YTL just injected a 5-star hotel into YTL Hosp REIT for RM138 million, and will realise a disposal gain of over RM80 million and get cash proceeds of RM138 million.
This is part of its monetisation program, expect more to come. Next could be a hotel/resort in Niseko Japan. SO far only Hilton Niseko has been injected into the REIT, there are 4 other hotels/resorts there already achieved steady occupancy rates and income.
YTL launched its latest collection, Mandala Club Niseko last month, on track to add one or 2 new hotel/resort at Niseko every year.
Posted by i3lurker > 4 hours ago | Report Abuse its not a criminal offense for price to drop to 50 sen ---------------- Talk cxxk like you is also not a criminal offence. i3lucker has changed from an intelligent person in I3 to a stupiid person who is cursed by all readers here. Very sad to read his posting.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
smartly
6,428 posts
Posted by smartly > 2023-09-05 16:36 | Report Abuse
wait for next q result before taking any action