YTL Corp Bhd. history, profile and corporate video
YTL Corp Bhd. operates as an investment holding and management company, which engages in the ownership and management of regulated utilities and other infrastructural assets. It operates through the following segments: Construction, Information Technology and eCommerce Related Business, Hotel Operations, Cement Manufacturing and Trading, Property Investment and Development, Utilities, and ManagementServices and Others. The company was founded by Tiong Lay Yeoh in 1955 and is headquartered in Kuala Lumpur, Malaysia.“
The YTL Corporation (YTL Corp) was founded by Tan Sri Dato’ Seri (Dr.) Tiong Lay in 1955. His oldest son, Tan Sri Dato’ Seri (Dr) Francis Yeoh Sock Ping, became the Managing Director of YTL Corp in 1988. Under Yeoh’s stewardship, the YTL Group grew from a single listed entity in 1985 to a group of five listed companies. Today, YTL Corp is one of theBursa Malaysia‘s largest companies and together with its listed subsidiaries has a combined Market Capitalisation of about RM30.8 billion (US$10.15 billion). The company has also been listed on the Tokyo Stock Exchange since 1996, being the first Asian non-Japanese company to be listed there.
YTL Group had an annual average compounded growth rate of 55% over the 15 years to 2010. The group’s portfolio of business includes power, utilities, cement, construction, real estate, information technology and leisure in Asia-Pacific and Europe. These various business units contributed at least RM1bil a year in dividends to YTL Corp.
Amongst the group’s key businesses are utilities, operating and maintenance (O&M) activities, high-speed rail, cement manufacturing, construction contracting, property development, hotels & resorts, technology incubation, real estate investment trust (REIT), and carbon consulting. YTL serves more than 12 million customers in over three continents.
In 2010 Malaysian Business Magazine Top 100 Companies survey of Malaysia’s largest listed companies, YTL Corp has emerged as the largest non-government linked company in Malaysia. YTL Corp has also been named as one of the Top 250 Global Energy Companies in Asia under the Platts Top 250 Global Energy Company rankings and also earned a ranking of 15 overall in the Fastest Growing Asian Companies.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “sani shah“