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7 June 2018
4:11:10 PM
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Bursa adds 12 new constituents to FTSE4Good Index
- The Edge Markets
Bursa Malaysia has added 12 new constituents to the FTSE4Good Bursa Malaysia (F4GBM) Index, bringing the total number of constituents to 56. They are Ajinomoto (M) Bhd, AMMB Holdings Bhd, Felda Global Ventures Holdings Bhd, Genting Malaysia Bhd, Hong Leong Bank Bhd, Kimlun Corp Bhd, Matrix Concepts Holdings Bhd, Sasbadi Holdings Bhd, SCGM Bhd, SEG International Bhd, V.S. Industry Bhd and YTL Power International Bhd....
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7 June 2018
3:24:23 PM
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YTL Corp & YTL Power International added into the F4GBM Index
- Bursa Malaysia
Both YTL Corporation and YTL Power International have been included into the FTSE4Good Bursa Malaysia Index – an index designed to identify Malaysian companies with recognised transparent and defined Environmental, Social and Governance (ESG) practices from the Top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index. As investors are increasingly concerned with the management of ESG risks in their portfolios, this is a timely milestone for YTL and it recognises us as a leader in promoting ESG or sustainable business practices and operations....
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24 May 2018
6:06:26 PM
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YTL Corp Records 9-Month Revenue of RM11.7 Billion (US$3.0 Billion) & Profit of RM903 Million (US$228 Million)
- Kuala Lumpur
YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group registered an 8% increase in revenue to RM11.7 billion for the 9 months ended 31 March 2018, contributed mainly by the utilities, cement, hotels and construction businesses. Our utilities segment performed well for the period under review, with increases in revenue and profit before tax contributed by the contracted power generation and water and sewerage sub-segments.
“The increase in revenue in the Group’s cement business was driven by higher sales volumes in all sub-segments, although profit before tax was impacted by higher production and finance costs, as well as competitive pricing in the domestic market. The construction segment registered an increase in revenue due to better site progress, but recorded lower profit before tax owing to lower construction margins and higher operating costs.
“Meanwhile, the improved performance of the hotels segment was contributed mainly by The Hotel Stripes in Kuala Lumpur, the Sydney Harbour Marriott in Australia and 3 newly acquired hotels in the United Kingdom, offset by unrealised foreign exchange losses on intercompany balances and pre-opening and training expenses incurred by The Ritz-Carlton, Koh Samui, a new hotel in Thailand. In the Group’s management services segment, the increase in revenue was due mainly to higher interest income, whilst the loss before taxation incurred was primarily the result of the absence of one-off adjustments relating to the accounting treatment of a loan restructuring recorded by an associated company and higher finance costs.”...
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15 May 2018
4:58:05 PM
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10 May 2018
9:03:54 AM
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The Fennel wins big
- NST
THE Fennel, one of Sentul’s most valuable landmarks located in YTL Land & Development Bhd’s Sentul East development just north of KLCC, won a few prestigious awards at the recent PropertyGuru Asia Property Awards (Malaysia) 2018 awards here....
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