YTL Corp sees better performance in 4Q, declares 2.5 sen dividend
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.
YTL Hospitality REIT in acquisition mode as yield-accretive assets emerge
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.
AmInvestment Bank Research cuts FV for Pavilion REIT, IGB REIT and YTL Hospitality REIT, increases it for Sunway REIT
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.
Malayan Cement to take over YTL Cement's cement and ready-mixed concrete biz in RM5.16b deal
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.
YTL says The Starhill's enhancement expected completion by Dec 2021
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.
Kwasa Land inks agreement with YTL to develop RM200m GDV project at Kwasa Damansara
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.
YTL Corp 2Q net profit up 75% on improvement in utilities, construction, cement segments
KUALA LUMPUR (Feb 25): YTL Corp Bhd’s net profit jumped 75.
YTL Hotels expands Ritz-Carlton portfolio in Japan
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.
YTL Corp unit submits plan for new Hangout pop-up village in Bristol
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.
YTL-controlled Starhill Global REIT obtains RM1.68b unsecured loan
KUALA LUMPUR (Dec 29): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), announced that the property trust’s trustee HSBC Institutional Trust Services (Singapore) Ltd has entered into a five-year S$550 million (about RM1.
