MarketYTL Corporation
Company Profile

YTL Corporation

YTL Corporation Berhad is a Malaysian multinational company mainly focused on building infrastructure. Founded by Yeoh Tiong Lay in 1955, it has grown into a major conglomerate with listings on the Bursa Malaysia, the FTSE Bursa Malaysia KLCI, the MSCI Malaysia Index, and the Prime Market Foreign Stocks Segment of the Tokyo Stock Exchange. In 1996, it made history as the first non-Japanese Asian company to be listed there.

Subsidiaries
In June 2024, YTL's total financial capital was approximately RM100 billion. YTL Corp also has interest in Starhill Global REIT, a Singapore-listed entity that owns prime retail assets in Singapore, Malaysia, Japan, China, and Australia. == Operations ==
Operations
Malaysia YTL's core operations are concentrated in Malaysia. YTL Power International is a major player in the country's power generation and water sectors, operating 1,212MW combined cycle power plant at Paka, Terengganu, and Pasir Gudang, Johor. YTL Communications provide telecommunication services under the YES brand. YTL Construction has undertaken large-scale infrastructure projects across the country, including power plants, airports, hospitals, railway lines, and commercial and residential buildings. YTL Land is responsible for property development, with a significant land bank and townships like Sentul in Kuala Lumpur. YTL Hospitality REIT manages and develops a portfolio of renowned hospitality properties like Pangkor Laut Resort and The Ritz-Carlton, Kuala Lumpur. Express Rail Link operates the KLIA Ekspres and KLIA Transit high-speed rail services connecting Kuala Lumpur International Airport (KLIA) with Kuala Lumpur Sentral. YTL Data Center Holdings, a subsidiary of YTL Power operates data centers in Sentul, Kuala Lumpur and Kulai, Johor. The Green Data Center Park in Kulai is host to Nvidia's cloud computing supercomputers focusing on artificial intelligence application. In May 2024, YTL Power emerges as substantial shareholder of Ranhill Utilities, a utility company operating water treatment plant in Johor and power generation plant in Sabah. Singapore YTL Power owns and operates YTL PowerSeraya in Singapore, a company with a total licensed generation capacity of 3,100 megawatts and involved in multi-utility operations. Additionally, YTL Corp has a significant stake in Starhill Global REIT, a Singapore-based Real Estate Investment Trust (REIT) that invests in prime retail and office properties across Singapore, Malaysia, Japan, and China. In July 2024, YTL announced its intention to expand into the industrialized building systems sector through YTL Cement Bhd, which plans to acquire a significant stake in NSL Ltd, a company based in Singapore. United Kingdom YTL's presence in the United Kingdom is through Wessex Water, a water and sewerage provider serving 2.9 million customers. YTL Developments UK Limited is another venture undertaking the development of Brabazon, a mixed-use property project on the historic Filton Airfield site in Bristol. Other Countries YTL Power has investments in power generation companies PT Jawa Power and PT Jawa Timur in Indonesia, and Attarat Power in Jordan. == Recent developments ==
Recent developments
Data centre expansion (2026) In April 2026, YTL Power International announced plans to accelerate the expansion of its Green Data Centre Park in Kulai, Johor, targeting a doubling of capacity to 1,000 megawatts within three years from the initially planned 500 megawatts. The company had secured commitments for up to 300 megawatts at the time of the announcement. YTL Power also indicated it was considering a separate listing of its data centre unit, as well as bond or sukuk issuances to fund the expansion. YTL Cement acquires controlling stake in Cepco (2026) In April 2026, YTL Cement Bhd acquired a 53.49% controlling equity interest in Concrete Engineering Products Bhd (Cepco), a manufacturer of prestressed spun concrete piles and poles listed on the Main Market of Bursa Malaysia, for RM103.8 million at RM2.60 per share. The acquisition triggered a mandatory general offer for all remaining Cepco shares under the Capital Markets and Services Act. The offer price represented a premium of 39% to Cepco's last closing price prior to the announcement and a premium of 96.2% to its one-year volume weighted average price. YTL Cement stated its intention to maintain Cepco's listing status on Bursa Malaysia. == References ==
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