Boustead Plantations disposes of Johor land to YTL Power's unit for RM429m
The Edge Malaysia - September 28 , 2021
Boustead Plantations Bhd has proposed to sell Kulai Young Estate in Johor for RM429 million to YTL Power International Bhd’s 70%-owned subsidiary SIPP Power Sdn Bhd.
Starhill Global REIT stays vigilant and flexible to meet Covid-19 headwinds - Francis Yeoh
Edge Prop - September 24 , 2021
In view of the uncertainty and fluidity brought by the Covid-19 pandemic, Starhill Global Real Estate Investment Trust (Starhill Global REIT) will continue to stay vigilant and flexible in its approach to preserve balance sheet strength and liquid...
Ruth Yeoh: Sustainability Has Everything To Do With Stewardship
Read A - September 22 , 2021
"We have achieved some short-term goals but, as my father and mentor, Tan Sri (Sir) Francis Yeoh always says, the way forward is actioning long-term thinking. We believe in going beyond short-term goals and continuing to create long-term positive ...
CIMB and MIDF maintain their positive recommendations on YTL Corp, with target prices of 84 and 76 sen, respectively.
YTL Corp - September 10 , 2021
CIMB raised its target price for YTL Corp to 84 sen as it remained positive on the cement, construction and utilities business driving an earnings recovery in FY22-24 after being profitable in FY21. It believes the revival of rail projects will al...
Booming utilities, cement businesses drive up YTL pre-tax profit
NST - September 9 , 2021
"I am joyful that our global and local operations did much better than last year. There is 50 per cent improvement. The RM4.08 billion positive cash flow for the year is very impressive in this difficult economic environment," said Executive chair...
YTL Corp Registers Full-Year Revenue of RM17.4 Billion (US$4.1 Billion) & Profit Before Tax Jumps 52% to RM639 Million (US$152 Million)
YTL Corp - September 8 , 2021
YTL Corp Executive Chairman, Tan Sri (Sir) Francis Yeoh Sock Ping, PSM, KBE, said, ''The Group continued to see good results, with our utilities division in particular being bolstered by the ongoing turnaround of the merchant multi-utilities busin...
YTL's FY21 profit surges 52pct to RM638.5mil
NST - September 8 , 2021
Yeoh said the group's earnings before interest, tax, depreciation and amortisation (Ebitda) remained robust at RM4.08 billion for the financial year, approximating last year's results. This underscores the fundamental financial strength of the gro...
YTL's Starhill Global Reit joins FTSE EPRA Nareit Global Developed Index
SGREIT - September 3 , 2021
Tan Sri (Sir) Francis Yeoh, Executive Chairman of YTL Group said: ''We are indeed pleased that our SGR is included in this important Index. It shows YTL's continual commitment to sustainable practices in all our operations globally.''...
YTL Hospitality REIT in acquisition mode as yield-accretive assets emerge - AmInvestment Bank
The Edge Malaysia - September 2 , 2021
YTL Hospitality REIT is currently on the lookout for quality assets amid the industry downturn led by the pandemic, and does not rule out potential acquisitions in the near-to-medium term with the emergence of yield-accretive assets, said a resear...
Johnson Cautious Over Fulfilling UN Climate Fund Pledges
Barron's - September 19 , 2021
Forcing wealthy nations to honour their UN climate fund pledges this week will "be a stretch", British Prime Minister Boris Johnson admitted ahead of a Monday meeting with global leaders aiming to do just that.