Check out YTLPI's USD 2.1 billion investment in Jordan. I found this on YouTube. Looks like an advance stage, almost completion:

https://www.youtube.com/watch?v=vKGei_19yw0

Translated from Arabic regarding YTL's project in Jordan:

As part of the state’s efforts to rely on local energy sources, a project to generate electricity by direct burning of oil shale is currently being implemented. It is expected that generation from the plant will start with a capacity of 470 MW of electricity in 2020, which is the first project of its kind in Jordan and the region, where the completion rate in the project reached 89 Percent until the end of 2019.

https://www.khaberni.com/news/%D8%B2%D9%88%D8%A7%D8%AA%D9%8A-%D8%A7%D9...

Translated from Arabic regarding YTL's project in Jordan:

As part of the state’s efforts to rely on local energy sources, a project to generate electricity by direct burning of oil shale is currently being implemented. It is expected that generation from the plant will start with a capacity of 470 MW of electricity in 2020, which is the first project of its kind in Jordan and the region, where the completion rate in the project reached 89 Percent until the end of 2019.

https://www.khaberni.com/news/%D8%B2%D9%88%D8%A7%D8%AA%D9%8A-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%B9%D8%B5%D8%A8-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-349253

https://www.theedgemarkets.com/article/ytl-corp-may-rebound-higher-says-rhb-retail-research

YTL Corp may rebound higher, says RHB Retail Research

1 in 3 eligible consumers switches to electricity retailer

Mr Low Boon Tong, executive vice-president of retail at electrical retailer Geneco, said the company had received more than 20,000 sign-ups to date.

"The sign-up rate of Zone 1 is definitely faster than the pilot launch in Jurong, where more than 30 per cent of households and businesses switched from SP to one of the participating retailers. By itself, it's a promising figure compared to single digit take-up rates in other parts of the world," Mr Low said.

With greater competition in the electricity market, can consumers expect a further drop in prices?

Said Mr Low: "Having multiple providers benefits consumers. However, it's inevitable that price volatility will intensify, and the market will see more product variations as suppliers seek new ways to differentiate themselves.

"While price may seem the most important factor for now, consumers must understand that lower prices today are not a given in the long term - whether you stay on the current scheme or change to a new retailer."


https://www.straitstimes.com/singapore/1-in-3-eligible-consumers-switches-to-electricity-retailer

Singtel unveils its first electricity brand via Geneco partnership in a new campaign


https://www.thedrum.com/news/2019/01/16/singtel-unveils-its-first-electricity-brand-via-geneco-partnership-new-campaign

First look at YTL’s plans for state-of-the-art homes on Filton Airfield

A landmark development that will see a former Bristol airfield converted into a state-of-the-art housing estate has taken a major step forward.

Malaysian firm YTL Developments have submitted a planning application to start building the first cluster of their 2,675 homes on Filton Airfield.


The homes - ranging in size from one bedroom flats to four bedroom houses - will be the first phase in the development of a completely new neighbourhood in the north of the city, to be known as Brabazon.

https://www.bristolpost.co.uk/news/bristol-news/first-look-ytls-plans-state-2351158

https://www.thesundaily.my/business/govt-s-renewable-energy-plan-seen-negative-for-ipps-FK378263


It also kept its “buy” call on YTL Power International Bhd with unchanged target price of RM1.25, based on 15% discount to sum of parts of RM1.47.


Can believe this research call by Hong Leong?

This was reported in Feb 2018 - Prime Minister of Jordan visited the project site. I think the news made an error, the total project investment is USD 2.1 billion and not JOD 2.2 million

http://www.jordantimes.com/news/local/mulki-checks-oil-shale-energy-project-western-jordan

Some updates on the Jordan Project (Attarat Power Company) on Youtube from New China TV. The progress looks good

https://www.youtube.com/watch?v=9voumDviz_Q

If I am not mistaken the total debt although consolidated in the Audited Accounts are non-recourse ring-fence project finance. Which means in laymen terms, if anything goes wrong with the investment (which is mostly in overseas), there is no recourse to the parent company, parent company doesn't act as a guarantor for the project, hence downside is limited. Companies like TNB, Ekovest and Malakoff usually do Balance sheet financing which means there is a recourse to parent company. Hence, the analysts from the Equity Research have to do a better job in writing the reports as their analysis are usually misinterpreted. My two cents worth.

YTL PowerSeraya (YTLPS) has launched an integrated brand for its business and consumer energy portfolio known as Geneco, ahead of the nationwide rollout of the open electricity market on Nov 1.

"The move to consolidate both our business and consumer portfolios under the Geneco brand signals our intent to be the preferred integrated energy provider for businesses and homes across Singapore," said YTLPS chief executive Chan Swee Huat. "We will do this by having a clear focus on innovation, cost-effectiveness and sustainability, and providing practical energy solutions."

