Posted by birkincollector > 2021-07-01 13:52 | Report Abuse

yet to announce if they applied it officially

Posted by cchcch > 2021-07-01 14:14 | Report Abuse

Still want to collect more cheap tickets...

Digital banking .. rebound to 0.70.

Posted by 888STOCK888 > 2021-07-01 16:24 | Report Abuse

YTLCORP will become another BJCORP

Posted by Anon1234 > 2021-07-02 07:45 | Report Abuse

YTL shares declining for years. Everybody hoping share price saved by HSR, then cement, then construction, then politics, then economy, now digital banking license, what next?

Posted by fortunefire > 2021-07-02 15:07 | Report Abuse

YTL is already history together with tun m

Posted by fortunefire > 2021-07-02 15:19 | Report Abuse

still got pay dividend this year?

Posted by Jeffreyteck > 2021-07-03 10:04 | Report Abuse

Injection of assets into YTL REIT... sound great lol. Should add.... for cash.

Posted by fortunefire > 2021-07-05 12:10 | Report Abuse

YTL no power to push up. Beware!

Posted by 888STOCK888 > 2021-07-05 12:44 | Report Abuse

Will follow BJCORP movement

Posted by abc333 > 2021-07-05 17:32 | Report Abuse

rebound

Posted by JacLow > 2021-07-06 01:34 | Report Abuse

Down.. Waiting 62

Posted by Good123 > 2021-07-06 11:18 | Report Abuse

Bagus, harga semasa

52 Weeks Range: 0.645 - 0.825

Posted by Good123 > 2021-07-06 11:20 | Report Abuse

Kwsp turut sapu syer ytl baru ini


Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
YTL CORPORATION BERHAD

Particulars of substantial Securities Holder

Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 11 Jun 2021
650,000
Acquired Direct Interest
Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquired (SBL)
Nature of interest Direct Interest
Direct (units) 686,592,391
Direct (%) 6.262
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 686,592,391
Date of notice 14 Jun 2021
Date notice received by Listed Issuer 16 Jun 2021

Posted by Good123 > 2021-07-06 11:23 | Report Abuse

berita baik dah hampir kot? kwsp dah mula mengumpul lebih banyak, anda?

EMPLOYEES PROVIDENT FUND BOARD 11-Jun-2021 Acquired 650,000

Posted by Good123 > 2021-07-06 11:24 | Report Abuse

trend macam dah mau start share buyback... sungguh memberangsangkan,... sediakan payung sebelum hujan.. durian runtuh dah mau datang nampaknya :) angka/nombor tak tahu menipu macam lebai pas :)



01-Jun-2021 01-Jun-2021 Buyback 1,000 0.675 0.675 View Detail
18-Jan-2021 18-Jan-2021 Buyback 2,000,000 0.715 0.720 View Detail
15-Jan-2021 15-Jan-2021 Buyback 6,000,000 0.715 0.720 View Detail
14-Jan-2021 14-Jan-2021 Buyback 4,000,000 0.710 0.715 View Detail
12-Jan-2021 12-Jan-2021 Buyback 500,000 0.690 0.690 View Detail
11-Jan-2021 18-Jan-2021 Buyback 16,500,000 0.680 0.720 View Detail
11-Jan-2021 11-Jan-2021 Buyback 4,000,000 0.680 0.690 View Detail
05-Jan-2021 05-Jan-2021 Buyback 550,000 0.700 0.700 View Detail
05-Jan-2021 05-Jan-2021 Buyback 550,000 0.700 0.700 View Detail
31-Dec-2020 31-Dec-2020 Buyback 2,000,000 0.765 0.775 View Detail
30-Dec-2020 31-Dec-2020 Buyback 4,000,000 0.765 0.775 View Detail
30-Dec-2020 30-Dec-2020 Buyback 2,000,000 0.765 0.775 View Detail
23-Dec-2020 23-Dec-2020 Buyback 2,000,000 0.775 0.775 View Detail
22-Dec-2020 22-Dec-2020 Buyback 3,000,000 0.765 0.765 View Detail
21-Dec-2020 23-Dec-2020 Buyback 8,000,000 0.765 0.795 View Detail
21-Dec-2020 21-Dec-2020 Buyback 3,000,000 0.790 0.795 View Detail
18-Dec-2020 18-Dec-2020 Buyback 6,000,000 0.790 0.800 View Detail
18-Dec-2020 18-Dec-2020 Buyback 6,000,000 0.790 0.800 View Detail
11-Dec-2020 11-Dec-2020 Buyback 3,000,000 0.750 0.750 View Detail
10-Dec-2020 10-Dec-2020 Buyback 200,000 0.695 0.695 View Detail
09-Dec-2020 11-Dec-2020 Buyback 5,698,100 0.685 0.750 View Detail
09-Dec-2020 09-Dec-2020 Buyback 2,498,100 0.685 0.685 View Detail
27-Nov-2020 27-Nov-2020 Buyback 1,000 0.650 0.650 View Detail

