News about YTL

KUALA LUMPUR (July 20): YTL Land will be bringing in the first Japan brand specialty store Don Don Donki by early 2021.

KUALA LUMPUR (July 13): AmInvestment Bank Research has  upgraded the building material sector to “Neutral” (from Underweight) and said it sees a mixed picture for the sector.

KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.

KUALA LUMPUR (June 17): YTL Corp Bhd's net profit for the third quarter ended March 31, 2020 dropped 66% to RM29.

KUALA LUMPUR (April 22): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.

KUALA LUMPUR (Feb 20): Malayan Cement Bhd remained in the red in its latest quarter ended Dec 31, 2019, with a net loss of RM38.

KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.

KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.

KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.

KUALA LUMPUR (Nov 25): YTL Group has reportedly submitted its planning application to local councils for a 17,000 capacity entertainment arena on the northern edge of Bristol, UK.