YTLPS is the second-largest power generation company in Singapore, with a licensed capacity of 3,100 megawatts. It has been generating power for Singapore for 47 years and has been in business-to-business energy retail for close to 17 years.


Geneco also sees the local electric vehicle (EV) sector as a segment for potential growth, and the newly rebranded entity will work with commercial fleets as well as building owners to roll out an electric vehicle charging network consisting of 1,000 charging points by 2025.

Mr Yeoh Keong Hann, executive director of YTL Power International, said: "By offering bundled electricity and EV charging solutions to customers, this network will serve the needs of a new generation of electric vehicles and cement Geneco's position as owner and operator of the largest electric vehicle charging network by an energy retailer in Singapore."



https://www.straitstimes.com/business/ytl-powerseraya-rolls-out-integrated-brand

In order to restore electricity supply, EMA instructed other standby power-generating units to provide additional electricity supply.

These included unaffected units from Senoko and YTL PowerSeraya.

"The restoration of electricity supply was done in a controlled manner to ensure the electricity system remained stable. As electricity generation increased, supply to consumers was progressively restored over 38 minutes," it added.

https://www.straitstimes.com/singapore/tuesday-blackout-caused-by-sembcorp-senoko-power-generating-units-tripping-ema

Tripping of 2 power-generating units caused Tuesday's blackout across Singapore: EMA
The blackout across multiple estates in Singapore early on Tuesday (Sep 18) was caused by the tripping of two power-generating units, one at Sembcorp Cogen and the other owned by Senoko Energy, said the Energy Market Authority (EMA) on Wednesday.

https://www.channelnewsasia.com/news/singapore/singapore-blackout-power-generating-units-tripped-ema-10736292

Singapore blackout: More than 146,000 customers affected islandwide; EMA investigating
The blackout affected residents of Boon Lay, Clementi, Jurong, Aljunied, Geylang, Mountbatten, Kembangan, Bedok, East Coast, Ang Mo Kio, Bishan, Thomson, Admiralty, Sembawang and Woodlands, among other estates.


Read more at https://www.channelnewsasia.com/news/singapore/singapore-blackout-affected-146000-customers-ema-investigating-10730462

Blackouts hit multiple estates across Singapore; power restored to all areas, says SP Group
The power outages hit estates as far apart as Jurong, Woodlands, Ang Mo Kio and Bedok.

SINGAPORE: Multiple parts of Singapore were hit by blackouts early on Tuesday (Sep 18), with several areas across the island losing power for at least half an hour.

The power outages, which started at 1.18am, affected areas ranging from Jurong and Woodlands to Ang Mo Kio and Bedok, according to residents that took to social media to report the blackouts.


Read more at https://www.channelnewsasia.com/news/singapore/blackouts-hit-multiple-estates-across-singapore-power-restored-10730174

With YTL bidding for Hyflux asset, it could be a further upside in Singapore?

Note that the dividend declared is only at "interim" and not as "final". Some good news must be brewing? SBB continues... Potential Dividend Stock to come?

Note that the dividend declared is only at "interim" and not as "final". Some good news must be brewing? SBB continues... Potential Dividend Stock to come?

Date: 29 August 2018


The Board of Directors of YTL Power International Berhad (the “Company”) wishes to announce that the Company intends to seek shareholders’ approval for the proposed renewal of share buy-back authority and proposed renewal of shareholder mandate for existing RRPT and proposed new shareholder mandate for additional RRPT (if any) (collectively, the “Proposals”) at the forthcoming Twenty-Second Annual General Meeting of the Company.

A statement/circular containing details of the Proposals will be dispatched to the shareholders of the Company in due course.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5900109

Date: 29 August 2018

The Board of Directors of YTL Corporation Berhad (the “Company”) wishes to announce that the Company intends to seek shareholders’ approval for the proposed renewal of share buy-back authority and proposed renewal of shareholder mandate for RRPT and proposed new shareholder mandate for additional RRPT (if any)(collectively, the “Proposals”) at the forthcoming Thirty-Fifth Annual General Meeting of the Company.

A statement/circular containing details of the Proposals will be dispatched to the shareholders of the Company in due course.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5900149

Designation of Executive Chairman and Managing Director for YTL Corp, YTL Power, YTL Land & YTL Cement

The YTL Group today announced a re-designation of roles on the Board of Directors of three of its companies listed on the Main Market of Bursa Malaysia Securities Berhad and its unlisted subsidiary, YTL Cement Berhad.

The changes are mainly driven by the need for a reorganisation and streamlining of roles and responsibilities following the passing away of the late Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay, the founder of the YTL Group, in October last year, who had served as the Executive Chairman of both YTL Corporation Berhad, YTL Power International Berhad and YTL Cement Berhad.