Posted by Good123 > 2021-07-06 11:28 | Report Abuse

setiap tahun ada dividen tunai ataupun dividen syer, tak hairanlah kwsp merupakan salah satu pemegang syer utama. pintar/bijak !!!


28-Aug-2020 27-Oct-2020 DIVIDEND Share Dividend 1.0000 : 30.0000 Dividend Detail
29-Aug-2019 25-Oct-2019 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
29-Aug-2018 25-Oct-2018 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
29-Aug-2017 24-Oct-2017 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
29-Aug-2017 24-Oct-2017 DIVIDEND_SHARE Others 1 : 50 Dividend Detail
25-Aug-2016 27-Oct-2016 DIVIDEND Interim Dividend RM 0.095 Dividend Detail
20-Aug-2015 05-Oct-2015 DIVIDEND Interim Dividend RM 0.0950 Dividend Detail
28-Aug-2014 29-Oct-2014 DIVIDEND Interim Dividend RM 0.095 Dividend Detail
20-May-2014 02-Jun-2014 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
22-Nov-2013 27-Dec-2013 DIVIDEND Interim Dividend RM 0.015 Dividend Detail
21-Feb-2013 12-Mar-2013 DIVIDEND Second interim dividend RM 0.015

Posted by Good123 > 2021-07-06 11:32 | Report Abuse

nampaknya, harga semasa sungguh berbaloi untuk melabur. saya rasa ytl corp akan melakukan syer buyback lagi untuk menaikkan harga syernya dan bagi syer dividen macam tahun lepas. Sabar, ya!!!!


Historical Data
Time Frame:

Monthly
07/17/2019 - 07/06/2021

Date Price Open High Low Vol. Change %
Jul 21 0.650 0.655 0.660 0.645 5.74M -0.76%
Jun 21 0.655 0.670 0.690 0.650 135.63M -2.24%
May 21 0.670 0.710 0.715 0.665 171.24M -6.29%
Apr 21 0.715 0.675 0.750 0.670 283.48M 5.93%
Mar 21 0.675 0.660 0.715 0.660 204.27M 2.27%
Feb 21 0.660 0.650 0.685 0.645 209.16M 2.33%
Jan 21 0.645 0.740 0.740 0.645 322.37M -15.69%
Dec 20 0.765 0.660 0.825 0.650 923.44M 18.60%
Nov 20 0.645 0.720 0.800 0.645 558.91M -11.03%
Oct 20 0.725 0.653 0.798 0.634 131.71M 10.99%
Sep 20 0.653 0.663 0.687 0.629 79.08M 0.75%
Aug 20 0.648 0.750 0.750 0.648 81.52M -14.10%
Jul 20 0.755 0.813 0.818 0.706 105.65M -6.02%
Jun 20 0.803 0.968 0.968 0.774 75.30M -20.19%
May 20 1.006 0.740 1.016 0.697 172.44M 35.95%
Apr 20 0.740 0.706 0.774 0.706 52.80M 5.52%
Mar 20 0.702 0.818 0.861 0.581 99.00M -14.20%
Feb 20 0.818 0.856 0.953 0.818 83.41M -5.59%
Jan 20 0.866 0.948 1.006 0.856 120.93M -8.67%
Dec 19 0.948 0.813 0.958 0.794 142.50M 17.37%
Nov 19 0.808 0.842 0.885 0.808 59.03M -4.02%
Oct 19 0.842 0.890 0.934 0.842 71.30M -5.43%
Sep 19 0.890 0.968 0.977 0.885 64.36M -8.00%
Aug 19 0.968 0.987 1.026 0.939 52.17M -2.91%
Highest: 1.026 Lowest: 0.581 Difference: 0.445 Average: 0.761 Change %: -34.790

Posted by Good123 > 2021-07-06 11:34 | Report Abuse

Nilai aset bersih sesaham turut naik pulak. Sungguh indah!

