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Press Releases

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Kuala Lumpur, Friday 22 February 2008

YTL Corp Half-Year Profit Jumps 24% to RM688 Million (US$212 Million)

"I am pleased with the Group’s results for the first six months of the 2008 financial year. The utilities division posted solid profit growth of 8.5%, and the cement division has made significant strides in implementing our regional expansion strategy, completing the acquisition of Zhe...

 

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The Peak Magazine, Thursday 24 January 2008

Who to watch out for this 2008

YTL Corp recently inked a deal to develop a luxury resort with residential properties in Thailand with joint venture partner Lehman Brothers, a New York-based investment bank. Besides this, it has also made the headlines for the acquisition of Westwood Apartments, a luxury condominium located alo...

 

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The Star Online, Sunday 2 December 2007

YTL's foray into Singapore proves successful

“This appears reasonable given the property’s prime business location in the city. Assuming land costs were to account for 50% of sales value, we estimate that YTL would need to achieve a top-tier selling price of S$5,000 psf for the redeveloped condominiums. This is realistic based o...

 

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The Star Online, Wednesday 28 November 2007

YTL buying Singapore apartments en bloc

Group managing director Tan Sri Francis Yeoh Sock Ping said the property acquisition was YTL Corp's third in the city-state in two years. The company is currently involved in the high-end Lakefront and Sandy Island residential development projects in Sentosa Cove, which will comprise exclusiv...

 

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The Business Times, Wednesday 28 November 2007

Westwood Apartments sold for $2,525 psf ppr

Savills is also marketing another four to five collective sale sites, and Mr Ming says that 'there is interest from both foreign and local buyers'. Westwood Apartments did, however, sell for slightly under the indicative price of $2,800 psf ppr when it was put up for tender about two mont...

 

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