News about YTL

KUALA LUMPUR (April 22): YTL Power International Bhd's subsidiary, YTL Data Center Holdings Pte Ltd (YTL DC), announced that work has started on the first 72-megawatt (MW) of its 500MW data centre campus in Johor, the first data centre park in Malaysia to be powered by renewable solar energy.

KUALA LUMPUR (Sept 8): YTL Corp Bhd closed its fourth quarter ended June 30, 2021 (4QFY21) with a swing to profit before tax (PBT) of RM110.

KUALA LUMPUR (Sept 2): 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, analysts said.

KUALA LUMPUR (June 11): AmInvestment Bank Research has cut its fair value (FV) for Pavilion Real Estate Investment Trust (REIT) and IGB REIT, while increasing its FV for Sunway REIT.

KUALA LUMPUR (May 12): YTL Cement Bhd, a subsidiary of YTL Corp Bhd, today inked an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its 76.

KUALA LUMPUR (April 27): The ongoing asset enhancement work for The Starhill retail and hospitality property along Jalan Bukit Bintang here is expected to be completed by December 2021, according to the asset owner’s manager YTL Starhill Global REIT Management Ltd.

KUALA LUMPUR (April 22): The Employees Provident Fund's wholly-owned Kwasa Land has inked an agreement with YTL Corp Bhd to develop a residential project in Kwasa Damansara with an estimated gross development value (GDV) of RM200 million.

KUALA LUMPUR (Feb 25):  YTL Corp Bhd’s net profit jumped 75.

KUALA LUMPUR (Jan 20): YTL Corp Bhd’s operating unit YTL Hotels has expanded the Ritz-Carlton Reserve portfolio with the opening of Japan's 50-room Higashiyama Niseko Village resort (pictured), which is the first Japanese Ritz-Carlton Reserve and YTL Hotels' fifth destination in Niseko Village, according to a news report by CLAD.

KUALA LUMPUR (Jan 20): YTL Group has reportedly submitted its planning application to local councils for a new development called the Hangout, a pop-up village which offers tipi-style restaurants, temporary retail and entertainment space in Bristol, the UK.