YTL Corporation Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously. Dato' Yeoh Seok Kian has been re-designated as the Managing Director, from Deputy Managing Director previously.

YTL Power International Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously. Dato' Yeoh Seok Hong has been re-designated as the Managing Director, from Executive Director previously.

YTL Land & Development Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously, whilst Dato' Yeoh Seok Kian has been re-designated as the Managing Director, from Executive Director previously. Dato' Suleiman bin Abdul Manan has stepped down from his current position as the Non-Executive Chairman and will remain on the Board of Directors as a Non-Executive Director.

In addition, YTL Cement Berhad, an unlisted subsidiary of YTL Corp that carries out the YTL Group's cement manufacturing activities, has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously, whilst Dato' Sri Michael Yeoh Sock Siong has been re-designated as the Managing Director, from Executive Director previously.

All the above-mentioned changes take effect from today, unless otherwise stated.



http://www.ytlcommunity.com/commnews/shownews.asp?newsid=65110&cat...

Designation of Executive Chairman and Managing Director for YTL Corp, YTL Power, YTL Land & YTL Cement

The YTL Group today announced a re-designation of roles on the Board of Directors of three of its companies listed on the Main Market of Bursa Malaysia Securities Berhad and its unlisted subsidiary, YTL Cement Berhad.

The changes are mainly driven by the need for a reorganisation and streamlining of roles and responsibilities following the passing away of the late Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay, the founder of the YTL Group, in October last year, who had served as the Executive Chairman of both YTL Corporation Berhad, YTL Power International Berhad and YTL Cement Berhad.

YTL Corporation Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously. Dato' Yeoh Seok Kian has been re-designated as the Managing Director, from Deputy Managing Director previously.

YTL Power International Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously. Dato' Yeoh Seok Hong has been re-designated as the Managing Director, from Executive Director previously.

YTL Land & Development Berhad has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously, whilst Dato' Yeoh Seok Kian has been re-designated as the Managing Director, from Executive Director previously. Dato' Suleiman bin Abdul Manan has stepped down from his current position as the Non-Executive Chairman and will remain on the Board of Directors as a Non-Executive Director.

In addition, YTL Cement Berhad, an unlisted subsidiary of YTL Corp that carries out the YTL Group's cement manufacturing activities, has re-designated Tan Sri Dato' (Dr) Francis Yeoh Sock Ping as its Executive Chairman, from Managing Director previously, whilst Dato' Sri Michael Yeoh Sock Siong has been re-designated as the Managing Director, from Executive Director previously.

All the above-mentioned changes take effect from today, unless otherwise stated.



http://www.ytlcommunity.com/commnews/shownews.asp?newsid=65110&category=top

MIDF reaffirms buy call on YTL Corp
Read more at https://www.thestar.com.my/business/business-news/2018/04/06/midf-reaffirms-buy-call-on-ytl-corp/#guWSt6kUApYhPMFc.99

6 new ERL trains increase passenger capacity by 50%

https://www.themalaysianinsight.com/s/42715/

https://themalaysianreserve.com/2018/03/14/erl-aims-to-partner-ride-sharing-companies-to-boost-ridership/

http://www.utusan.com.my/berita/nasional/erl-perkenal-enam-tren-baharu-1.626773


http://www.freemalaysiatoday.com/category/nation/2018/03/13/6-new-erl-trains-increase-passenger-capacity-by-50/

http://www.globaltimes.cn/content/1093250.shtml

http://www.themalaymailonline.com/malaysia/article/erl-expects-5pc-increase-in-ridership-with-new-trains#Wm8JgLQFIdLlQO1U.97

PETALING JAYA: Two more joint ventures (JVs) involving local companies have joined the fray to bid for the job of project delivery partner (PDP) to oversee the civil works portion of the Kuala Lumpur-Singapore high-speed rail (HSR) project.

Sources said the YTL group has teamed up with the SIPP group to bid for the job of PDP, while the other JV that has thrown in its hat is the one between Naza Group and China Communications Construc-tion Co Ltd (CCCC).

At the moment, there are two JV companies comprising established names in the construction industry that are already bidding for the PDP job of the HSR.

They are Gamuda Bhd-Malaysian Resources Corp
image: https://cdn.thestar.com.my/Themes/img/chart.png

Bhd (MRCB) and a four-party consortium comprising IJM Corp Bhd-Sunway Construction Group Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(SunCon)-Jalinan Rejang Sdn Bhd-Maltimur Resources Sdn Bhd.


Read more at https://www.thestar.com.my/business/business-news/2018/02/06/ytl-naza-join-fray-for-hsr-project/#SxRVzVjOJfG9wkvu.99

https://www.theedgemarkets.com/article/lead-story-vying-slice-hsr-pie