CIMB Research optimistic on YTL Corp securing HSR contract

KUALA LUMPUR (Jan 17): Following YTL Corp Bhd emerging as one of the five known joint venture (JV) consortiums bidding for the project delivery partner (PDP), operating company (OpCo) and assets company (AssetsCo) tenders for the Kuala Lumpur-Singapore high-speed rail (HSR), CIMB Research views this positively as it could increase its chances of securing an HSR contract.

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‘Share buy-back possible as YTL Corp hovers near 8-year low’

KUALA LUMPUR (Dec 6): YTL Corp Bhd managing director (MD) Tan Sri Dr Francis Yeoh, who witnessed the signing of agreements yesterday between its hospitality arm and US-based Marriott International Inc to build two new luxury hotels here, said he was unsure why the conglomerate’s share price was hovering near its eight-year low.

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