Yee Lee, TCP Group aim for 60% market share
KUALA LUMPUR: Yee Lee Corp Bhd and Thailand’s TCP Group have strengthened their collaboration to boost market share in the energy drinks sector to 60% in five years via a Red Bull brand reinforcement. TCP chief executive officer Saravoot Yoovidhya said Red Bull had a 51.3% market share moving annual target within the energy drink category in […]
Radio station 988 and Yee Lee team up for more chinese new year festivities
This year’s Chinese New Year is highly anticipated as many weren’t able to celebrate with family and loved ones last year due to pandemic restrictions. With that in mind, Yee Lee hopes to bring back the festivities of CNY through its collaboration with local Chinese radio station 988 for its annual Lunar New Year project, […]
Yee Lee major shareholders make takeover offer
PETALING JAYA: Yee Lee Corp Bhd’s major shareholders, which own a combined 89.94% stake in the company, have launched a voluntary takeover to acquire the remaining shares at RM2.06 per share. Yee Lee, which trades in edible oil, said in a filing with Bursa Malaysia that it had received the voluntary takeover offer from its […]
Yee Lee founder, shareholders, PE fund to take group private
KUALA LUMPUR (April 26): Yee Lee Corp Bhd will be taken private by its founder and executive chairman Datuk Lim A Heng @ Lim Kok Cheong as well as its other shareholders. According to a bourse filing today, A Heng, his wife Datin Chua Shok Tim @ Chua Siok Hoon, the couple’s son and group […]
Spritzer, Yee Lee Corp Donate RM1 Million To Tabung Harapan Malaysia
IPOH: Spritzer Bhd and Yee Lee Corporation Bhd collectively donated RM1 million to the Tabung Harapan Malaysia (THM) here, on Saturday. Spritzer Bhd research and development director, Dr Chuah Chaw Teo said, the company felt compelled to do its part to help the government tackle its financial woes. “Based on the spirit of patriotism, as […]
Yee Lee Ups Stake In Spritzer
KUALA LUMPUR (April 10): Yee Lee Corp Bhd has acquired 1.3 million shares in associate company Spritzer Bhd, for a total of RM3.07 million in cash. In a filing with the stock exchange today, Yee Lee said the acquisition was done at RM2.36 apiece, via an off-market transaction with its independent non-executive director, Datuk Mohd […]
Yee Lee , Tasco Agrees To Develop A Trading, Distribution And Logistics Business
KUALA LUMPUR: Yee Lee Corp Bhd and Tasco Bhd have entered into a shareholders’ agreement to jointly develop a business involving trading, distribution and logistics through YLTC Sdn Bhd. Tasco plans to subscribe for 999,998 shares in YLTC, the joint-venture company that is currently wholly-owned by Yee Lee Trading Co Sdn Bhd (YLT), which in […]
Yee Lee Targets At Least 10% Growth In Revenue
Yee Lee Corp Bhd’s performance is moving a notch higher. The diversified consumer company expects to sustain the momentum that was achieved last year into the financial year 2016 ending December (FY16). “For the FY16, we are targeting a growth of at least 10% in revenue. Of course we will aim to achieve more than […]