As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 1.1900 1.1700

Posted by Good123 > 2021-07-06 12:11 | Report Abuse

NTA 1.1900
P/B 0.55
RPS 149.83
Market Cap 7,164.8M
Shares (mil) 11,022.76

Posted by Good123 > 2021-07-06 12:13 | Report Abuse

Masih untung walaupun pandemik kovid19, teguh dan mantap

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced QoQ% YoY% Report

0.21 0.000 1.1900 4.22b 22.43m 3 2021-03-31 30 Jun, 2021 2021-05-28 39.4% 24% View

0.15 0.000 1.1500 4.59b 16.09m 2 2020-12-31 30 Jun, 2021 2021-02-25 1144.7% 8.2% View

0.01 0.000 1.1700 4.18b 1.29m 1 2020-09-30 30 Jun, 2021 2020-11-26 100.5% 91.6% View

Posted by abc333 > 2021-07-06 12:22 | Report Abuse

0.645 is good bye kiss, this month target 0.76

Posted by Good123 > 2021-07-06 12:29 | Report Abuse

Sungguh menarik hari terkini

RELATIVE VALUATION
POSITIVE OUTLOOK: Multiples significantly below the market or the stock's historic norms.

Posted by Good123 > 2021-07-06 12:30 | Report Abuse

RISK
POSITIVE OUTLOOK: Consistent return patterns (low volatility).

Posted by Jjkcl > 2021-07-06 12:44 | Report Abuse

0.80 soon

Posted by Bgt 9963 > 2021-07-06 13:19 |

Post removed.Why?

Posted by stevenckheng > 2021-07-06 13:21 | Report Abuse

time to buy ?

Posted by fortunefire > 2021-07-06 13:50 | Report Abuse

time to run?

Posted by Good123 > 2021-07-06 15:12 | Report Abuse

Bagus untuk ytl. Sama2 labur seperti kwsp :)

KUALA LUMPUR: YTL Cement Bhd, a subsidiary of YTL Corp Bhd, has entered into an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd, for RM5.16 billion.

YTL Cement said under the agreement, Malayan Cement will acquire 12 companies under YTL Cement.

Posted by Good123 > 2021-07-06 15:23 | Report Abuse

Terbaik

https://m.marketscreener.com/quote/stock/YTL-CORPORATION-6491348/consensus/

Posted by Good123 > 2021-07-06 15:26 | Report Abuse

Bila ytl dah dapat lesen digital bank , terbang gila kot? :)

Sources said that most of the applicants for Malaysia's online-only banks were likely to be local, with only a handful of foreign names such as Southeast Asian internet platform Sea, Grab, and Tencent-backed Linklogis.

Sea, which won a full digital banking licence in Singapore, is partnering with Malaysian conglomerate YTL Corp Bhd, they added.

A joint venture of Grab and Singtel, which also won a full digital banking licence in Singapore, has applied with a consortium of other investors, Singtel said on Thursday.

AirAsia has tied up with a consortium for the application through its fintech unit BigPay, sources said. Axiata has teamed up with RHB Bank.

Sea and BigPay declined to comment while there was no response to a query sent to YTL. The sources declined to be identified as they were not authorised to speak to the media.

Posted by Good123 > 2021-07-06 15:28 | Report Abuse

Kwsp tambah/beli syer ytl corp bulan lepas. Kwsp tahu sesuatu yang orang biasa tak tahu kot? :)

Posted by Good123 > 2021-07-06 15:29 | Report Abuse

Kwsp beli syer ytl lagi


4677 YTL YTL CORPORATION BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 02/07/2021
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 01/07/2021 Acquired 11,700 -
Circumstances by reason of which change has occurred:
Acquired (SBL)
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 686,604,091 shares (6.2620%)
Total : 686,604,091 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

06/07/2021 01:08 PM

Posted by Good123 > 2021-07-06 15:45 | Report Abuse

Tunggu share buyback Oleh ytl dan kwsp terus beli lagi + lesen bank digital + latihan korporat segmen simen.

