Corporate Information
The YTL Corporation (YTL Corp) was founded by Tan Sri Dato' Seri (Dr.) Yeoh 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 Tan Sri Dato' Seri (Dr) Francis Yeoh Sock Ping's stewardship, the YTL Group grew from a single listed entity in 1985 to a force comprising five listed companies. Today, YTL Corp is one of the Bursa Malaysia's largest companies and together with its listed subsidiaries has a combined Market Capitalisation of about RM37.2 billion (USD 12 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 strategy of acquiring valuable assets at attractive or distressed price had generated excellent returns for shareholders, successfully contributing to an annual average compounded growth rate of 55% over the last 15 years. Over the last decade has seen the group's portfolio of business had grown tremendously from a small construction firm into a sprawling business empire involved in power, utilities, cement, construction, real estate, information technology and leisure spanning across Asia-Pacific and Europe. These various business units contributed at least RM1bil a year in dividends to YTL Corp and by 2015, the dividend contribution is expected to double.
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.
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