HOMEPLUS PTE LTD from Wong Fun Ngian, Wong Fun Foong, Ang Teng Poh and Lim Ting Han, Eddie for SGD11 million on November 2, 2023. The Proposed Acquisition will be satisfied via internally generated funds. The Board expects the Proposed Acquisition to be completed in the fourth quarter of 2023.

UOBKH has been appointed by Yoong Onn Corporation Berhad to act as the Financial Adviser for the Proposed Acquisition.

Latest news about Yoong Onn Corporation

Yoong Onn Corporation Berhad Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 27	CI
Yoong Onn Corporation Berhad Appoints LIEW SHU NING as Joint Company Secretary	Feb. 27	CI
Yoong Onn Corporation Berhad Announces Resignation of TAN SIEW HONG as Joint Company Secretary	Feb. 27	CI
Yoong Onn Closes MYR38.2 Million T.C. Homeplus Equity Acquisition	Jan. 15	MT
Yoong Onn Corporation Berhad completed the acquisition of 60% stake in T.C. HOMEPLUS PTE LTD from Wong Fun Ngian, Wong Fun Foong, Ang Teng Poh and Lim Ting Han, Eddie.	Jan. 11	CI
Yoong Onn Corporation Berhad Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 23	CI
Yoong Onn Corporation Berhad Approves Single Tier Final Dividend for the Financial Year Ended 30 June 2023	Nov. 23	CI
Yoong Onn Corporation Berhad agreed to acquire 60% stake in T.C. HOMEPLUS PTE LTD from Wong Fun Ngian, Wong Fun Foong, Ang Teng Poh and Lim Ting Han, Eddie for SGD11 million.	Nov. 01	CI
Yoong Onn Corporation Berhad Declares Final Single Tier Dividend for the Financial Year Ended 30 June 2023, Payable on 18 January 2024	23-10-23	CI
Yoong Onn Corporation Berhad Announces Redesignation of Tan Sri Datuk Seri Dr. Suleiman Bin Mohamed from Independent and Non Executive Director to Independent and Non Executive Chairman	23-09-25	CI
Yoong Onn Corporation Berhad Proposes Final Single Tier Tax-Exempt Dividend for the Financial Year Ended 30 June 2023	23-08-24	CI
Yoong Onn Corporation Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2023	23-08-24	CI
Yoong Onn Corporation Berhad Announces the Appointment of Mr. Yeoh Chong Keng as Non Independent and Non Executive Member of Remuneration Committee	23-08-24	CI
Yoong Onn Corporation Berhad Announces the Appointment of Mr. Yeoh Chong Keng as Non Independent and Non Executive Member of Nomination Committee	23-08-24	CI
Yoong Onn Corporation Berhad Appoints Mr. Yeoh Chong Keng as Non Independent and Non Executive Director	23-08-24	CI
Yoong Onn Corporation Berhad Appoints Mr. Yeoh Chong Keng as Non Independent and Non Executive Member of Audit Committee	23-08-24	CI
Yoong Onn Corporation Berhad Appoints Dato Tang Swee Guan as Independent and Non Executive Director	23-06-26	CI
Yoong Onn Corporation Berhad Appoints Dato Tang Swee Guan as Independent and Non Executive Member of Nomination Committee	23-06-26	CI
Yoong Onn Corporation Berhad Appoints Dato Tang Swee Guan as Independent and Non Executive Member of Remuneration Committee	23-06-26	CI
Yoong Onn Corporation Berhad Appoints Dato Tang Swee Guan as Independent and Non Executive Chairman of Audit Committee	23-06-26	CI
Yoong Onn Corporation Berhad Announces Resignation of Lee Kim Seng as Independent and Non Executive Director	23-05-31	CI
Yoong Onn Corporation Berhad Announces Resignation of Datuk Kamaludin Bin Yusoff as Independent and Non Executive Chairman	23-05-31	CI
Yoong Onn Corporation Berhad Announces Resignation of Yeoh Chong Keng as Independent and Non Executive Director	23-05-31	CI
Yoong Onn Corporation Berhad Announces Resignation of Datuk Hairuddin Bin Mohamed as Independent and Non Executive Director	23-05-31	CI
Yoong Onn Corporation Berhad Announces Resignation of Yeoh Chong Keng as Independent and Non Executive Chairman of Remuneration Committee	23-05-31	CI

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Company Profile

Yoong Onn Corporation Berhad is a Malaysia-based integrated designer, manufacturer, distributor and retailer of home linen and bedding accessories. Its segments include Investment holding, Design and manufacturing, Retailing, and Distribution and trading. Its manufacturing activities are focused on bed and bath linen, bedding accessories and curtains. The Company markets its home linen under its brand names, namely Diana, Novelle, Red Danielle, Cotonsoft, Niki Cains, Oasis, Ann Taylor and Sarah Miller, among others. It has multiple distribution channels, including its Homeâs Harmony retail outlets and Niki Cains Homes Fashion Concept Store. The Company also provides homeware and lifestyle furniture, such as bed and bath linen; bed, bath, living room and kitchen accessories, and rugs, carpets and floor mats. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals and various others.

Sector

Home Furnishings

Calendar

2024-05-22 - Q3 2024 Earnings Release (Projected)

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Sector Home Furnishings Wholesale

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Home Furnishings Wholesale