Harga Diramal Akan pulih :)

Posted by Good123 > 2021-07-06 16:05 | Report Abuse

Penggunaan simen dan hotelnya juga Akan pulih jika kadar vaksinasi Kian naik :)


Malaysia's vaccination continues to pick up pace this ...
25 Jun 2021 — ... Malaysia's Covid-19 vaccination programme continues to speed up this week, ... found in Malaysia so far, representing a recovery rate of 91 %.
https://www.theedgemarkets.com › ...
Malaysia's vaccination plan speeds up with 1.23 mil jabs ...
18 Jun 2021 — Malaysia's vaccination rate hit a new high this week, with more than 200000

Posted by Good123 > 2021-07-06 17:13 | Report Abuse

Bagus, bila ytl dapat lesen bank digital , terbang lagi tinggi :)

https://themalaysianreserve.com › ...
Sea, Petronas Among Firms Eyeing Malaysia Digital Bank ...
17 Jun 2021 — Some of the firms such as Sea and YTL have joined forces and plan to bid as a consortium, ..

Posted by Good123 > 2021-07-06 17:15 | Report Abuse

Bukan satu kebetulan ? :)

Technically speaking, the share price – which is currently treading close to a steady support line of RM0.65 that stretches back to September last year – is poised to bounce up after crossing back above the lower Bollinger Band while the stochastics indicator is turning positive on the back of an anticipated crossover by the %K line above the %D line in the oversold zone.

• An ensuing breakout could lift the stock towards our resistance thresholds of RM0.77 (R1; 13% upside potential) and RM0.83 (R2; 22% upside potential).

• Our stop loss price is pegged at RM0.61 (or 10% downside risk).

Posted by Jjkcl > 2021-07-06 17:41 | Report Abuse

Uptrend very soon

Posted by abc333 > 2021-07-06 19:05 | Report Abuse

MACD divergence ,0.645 good bye kiss ,uptrend soon. cheap and uptrend stock ,worth to buy more

Posted by Good123 > 2021-07-06 20:32 | Report Abuse

Sektor pembinaan dan hotel boleh jadi lebih aktif dengan kadar vaksinasi yang makin rancak:)

KUALA LUMPUR (July 6): Malaysia will be receiving 14.4 million doses of Covid-19 vaccines in July, according to the latest tweet by the Covid-19 Vaccine Supply Access Guarantee Special Committee (JKJAV).

These, it said, comprise a total of 6.43 million doses of Pfizer vaccine from Pfizer as well as the donation from the US, 1.59 million doses of AstraZeneca (delivery of AstraZeneca manufactured in Thailand and donation from Japan) and 6.38 million doses of Sinovac (from Pharmaniaga and donation from China).

Under the National Covid-19 Immunisation Programme (PICK), the country has thus far deployed shots manufactured by Pfizer, Sinovac and AstraZeneca.

Malaysia has received 8.6 million Covid-19 vaccines as of June 21, according to data provided by the Covid-19 Immunisation Task Force (CITF). These include 828,000 doses of AstraZeneca vaccine, 4.08 million of Pfizer vaccine and 3.69 million doses of Sinovac vaccine.

To date, a total of 9.32 million people in the country have been vaccinated, of whom 6.59 million have received their first jab while 2.74 million are fully inoculated.

Follow our Covid-19 vaccination tracker to see where we are in the race to herd immunity.

Sarawak reported the highest cumulative number of first doses delivered at 1.23 million, followed by Kuala Lumpur (1.19 million) and Selangor (1.14 million).

Meanwhile, Selangor registered the highest number of second doses at 367,895, followed by Sarawak (326,285) and Johor (290,008).

Last Saturday (June 3), the Coordinating Minister of PICK Khairy Jamaluddin said the next three months will be the busiest and most crucial period for Malaysia's immunisation programme as the country is set to receive a large part of its vaccine supply while it ramps up its vaccination capacity across the country.

Malaysia was vaccinating people at a higher daily rate per capita than the world average, said Khairy, by consistently vaccinating 250,000 a day. The target is a monthly average of 300,000 a day in July.

Besides that, he said, the government is also trying to secure the CanSino vaccine this month.

