News about YTL

Improved results in the property segment were due mainly to higher sales, while our hotels division continued to see better results following the gradual recovery of the tourism and hospitality sectors as the year progressed.

KUALA LUMPUR (May 27): YTL Corp Bhd reported a net profit of RM414.

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.