YTL embarks on new phase. Its aim is to consolidate its entire business structure to offer better value to shareholders slowly & steady

http://biz.thestar.com.my/news/story.asp?f...23&sec=business

no problem...

sharing is caring

Most people don't like slow & steady company (long term growth & dividend yielding company). As in the report (the star), Francis Yeoh told he want to expand slowly & at the right price. He also acknowledge the investing people mindset.

Second interim single tier dividend of 15% or 1.5 sen per ordinary share of 10 sen each in respect of the financial year ending 30 June 2013

EX-date 12/03/2013

Entitlement date 14/03/2013

Entitlement time 05:00:00 PM

Payment date 29/03/2013

EPF sells 574,200 YTL Corp shares

The Employees Provident Fund (EPF), which is the second largest shareholder of YTL Corporation, disposed of 574,200 shares on Sept 24.

A filing with Bursa Malaysia on Friday showed the pension fund’s shareholding was reduced to 812.50 million shares or 7.84% after the disposal.

YTL Corp share price has seen volatile trade year-to-date, from a high of RM1.90, it fell to a low of RM1.56 on Feb 18. It then climbed to RM1.80 in mid-May and slumped to RM1.51 on Sept 5. On Sept 24, it share price closed at RM1.54.

YTL Corp’s earnings rose 12.9% to RM1.334bil in the financial year ended June 30, 2013 from RM1.181bil a year ago.

YTL eyes water and power projects in Johor?

Conglomerate YTL Group is actively pursuing infrastructure assets in Johor which may include water treatment and power plants, sources said.

It is understood that among the assets YTL is eyeing is Ranhill Energy and Resources Bhd’s water treatment plants in the state.

Sources said YTL had already started initial discussions to secure large infrastructure projects in Johor.

Ranhill has an exclusive licence to supply source-to-tap water to end-customers in Johor. According to reports, the current licence is valid till 2014 and renewable every three years.

Johor is the country’s second most populous state with about 3.4 million people as at 2012. It is estimated that water consumption in the state would grow by a compounded annual growth rate of close to 7% in the next seven years, underpinned by heavy investment in the property and oil and gas sectors.

YTL Corp Q1 profit up 11.4% to RM594.9m

YTL Corporation Bhd’s profit rose 11.4% to RM594.9mil in the first quarter ended Sept 30, 2013 from RM534.10mil a year ago.

It said on Thursday revenue rose at a slower pace of 2.7% to RM5.21bil from RM5.07bil.

YTL group managing director Tan Sri Francis Yeoh Sock Ping said revenue growth was mainly from the group’s cement, property development and investment and hotels segments.

As for its cement business, competitive pricing resulted in a marginal decrease in the division’s profit despite a 9% revenue increase.

Its hotels segment’s revenue rose due to its three new Marriott hotels in Australia, although unrealised foreign exchange losses contributed to a slightly higher overall loss before tax for the division.

Interim single tier dividend of 15% or 1.5 sen per ordinary share of 10 sen each in respect of the financial year ending 30 June 2014

EX-date 27/12/2013
Entitlement date 31/12/2013
Payment date 17/01/2014

Last Done rm1.620 (+0.010)

This post has been edited by davinz18: Nov 21 2013, 11:08 PM

YTL acquires Thermae Development for RM65 million

YTL Corporation Bhd announced today that its wholly-owned subsidiary, YTL Hotels & Properties Sdn Bhd (YTLHP), has acquired Thermae Development Company Ltd, the operator of Thermae Bath Spa complex.

According to its statement to the exchange, YTLHP had acquired the entire issued and paid-up share capital of Thermae Development, comprising 260,000 ordinary shares of £1 each, for a total of RM65.2 million (£12,000,000).