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YTL Power International completes acquisition of interest in 1,220MW Jawa Power station
farah@ytlcommunity.com - 10 December 2004 1:43:10 PM

YTL Power International Berhad (YTLPI) has announced that it has completed the acquisition of a 35% shareholding and certain loan stock interests in PT Jawa Power. YTLPI will also acquire 100% of the shares of PT Powergen Jawa Timur, the operator of the power station under a 30-year agreement. [more...]



YTL Cement's additional 32.74% acquisition and mandatory offer of Perak-Hanjoong Simen gets MITI go-ahead
jessiechew@ytlcommunity.com - 7 December 2004 1:39:56 PM

The proposed acquisition by YTL Cement Berhad of Perak-Hanjoong Simen Sdn Bhd from Danaharta Managers Sdn Bhd of l09,658,000 shares of RM1.00 each representing 32.74% for a cash consideration of RM109,658,000, and the mandatory general offer in accordance with the Malaysian code on take-overs and mergers, 1998 for 117,742,000 ordinary shares of the remaining 35.16% of paid-up share capital not already held by YTL Cement upon completion of the proposed acquisitions has been approved by the Ministry of International Trade and Industry. [more...]



YTL lends support to bringing world-class artist to KL
chewbeesan@ytlesolutions.com - 6 December 2004 3:06:34 PM

The National Art Gallery has unveiled the blockbuster exhibition by Greek artist, Sophia Vari. YTL Power International plays a part in helping to bring world-class exhibitions to Kuala Lumpur, as the city becomes a major centre for the arts. The day before the launch, YTL chief, Tan Sri Francis Yeoh and his wife, Puan Sri Rosaline Yeoh hosted a luncheon for Vari, and her husband and renowned Columbian artist, Fernando Botero. [more...]



YTL Corp Q1 net profit up 29.7% to RM161 million (USD43 million)
izan@ytlcommunity.com - 26 November 2004 2:57:42 PM

YTL Corp 1st Quarter Net Profit Up 29.7% to RM161 Million (USD43 Million)
YTL Power Net Profit Grows to RM157 Million (USD41 Million)
YTL Cement Records 55% Growth in Net Profit to RM35 Million
YTL Land Records 329% Growth in Net Profit to RM9 Million
YTL e-Solutions’ Net Profit Down on the Back of Lower Revenue [more...]



Spa Village hauls in 5 awards, Starhill Spa wins maiden award
chewbeesan@ytlesolutions.com - 9 November 2004 4:04:15 PM

YTL Hotels and Properties’ Spa Village at Pangkor Laut Resort and Starhill Spa at JW Marriott Hotel Kuala Lumpur did Malaysia proud by winning various categories at the inaugural Spa Asia Crystal Awards 2004, competing alongside a number of established spas in Asia. [more...]


 
 
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