Got logic on what you said

Hold; Price Target: RM1.70;
Dividend cut to conserve cash for acquisition. New acquisitions are crucial to cushion against earnings drop after expiry of Malaysian PPAs in 2015.

HwangDBS Research

YTL Power International steps up share buyback

YTL Power International Bhd stepped up its share buyback programme, purchasing 7.19 million shares on Wednesday for a total of RM13.218mil.

A filing with Bursa Malaysia showed it bought the shares from the open market at prices ranging from RM1.82 to RM1.84.

The recent purchase saw its cumulative net outstanding treasury shares as at to-date at 237.798 million shares or 3.34%.

Highest 1.88, but there's time price is 1.82-1.84 range. They bought that time

YTL Power buys back 67.5m shares for RM124.25m

YTL Power International Bhd has stepped up its share buyback programme, purchasing 67.516 million shares in October for RM124.25mil.

Filings with Bursa Malaysia on Thursday showed YTL Power bought 56.314 million shares from Oct 7 to 11 for RM103.58mil. The shares were bought at prices ranging from RM1.80 to RM1.89.

YTL Power had on Thursday also bought 11.202 million shares for RM20.675mil. The shares were bought at prices ranging from RM1.83 to RM1.85.

The recent share buybacks resulted in the cumulative net outstanding treasury shares to date at 273.928 million shares or 3.84%.

YTL Power buys back 9.7m shares for RM18.1m

YTL Power International Bhd continued to buy back its own shares from the market, with the latest purchase of 9.706 million shares for RM18.10mil.

A filing with Bursa Malaysia on Friday showed it bought back the shares at prices ranging from RM1.85 to RM1.86.

The latest purchase increased its net treasury shares to 303.52 million shares or a 4.25% stake.

Distribution of One (1) treasury share for every Twenty (20) existing ordinary shares of RM0.50 each held ("Share Dividend")

EX-date 11/03/2014
Entitlement date 13/03/2014

http://www.bursamalaysia.com/market/listed...cements/1544401

it's juz "cover-line" statement for their decision. We all know from beginning who gonna win the project

1400MW JOHOR PLANT: Talk is rife that YTL Power-led consortium will get project

THE Energy Commission is expected to award either the Track 4A or 4B power plant projects via direct negotiations and not through competitive bidding, as has been the practice since 2012.
An industry source said speculation is rife that a consortium led by YTL Power International Bhd will bag the multi-billion ringgit project.

The source said the commission is expected to release a letter of award to a private company for the contract to build a 1,400 megawatt closed-cycle gas turbine power plant in Johor, to be completed in 2018.

http://www.nst.com.my/business/todayspaper...8#ixzz33107MnJZ

SIPP-YTL-Tenaga JV picked for 1,000MW Johor power plant job

The consortium will develop a fast track combined cycle power plant (CCGT) using proven technology with a capacity of 1,000 MW to 1,400 MW in Pasir Gudang. This was on condition the technical and commercial proposals were acceptable to commission.

“The levelised tariff that may be considered competitive must be comparable to the Prai CCGT tender exercise concluded in 2012,” it said.

http://www.thestar.com.my/Business/Busines...ower-plant-job/

YTL Power board to meet today, discuss Track 4A power deal



http://www.themalaysianinsider.com/malaysi...k-4a-power-deal

Amanaraya Trustees Bhd-Skim Amanah Saham Bumiputra ceases to be YTL Power’s substantial shareholder

The cessation was effective on June 27 after Amanah Trustees sold 15 million shares in YTL Power.