Posted by Good123 > 2021-07-06 20:47 | Report Abuse

Boleh rangsangkan pelancongan domestik, baik bagi ytl terutamanya hotel mereka :)

KUALA LUMPUR (July 6): Malaysia Aviation Group (MAG) expects its employees to be fully vaccinated by the middle of August following its participation in the Industry Vaccination Centre (PPVIN) Programme, at Kuala Lumpur International Airport (KLIA) beginning today.

In a statement, MAG said a total of 5,150 vaccines are allocated for MAG’s Kuala Lumpur-based employees, including Malaysia Airlines, Firefly, Amal, MASkargo and AeroDarat.

It noted that employees comprising technical and cabin crew, as well as customer-facing staff, will be receiving their first dose of the Sinovac Covid-19 vaccination between July 6 and July 23, and second dose by mid-August 2021. A similar programme is being planned for its employees based at Penang International Airport, MAG added.

MAG chief executive officer Captain Izham Ismail said that it is pleased to participate in the PPVIN programme at KLIA.

Follow our Covid-19 vaccination tracker to see where we are in the race to herd immunity.

“MAG has introduced the enforcement of the MAG Vaccination Policy as part of its ongoing commitment to ensuring a safe environment at the workplace, and this includes making Covid-19 vaccination compulsory for all MAG employees.

"We are thankful to the government for expediting the provision of vaccines for our employees including arranging a similar programme for our employees nationwide in Sabah, Sarawak and Labuan in collaboration with the District PPV Programmes. We have now seen almost 90% of the 1,200 MAG employees in these states vaccinated. At the same time, another 1,200 of our colleagues in Peninsular Malaysia have also obtained their first dose through District PPVs.

"Vaccination plays a vital role in the restart of domestic and international air travel and tourism. We remain steadfast in our commitment to adopting the highest safety and hygiene standards in air travel. We believe to operate a flight with a fully vaccinated crew is as important as we prepare to welcome our passengers to fly confidently with us,” he said.

MAG added that to further support the nation’s biggest Covid-19 immunisation drive, it continues to mobilise its employees from across the group to volunteer at several mega vaccination centres, namely Axiata Arena, Bukit Jalil and KL Convention Centre.

The PPVIN programme at KLIA is to facilitate and expedite vaccination for aviation personnel and other related industries.

Posted by Ron90 > 2021-07-06 20:47 | Report Abuse

3rd time reached 65, it will bounced back over 70 cents, i believe this time it will go stronger with many things in places .. TP 75.

Posted by Good123 > 2021-07-06 21:33 | Report Abuse

Dijangka share buyback Oleh ytl dengan Ganas macam tahun lepas, harga syer naik dan pemegang syer dapat dividen syer . Semua pihak menang. Sabar je, tunggu untuk memperoleh hasil bila2 masa

Posted by Good123 > 2021-07-07 08:15 | Report Abuse

Share buyback Oleh ytl , bila2 masa dari sekarang kan?

Bertenang;)

Posted by Good123 > 2021-07-07 09:21 | Report Abuse

Revenue
16.53B

Market Cap
7.18B

Posted by Good123 > 2021-07-07 09:22 | Report Abuse

Duit kwsp juga wang anda

Direct : 686,604,091 shares (6.2620%)
Total : 686,604,091 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

06/07/2021 07:00 AM


Ref Code: 202107063600046

Posted by Good123 > 2021-07-07 09:25 | Report Abuse

Baguslah


https://www.pwc.com › pressPDF
141101-focus-msia-share ... - PwC

a company does a share buyback and this enhances the company's earnings ... and YTL Power International Bhd. "This.

Posted by Good123 > 2021-07-07 09:27 | Report Abuse

Share buyback adalah lumrah bagi ytlcorp terutamanya kini harganya terlalu murah :)

https://www.theedgemarkets.com › s...
'Share buy-back possible as YTL Corp hovers near 8-year ...
6 Dec 2017 — KUALA LUMPUR: YTL Corp Bhd managing director (MD) Tan Sri Dr Francis Yeoh, who witnessed the ...
https://m.malaysiastock.biz › Compa...
YTL CORPORATION BERHAD - Notice of Shares Buy Back ...
Buy-Q, /, Buy, Sell, /, Sell-Q. 885, 0.675, 0.680, 6110. Premium Account Only. ( Live Quote, 2nd & 3rd Market Depth) ...
People also search for
YTL Corp share price
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https://www.klsescreener.com › view
Web results
YTL - Immediate Announcement on Shares ...
10 Dec 2020 — Date of buy back, 10 Dec 2020. Description of shares purchased, Ordinary Shares. Currency .

