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Kuala Lumpur-Singapore High Speed Rail to benefit local supply chain
Kuala Lumpur, 3 May 2018
The Kuala Lumpur – Singapore High Speed Rail ('KL-SG HSR') is expected to generate more than 70,000 jobs to deliver the civil works packages, thus creating opportunities for professionals, skilled workers, and students from all over the country to work along the corridor of the 335KM alignment within Malaysia.

YTL Group-Tabung Haji JV Selected as a Project Delivery Partner (PDP) for Kuala Lumpur-Singapore High Speed Rail Project
Kuala Lumpur, 5 April 2018
Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, Managing Director of YTL Corp and Director of YTL THP JV, said, "We are deeply passionate about this project, having explored the concept of a high-speed rail service to facilitate seamless travel between Kuala Lumpur and Singapore since the 1990s.

We are excited that the project is now coming to fruition and strongly believe that it will be transformative – connecting communities in Malaysia and Singapore – whilst playing a critical role in our country's uture economic growth as a vital component of the country's blueprint to develop world-class rail infrastructure. We wish to thank MyHSR Corp and the Government of Malaysia for their confidence in granting us the opportunity to participate in the KL-SG HSR Project".

Datuk Seri Johan Bin Abdullah, Chief Executive Officer of Tabung Haji, said, "Tabung Haji's participation in this venture would very well fit into our investment strategy that provides benefit to more than 9 million depositors of the fund. Tabung Haji and the YTL Group have a long standing partnership spanning more than 20 years, having together built the Express Rail Link project that connects Kuala Lumpur International Airport and klia2 to KL Sentral. Our partnership has successfully harnessed the capabilities and resources of both companies as we are driven by a common vision of creating long-term progress and economic growth in Malaysia. The ERL, having served more than 87 million passengers since 2002, exemplifies this vision, and our combined experience in rail projects has uniquely positioned us to successfully win and deliver the KL-SG HSR Project".

YTL's ERL Unveils New KLIA Ekspres Train
Kuala Lumpur, 14 March 2018
Tan Sri (Dr) Francis Yeoh said, "We are very proud of all our unsung heroes in YTL's ERL team. Since 2002, 88 million passengers have trusted us with this service. We have a punctuality record of 99.7%, one of the best in the world. The existing trains have travelled a total of 7 million kilometres equivalent to travelling around 160 times around the globe or 10 times to the moon and back.

"We have now invested on these new trains so that they will be able to carry up to 200 million passengers over the next few years. The team is expected and entrusted to keep this punctuality record of 99.7% and I know they will. May God bless them."

YTL Corp Registers Half-Year Revenue of RM7.8 Billion (US$2.0 Billion) & Profit of RM604 Million (US$154 Million)
Kuala Lumpur, 23 February 2018
YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group’s revenue increased by 10% to RM7.8 billion for the first half of the 2018 financial year, whilst profit before taxation grew 12% to RM836 million compared to the same period last year. Our utilities segment saw increases in revenue and profit before taxation resulting from the commencement of supply on 1 September 2017 from Paka Power Station under the new power purchase agreement in the contracted power generation sub-segment, coupled with better performance in the mobile broadband division following the launch of nationwide 4G LTE services last year.

“Our cement business recorded an increase in revenue on the back of higher sales volumes in the cement and quarry divisions, although profit before tax was affected by production cost increases and competitive pricing in the domestic market. The construction segment registered improved revenue due to better site progress, offset by lower construction margins.

“Meanwhile, in the hotels segment, the increase in revenue was contributed mainly by The Hotel Stripes in Kuala Lumpur, Sydney Harbour Marriott Hotel in Australia and 3 new hotels in the United Kingdom, with the decrease in profit before tax arising due to unrealised foreign exchange losses on intercompany balances.”

YTL Family Usher In Chinese New Year With Open House
Kuala Lumpur, 16 February 2018
YTL Corporation Berhad's annual Chinese New Year Open House was once again the scene of a vibrant celebration as the nation's leaders, royals, dignitaries, family, and friends gathered to usher in the Year of the Dog.

 
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