Top Qs
Timeline
Chat
Perspective
YTL Corporation
Malaysian infrastructure conglomerate From Wikipedia, the free encyclopedia
Remove ads
YTL Corporation Berhad is a Malaysian multinational corporation involved predominantly in the construction of infrastructure which was founded by Yeoh Tiong Lay in 1955. It developed into a large conglomerate with presence on the Bursa Malaysia (Kuala Lumpur stock exchange), the FTSE Bursa Malaysia KLCI, a principal benchmark index of thirty companies, the MSCI Malaysia Index and on the Prime Market Foreign Stocks Segment of the Tokyo Stock Exchange, where, in 1996, it became the first non-Japanese Asian company to be listed.[1]
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Remove ads
Subsidiaries
In June 2024, YTL's total financial capital was approximately RM100 billion. YTL Corp also has interest in Starhill Global REIT, a Singapore-listed entity that owns prime retail assets in Singapore, Malaysia, Japan, China, and Australia.[1]
YTL operates through its subsidiaries in various sectors but predominantly in major infrastructure for power generation and water and sewerage services. Other activities include cement manufacturing, property development, hotel and resort management, telecommunications, digital banking, data centers and cloud computing, artificial intelligence and education. Utilities constitute the largest portion of the company's revenue at 71%, followed by cement manufacturing at 16%, construction and hotel operations each at 4%, with the remaining revenue distributed among other sectors.[2]
Remove ads
Operations
Summarize
Perspective
Malaysia
YTL's core operations are concentrated in Malaysia. YTL Power International is a major player in the country's power generation and water sectors, operating 1,212MW combined cycle power plant at Paka, Terengganu, and Pasir Gudang, Johor. YTL Communications provide telecommunication services under the YES brand. YTL Construction has undertaken large-scale infrastructure projects across the country, including power plants, airports, hospitals, railway lines, and commercial and residential buildings. YTL Land is responsible for property development, with a significant land bank and townships like Sentul in Kuala Lumpur. YTL Hospitality REIT manages and develops a portfolio of renowned hospitality properties like Pangkor Laut Resort and The Ritz-Carlton, Kuala Lumpur. Express Rail Link operates the KLIA Ekspres and KLIA Transit high-speed rail services connecting Kuala Lumpur International Airport (KLIA) with Kuala Lumpur Sentral.[3]
YTL Data Center Holdings, a subsidary of YTL Power operates data centers in Sentul, Kuala Lumpur and Kulai, Johor. The Green Data Center Park in Kulai is host to Nvidia's cloud computing supercomputers focusing on artificial intelligence application.[4]
In May 2024, YTL Power emerges as substantial shareholder of Ranhill Utilities, a utility company operating water treatment plant in Johor and power generation plant in Sabah.[5]
Singapore
YTL Power owns and operates YTL PowerSeraya in Singapore, a company with a total licensed generation capacity of 3,100 megawatts and involved in multi-utility operations.[6] Additionally, YTL Corp has a significant stake in Starhill Global REIT, a Singapore-based Real Estate Investment Trust (REIT) that invests in prime retail and office properties across Singapore, Malaysia, Japan, and China.
In July 2024, YTL announced its intention to expand into the industrialized building systems sector through YTL Cement Bhd, which plans to acquire a significant stake in NSL Ltd, a company based in Singapore.[7]
United Kingdom
YTL's presence in the United Kingdom is through Wessex Water, a water and sewerage provider serving 2.9 million customers.[8] YTL Developments UK Limited is another venture undertaking the development of Brabazon, a mixed-use property project on the historic Filton Airfield site in Bristol.[9]
Other Countries
YTL Power has investments in power generation companies PT Jawa Power and PT Jawa Timur in Indonesia, and Attarat Power in Jordan.[10]
Remove ads
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads