YTL Corp 3Q net profit down 52.4% on lower construction margins
KUALA LUMPUR (May 25): YTL Corp Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) fell 52.
YTL Corp’s ability to meet its order book target in the near term in doubt
TL Corp Bhd (May 14, RM1.
Positive pre-election newsflow for KL-Singapore HSR, says CIMB IB Research
KUALA LUMPUR (May 4): CIMB IB Research retained its overweight call on the construction sector and said the key sector risks are execution delays and competition from foreign contractors.
Prasarana’s ex-CEO takes helm of YTL THP JV
KUALA LUMPUR (May 3): YTL THP JV Sdn Bhd, a joint venture between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd, has appointed former Prasarana Malaysia Bhd president and chief executive officer (CEO) Datuk Seri Azmi Abdul Aziz (pictured) as the company’s CEO.
MRCB-Gamuda, YTL-TH Properties get LoA for HSR
KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.
Gamuda expected to continue to benefit from infrastructure projects
Gamuda Bhd (April 6, RM5.
Major coup for MRCB-Gamuda, YTL-TH Properties
KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.
YTL REIT seen to deliver EPU growth
YTL Hospitality Real Estate Investment Trust (March 28, RM1.
YTL Power buys Dutch hotel for RM290m
KUALA LUMPUR (March 20): YTL Power International Bhd is acquiring Dutch company Bel Air Den Haag Beheer BV, which owns the 306-room Mariott The Hague, for €60.
