Professional Documents
Culture Documents
Goh Cheng Poh Profiles
Goh Cheng Poh Profiles
Goh Cheng Poh Profiles
List of Investment Company and Their Respective Assets owned under Dato Seri Goh’s Group
• The HSR project, first proposed by Malaysia in 2013, is a 350km line th at would have slashed rail
travel time between Singapore and Kuala Lumpur to 90 minutes. Despite the RM72 billions project
has been postponed, however at such moment it would be a good pacifier for the investors whom are
awaiting golden opportunities. The postpone of HSR has put a halt for speculators and open up for
chances for real investors.
• Johor plans to build a third link bridge in Sungai Rengit in Pengerang, Kota Tinggi district, to ease
the traffic congestions at the Johor Causeway and the Second Link Crossing.
• Mentri Besar Datuk Osman Sapian on 30/08/2018, said the bridge would link the southeast part
of Johor with Pulau Ubin in Singapore.
• He said the state government was in talks with a company which had shown a strong interest in
undertaking the project.
• "If everything goes as planned, we could see the bridge taking place within the next three to four
years," said Osman.
• He said the project would further boost development and economic activities in Pengerang, on
top of the on-going multi-billion ringgit integrated petrochemical complex.
• KUALA LUMPUR, Nov 13 — Construction for the third bridge linking Malaysia to Singapore will
begin next year, Johor Mentri Besar Datuk Osman Sapian said.
• The controversial bridge to replace the 95-year-old Causeway is among several other mega
projects in Johor set to start in 2019, The Star reported and listed an airport in Mersing as
another.
• The MB was also reported explaining that the planned airport for Mersing is under the East Coast
Economic Region development and is meant for light aircraft.
• He added that the airport was not only to promote tourism but make Mersing a hub for the repair
and maintenance of light aircraft.
• DESPITE a slowdown in the property market, property transactions in Johor increased by 11.56%
— second only to Selangor for having the highest number of transactions.
• According to the National Property Information Centre (Napic), the overall volume of residential
property transactions has dropped by 7% from Q1 2017 to Q1 2018. In Johor, residential properties
below the RM500,000 mark dominated the sector with an increase of 616 units (13.21%) transacted.
http://www.starproperty.my/index.php/articles/property-news/property-investors-bullish-on-johor/
The land is constructed with 3 blocks of industrial buildings (Blok A, B & C) where Blok A comprises of
28 badminton court while Blok B comprises 6 futsal courts, known as “Hot Sport Arena”. Blok C premise
is now operating as a food court restaurant and steamboat restaurant with a gross floor area of 12,000 sq
ft, accommodating more than 100 tables.
Due to the strategic location, the sport complex is now being the top selection of most sport lovers and
also the place for annual sport events by nearby primary & secondary schools as well as the training
grounds for school’s badminton team.
The land acquisition is part of the Group’s intention to keep land bank for future mixed development use.
The 5 acres land for mixed development shall carry a Gross Development Value of circa RM80 millions.
In addition, the company is also an investment arm for property investment and invested in residential &
commercial properties. Within 5 years’ time, the company has a vast investment in prime location
properties, ie: KL & Johor with total initial investment of RM20m and todate, the total investment value
of properties has exceeded RM30m due to value appreciation.
Out of the 120 acres, approx. 35 acres has been replanted as Durian crops, D-197 variety, which is more
commonly known as “Musang King Durian”. The group is planning to further replant to a total of 70
acreage for Durian Crops.
Other than plantation land, the Group also owns approx. 25 acres of commercial and housing land bank
within the existing township of Tangkak meant for future mixed development use.
This company owns 81 pieces of converted residential development land with KM approval for
development of 81 unit of residential dwelling houses in township of Kota Tinggi.
They also own a 50,000 square feet land which is zoned as low cost & medium cost flat development
which is to cater for 60 unit of low cost housing development.
Entire Gross Development Value is approx. RM40 millions. The group is actively seeking for
experienced developers for Joint Venture opportunity to develop the said land and currently is in
negotiation with few local developers.
Other than residential development, the group also owns a total of 4 acres commercial land in Kota Tinggi
which is to be developed into 48 unit of 2 storey shop-houses with Gross Development Value of RM28
millions.
Asia Taipan Resources Sdn Bhd
The company owns an area of 6.2 acres industrial land within matured industrial estate of Bandar Baru
Permas Jaya. The land is situated right between 2 listed companies’ existing factory premise which has
huge potential for industrial development. The group has planned to develop the land into light industrial
factory for 60 unit of 1 ½ storey terrace factory, with estimated gross development value of RM78
millions in near terms.
refinery and a petrochemical complex with a combined 3.609 million metric tons-per-year production capacity.
On 28/03/2018, Petroliam Nasional Bhd (Petronas) and Saudi Aramco has formed two joint ventures for the
Refinery and Petrochemical Integrated Development (RAPID) project. Saudi Aramco is to invest USD 7billions for
the Pengerang Rapid Project.
The 7 pieces of land has been constructed with 7 unit of independent 4 storey commercial buildings and 3 unit has
been completed, while the rest 4 unit has reached 70% construction stage. The total development is approx. RM15
millions. All 7 units is looking for potential investors for acquisition or long term leasing. With the on-going
development and expansion of Pengerang Rapid Project, the commercial lots in Pengerang is now said to weight as
gold mine for investors and land owners.
The company owns approx. 80 acres of matured oil palm plantation in Kota Tinggi, Johor, fully planted with trees
profile ranged between 7-12 years old, producing an average of 90 metric tons of fresh fruit bunches per month.
Although due to recent gloomy outlook of oil palm sectors in Malaysia, however the Malaysia government on Sept
4 2018 announced that the government will not allow any more expansion of oil palm plantations in the country,
Primary Industries Minister Teresa Kok said today with the aim to reduce the glut supply of palm oil and in the long
run to maintain and stabilize FFB & CPO price.