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<< February 2019 >>
 
Results: 1 - 5 of 7
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27 February 2019
5:35:45 PM

YTL Corp's Half-Year Revenue Grows 11% to RM8.6 Billion (US$2.1 Billion) - YTL Group

YTL Corp Executive Chairman Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group’s revenue of RM8.6 billion and profit of RM422 million for the first half of the 2019 financial year remained satisfactory in view of ongoing pressures in some of our key markets. In our utilities segment, higher fuel oil prices resulted in an increase in revenue, although profit before tax was impacted by lower vesting contract levels and lower retail and tank leasing margins, coupled with an allowance for an impairment of receivables following a court decision on outstanding litigation recorded in the merchant multi-utilities business division.

“The Group’s construction segment achieved higher revenue and profit before tax mainly due to the increase in construction works, anchored by the Group’s Gemas-Johor Baru rail project. Our cement division, meanwhile, saw a decrease in revenue and profit before tax due to the lower sales volumes.

“The hotels segment registered higher revenue and profit before tax resulting from the consolidation of The Hague Marriott in The Netherlands and better performance of Star Hill Hotel Sdn Bhd, whilst the property investment and development segment saw lower revenue and profit due to the absence of the one-off gain recorded for the same period last year from the land disposal to Pentadbir Tanah Kuala Lumpur for the Mass Rapid Transit project.”... ›› more

   

18 February 2019
6:17:44 PM

YTL Communications Launches the First Large-Scale Terragraph Market Pilot in Asia - YTL Communications

YTL Communications Sdn. Bhd. announced today the launch of Terragraph market pilot in Georgetown, Penang to deliver a reliable, affordable and high-speed broadband connection to the heritage city. The deployment, supported by Facebook, would be the first large-scale market pilot in Asia and is aligned with the government's efforts to invest in and further improve on the country's digital infrastructure to ensure greater availability of broadband services.... ›› more

   

18 February 2019
6:00:22 PM

YTL launches Asia’s first Terragraph trial in Penang - Malay Mail

YTL Communications launched a large-scale Terragraph market pilot in the heritage city of George Town here today. This is the first time that the newly introduced technology, supported by Facebook, is being introduced in Asia.

"Out of eight million households, only 18 per cent have access to high speed fibre broadband,” said Communications and Multimedia Minister Gobind Singh Deo. While mobile broadband space has very high penetration rate, Gobind said there is an urgent need for more high-speed fixed broadband infrastructure.

"This Terragraph pilot project is a timely one as it is in line with the National Fiberisation and Connectivity Plan," he said. Malaysia is the second country in the world after Hungary to be running Terragraph trials.... ›› more

   

18 February 2019
5:42:46 PM

YTL launches Asia’s first Terragraph trial in Penang. Free gigabit wireless access for 6 months. - Soya Cincau

YTL Communications has kicked off its trial launch of Terragraph in Penang. This is a new wireless technology developed by Facebook which aims to provide gigabit speeds in urban areas without the complexities of laying fibre. Malaysia is the second country in the world to kickoff large scale Terragraph trials after Hungary.... ›› more

   

15 February 2019
3:35:49 PM

Francis Yeoh promoted to chairman of YTL Hospitality REIT - Edge Prop

Tan Sri Dr Francis Yeoh Sock Ping (pictured) has been promoted to executive chairman of YTL Hospitality Real Estate Investment Trust (REIT), from being chief executive officer (CEO) previously.... ›› more

   
 

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