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Tan Sri Francis Yeoh's Talks & Thoughts
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  18 October 2017
6:31:40 PM
Remembering Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay, 1929 - 2017
- YTL Group

It is with deep sadness that we inform that the late Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay, Executive Chairman of YTL Corporation Berhad and YTL Power International Berhad, passed away peacefully on 18 October 2017.... ›› more

    
   
 
  24 May 2018
6:06:26 PM
YTL Corp Records 9-Month Revenue of RM11.7 Billion (US$3.0 Billion) & Profit of RM903 Million (US$228 Million)
- Kuala Lumpur

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group registered an 8% increase in revenue to RM11.7 billion for the 9 months ended 31 March 2018, contributed mainly by the utilities, cement, hotels and construction businesses. Our utilities segment performed well for the period under review, with increases in revenue and profit before tax contributed by the contracted power generation and water and sewerage sub-segments. “The increase in revenue in the Group’s cement business was driven by higher sales volumes in all sub-segments, although profit before tax was impacted by higher production and finance costs, as well as competitive pricing in the domestic market. The construction segment registered an increase in revenue due to better site progress, but recorded lower profit before tax owing to lower construction margins and higher operating costs. “Meanwhile, the improved performance of the hotels segment was contributed mainly by The Hotel Stripes in Kuala Lumpur, the Sydney Harbour Marriott in Australia and 3 newly acquired hotels in the United Kingdom, offset by unrealised foreign exchange losses on intercompany balances and pre-opening and training expenses incurred by The Ritz-Carlton, Koh Samui, a new hotel in Thailand. In the Group’s management services segment, the increase in revenue was due mainly to higher interest income, whilst the loss before taxation incurred was primarily the result of the absence of one-off adjustments relating to the accounting treatment of a loan restructuring recorded by an associated company and higher finance costs.”... ›› more

 
  12 May 2018
9:03:54 AM
The Fennel wins big
- NST

THE Fennel, one of Sentul’s most valuable landmarks located in YTL Land & Development Bhd’s Sentul East development just north of KLCC, won a few prestigious awards at the recent PropertyGuru Asia Property Awards (Malaysia) 2018 awards here.... ›› more

   
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2 May 2018
5:24:15 PM

S.Korean pension fund stops trading with Samsung Sec after fat finger error - Reuters

South Korea’s biggest pension fund said on Tuesday it stopped trading stocks through Samsung Securities Co Ltd after fat finger error resulted in the accidental issuance of 2.8 billion shares to employees.... ›› more

 
 

2 May 2018
5:10:14 PM

Toppen Shopping Centre sets on becoming the new heart and hub of the Johor community - Homefinder

IKEA Southeast Asia fuses modern Scandinavian comfort & local hospitality for a unique one-stop shopping experience... ›› more

 
 

2 May 2018
2:33:22 PM

T-Mobile, Sprint say US$26 billion deal would give US tech lead over China - Channel News Asia

T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in an all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.... ›› more

   
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  TV3: YTL Corp Remains Of Yeoh Tiong Lay Laid To Rest

 

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