Weaker utilities, lower cement earnings drag on YTL Corp's 2Q
KUALA LUMPUR (Feb 24): With no contracted power generation revenue and lower cement sales, YTL Corp Bhd's net profit slumped 37% on-year to RM147.
YTL Corp's unit buys Threadneedles Hotel in the UK
KUALA LUMPUR (Feb 3): YTL Corp Bhd’s wholly-owned subsidiary YTL Hotels & Properties Sdn Bhd has expanded its assortment of luxury properties in the United Kingdom, with the acquisition of the Threadneedles Hotel in London.
YTL Hospitality REIT fixes issue price of placement units at RM1.06 apiece
KUALA LUMPUR (Dec 1): YTL Hospitality Real Estate Investment Trust (YTL REIT) has fixed the issue price for 380 million placement units at RM1.
YTL Land to buy rest of Sentul Raya for RM252.42 mil
KUALA LUMPUR (Nov 30): YTL Land & Development Bhd has proposed to acquire the remaining 30% equity interest in Sentul Raya Sdn Bhd from Keretapi Tanah Melayu Bhd (KTMB) and its wholly-owned subsidiary KTMB (Sentul) Sdn Bhd for RM252.
YTL 1Q profit down 25% as earnings from most divisions fall
KUALA LUMPUR (Nov 18): YTL Corp Bhd saw its net profit drop 25% to RM150.
YTL Hotels acquires three properties in the UK
PETALING JAYA (Sept 29): YTL Hotels has recently acquired three properties in the UK — in Edinburgh, Berkshire and London — strengthening the company’s presence within the UK, the group announced in a press release today.
YTL Corp's 4Q net profit climbs 5.5%; plans 9.5 sen dividend
KUALA LUMPUR (Aug 26): YTL Corp Bhd's net profit climbed 5.
SC seeks to relax REIT rules
KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.
