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YTL Cement acquires remaining 50% of Pahang Cement
chewbeesan@ytlesolutions.com - 12 September 2003 5:18:05 PM

Perbadanan Setiausaha Kerajaan Pahang, Pasdec Corporation Sdn Bhd and YTL Cement Berhad signed a Sale and Purchase Agreement for the purchase by YTL Cement of 50% of issued and paid-up share capital in Pahang Cement Sdn Bhd. YTL Cement currently owns 50% of the issued and paid-up share capital of Pahang Cement and upon completion of purchase, Pahang Cement will become a wholly owned subsidiary of YTL Cement while the Pahang State Government will become substantial shareholders of YTL Cement Berhad. [more...]



YTL Corporation Berhad Full-Year Profit Hits RM1 Billion (USD280 Million)
izan@ytlcommunity.com - 28 August 2003 5:05:12 PM

YTL Corporation Berhad revenue increases 58% to RM4 billion (USD1 billion)
YTL Power International Berhad revenue grows 112% to RM3 billion (USD840 million)
YTL Cement Berhad makes RM428 million (USD113 million)
YTL Land & Development Berhad revenue grows by 77%
YTL e-Solutions Berhad profit soars 57%
YTL announces high dividends [more...]



YTL’s Journey of Thanksgiving
chewbeesan@ytlesolutions.com - 8 August 2003 4:59:25 AM

YTL. . . until recently the company known only to Britain’s financial community, savvy investors and travellers to YTL’s resorts and hotels, was tonight the toast of the City of Bath and the country! For 10 days, as the huge stage grew on Bath's Royal Crescent, the people of the counties of Wessex (whose water is supplied by YTL’s Wessex Water) had become enraptured by the forthcoming YTL Concert of Celebration 2003 featuring the world famous ‘Three Tenors’, Jose Carreras, Placido Domingo and Luciano Pavarotti. [more...]



YTL Corp exercises pre-emption right over 116,721,932 shares in YTL Power International
azlan@ytlcommunity.com - 23 July 2003 5:27:54 PM

Richard McIndoe, CLP-PA MD said, “We have enjoyed a close relationship with YTL for the past 4 years. Unfortunately, the privatisation opportunities in Malaysia which we decided to explore together are no longer available. However, CLP-PA looks forward to exploring opportunities to work with YTL Power International in other markets in the region.” Tan Sri Francis Yeoh, MD of YTL group said, “We have enjoyed an extremely good working relationship with CLP-PA and appreciate their reasons for selling the shares. We are confident that we will have other opportunities to work with them in the future when our business objectives converge.” [more...]



YTL Corp profits RM204.9 million from shares placement
Increase earnings by 14.13 sen; NTA increase by 10 sen

farah@ytlcommunity.com - 22 July 2003 5:52:22 PM

The Board of Directors of YTL Corporation Berhad is pleased to announce that the Company has completed a placement of 120,000,000 ordinary shares of RM1.00 each in YTL Power International Berhad, a subsidiary company listed on the KLSE to domestic asset management funds for a total cash consideration of RM348 million arrived at on a willing-buyer willing-seller basis. [more...]


 
 
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