Posted by Good123 > 2021-07-07 10:09 | Report Abuse

AS YTL Hospitality Real Estate Investment Trust (YTL REIT) continues to wade through one of the hotel and tourism industry’s toughest crisis due to the Covid-19 pandemic, it is also looking forward to an eventual recovery.

Executive chairman Tan Sri Francis Yeoh tells StarBizWeek that most shareholders continue to be invested in the business and are commitment for the long haul.

Apart from that, Yeoh also says YTL is planning to inject more hotels it currently owns into YTL REIT.

On its business operations, Yeoh is conservative in his forecasts for a full recovery and is penciling in for this to happen only in two years.

“Notwithstanding the caveat of potentially more variants of the virus, I would think we would return to 80% normalcy without too much worry to travel in two more summers in 2023. I would think that by this time, Covid-19 would be treated like the normal flu, ” Yeoh says.

“I believe that by the second half of 2023, the world’s governments would be able to get their act together with vaccinations, passports and travel bubbles.

“We are planning with this kind of scenario in mind, ” he adds.

The week saw Tradewinds Corp Bhd’s five-star Hotel Istana Kuala Lumpur announce the cessation of operations from Sept 1.

“Because many hotels have decided to shutdown, there is a general lack of hotel rooms now.

“Thousands of hotel rooms have been taken off the market in the major cities. And this works in our favour.

“In the past, there were too many hotel rooms but now with fewer rooms, we see rates improving just like how commodity prices move, ” Yeoh says.

YTL REITYTL REIT

He anticipates a return to normalcy quite quickly as seen in the several months in the second half of 2020 when the government relaxed its movement control measures.“We think things will pick up very quickly the moment the lockdown stops with high pent-up demand. We know we can do so because of our branding which is world-class and we have won many industry awards, ” Yeoh says.

He notes that despite the ongoing pandemic, YTL REIT did not retrench any of its employees and this will allow it to resume to normalcy quickly when the lockdown ends and staffing demand rises.

“This is our gesture not to retrench workers while the executive directors have not taken any salary for almost a year.

“We don’t want to retrench then call them back later. The United States has difficulty to get people to come back to work in industries like the airlines or restaurants, ” Yeoh says.

Acquisitions in the pipeline

Yeoh sees opportunities amid the crisis and he is on the lookout for acquisitions within the hotel space.

“Should we be the first to take off, with the cashflow that we have, we would be in the position to see if there are any hotel businesses that we can potentially acquire.

“In the YTL Corp Bhd group, we have positive earnings before interest, taxes, depreciation and amortisation even during Covid-19. When the situation improves, this will grow, ”

Yeoh, who is also the executive chairman of YTL Corp, says.

YTL Corp is the single largest shareholder and has an effective 58.63% stake in YTL REIT while the Yeoh family, through various companies, effectively owns 64.50% of the REIT.The larger YTL group also has, in its stable, several other hotels that are not part of YTL REIT, and Yeoh says there are plans for some of these hotels to be injected into YTL REIT.

“We hope to do this as soon as possible in 2022, especially once we see more normalcy of travel.

“We want to build this into a huge regional hospitality REIT, ” he says.

“We would like to see as many hotels as possible going into YTL REIT.

We have about a thousand over rooms which are not in the REIT.

“These are in the United Kingdom, Thailand and Scotland, for example. We must build the base up, ” Yeoh adds.

He notes that the YTL Corp group is fundamentally strong with positive cashflow.

“Given that the group also owns a substantial stake in YTL REIT, we will support unitholders’ aspirations to have their dividends (or income distributions), ” Yeoh says.

“The hotel business is actually a very profitable business by per sq ft basis (within the real estate space).

“Especially if one can manage a high occupancy at a good rate. We understand the tricks of the trade, ” he adds.

Posted by Good123 > 2021-07-07 10:10 | Report Abuse

Baik!

He notes that the YTL Corp group is fundamentally strong with positive cashflow.

“Given that the group also owns a substantial stake in YTL REIT, we will support unitholders’ aspirations to have their dividends (or income distributions), ” Yeoh says.

Posted by Jeffreyteck > 2021-07-07 11:04 | Report Abuse

45b of loans, not too bad.