Investor Relations

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YTL Corp Announces Voluntary Share Exchange offer to YTL Cement Shareholders - 19 December 2011 4:15:15 PM

Commenting on the Offer, YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “This transaction represents a homecoming opportunity for the shareholders of YTL Cement as it provides them with the opportunity to better maximise the value of their investments by exchanging their shares into the diversified business of YTL Corp, the bulk of earnings of which are anchored by its regulated water and utilities concessions, as well as its cement, construction, property and hospitality businesses.

“YTL Corp, as a major shareholder of YTL Cement, recognises that the liquidity of YTL Cement’s shares has continued to remain at relatively low levels, which presents a challenge to YTL Cement’s shareholders looking to adjust their investment strategies or portfolios. We fully believe that the exchange into YTL Corp’s shares is the best option and will be mutually beneficial to both companies. For YTL Corp’s shareholders, the Offer represents an opportunity to increase YTL Corp’s stake in a highly efficient and profitable business and consolidate a greater proportion of its earnings and performance for the benefit of the wider Group.”

“YTL Cement has been listed on Bursa Securities since 1993, transferring to what is now the Main Market in 1997. During that time, the YTL Cement Group has grown exponentially, expanding its operations across the Peninsula and into overseas markets in China and Singapore. To date, YTL Cement has achieved significant operational efficiencies across its logistics and distribution networks and expanded the scope of its product offerings, and has done so without any significant need to tap the equity markets for capital. Therefore, we believe that the Offer will serve the interests of the shareholders of both YTL Corp and YTL Cement equally.” [more...]

YTL Corp's 3rd Quarter Revenue Grows 12% to RM13.1 Billion (US$4.3 Billion); Net Profit Increases to RM755 Million (US$249 Million) - 26 May 2011 4:52:51 PM

YTL Power Declares 1.875 sen (3.75%) Interim Tax Exempt Dividend; YTL Cement Declares 3.75 sen (7.5%) Interim Single Tier Dividend.
YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The first 3 quarters of the 2011 financial year have seen the Group’s revenue top the RM13 billion mark, with net profit of RM755 million. The increase continues to be contributed substantially by the Group’s overseas operations, notably, PowerSeraya, a power generation and multi-utility provider which has a 25% market share of Singapore’s licensed power generation capacity, and Wessex Water, a water and sewerage company in the UK. The Group’s cement division and overseas property development projects also contributed to the better performance during the quarter under review”. [more...]

YTL Corp's Half-Year Revenue Grows 13% to RM8.9 Billion (US$2.9 Billion)
Net Profit Increases 5% to RM443 Million (US$145 Million)
5 for 1 Subdivision of Shares Proposed - 24 February 2011 6:42:21 PM

YTL Power Declares 1.875 sen (3.75%) Interim Tax Exempt Dividend
YTL Cement Declares 3.75 sen (7.5%) Interim Single Tier Dividend
YTL e-Solutions Declares 1 sen (10%) Interim Single Tier Dividend

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The growth over the first half of this financial year was driven primarily by strong performance in our key utilities and cement divisions. In other areas, the reorganisation of our property development and hotels businesses is ongoing and is intended, upon completion, to streamline the Group’s operations in those spaces. We also continue to see good development of our ‘YES’ 4G mobile internet with voice service, launched in November last year, and are focused on further developing our coverage network and range of devices.

“YTL Corp, meanwhile, is proposing to undertake a 5 for 1 subdivision of its shares in order to increase the affordability, liquidity and attractiveness of YTL Corp’s shares to potential investors, as well as our existing shareholders.” [more...]

Proposed disposal by YTL Corp subsidiaries of hospitality assets to Starhill REIT & Proposed acquisition by Starhill REIT of hospitality assets - 16 December 2010 9:47:59 AM

YTL Corp Bhd is selling four properties to Starhill Real Estate Investment Trust (REIT) for RM472 million and leasing them back. The properties are Cameron Highlands Resort, Hilton Niseko in Japan, Vistana Penang and Vistana Kuala Lumpur. [more...]

YTL revenue exceeds RM16b in H1 - 20 August 2010 12:07:04 PM

YTL Corporation Bhd announced today that its revenue exceeded the RM16 billion mark for the first time in its financial year ended June 30, 2010. The integrated infrastructure conglomerate recorded an 84.5 per cent increase in revenue at RM16.41 billion from RM8.89 billion the previous year. Pre-tax profit rose to RM2.3 billion from RM1.64 billion previously, said managing director Tan Sri Dr Francis Yeoh Sock Ping. [more...]

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