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  31 July 2014
3:42:40 PM
Singapore boost for Starhill Global Reit's Q2 earnings
- Straits Times Singapore

YTL Starhill Global chairman Francis Yeoh said: "Tourist arrivals in Singapore have been affected by recent regional events.

"Despite this, our portfolio in Singapore continued to perform well, reflecting the quality of the assets as well as the continuous drive in repositioning our malls."

Starhill Global Reit yesterday posted a 5 per cent increase in distribution per unit (DPU) to 1.25 Singapore cents for its second quarter ended June 30.

On an annualised basis, this translates to a yield of 6.07 per cent. This is despite lower contribution from its overseas properties which led revenue to fall 1.4 per cent to S$48.4 million.

Net property income rose marginally by 0.2 per cent to S$39.2 million, however, as operating expenses for its Singapore, Japan and China properties fell.

The Reit's Singapore portfolio - which includes stakes in Orchard Road heavyweights Wisma Atria and Ngee Ann City - contributed two-thirds of its total revenue in Q2.... ›› more

 
  28 August 2014
6:03:21 PM
YTL Corp Records Full-Year Revenue of RM19.2 Billion (US$6.1 Billion)
Profit for the Period Jumps 40% to RM2.6 Billion (US$818 Million)
YTL Corp Declares 9.5 sen Interim Dividend, YTL Power Declares 10.0 sen Interim Dividend, YTL e-Solutions Declares 4.0 sen Interim Dividend

- Kuala Lumpur

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group recorded a 40.4% increase in profit for the period and a 20.8% increase in net profit attributable to shareholders on the back of RM19.2 billion in total revenue for the 12 months ended 30 June 2014. Our cement, property development and investment and hotel divisions all registered good growth, whilst in our utilities division, the power generation, water and sewerage and mobile broadband segments all turned in strong performances, offsetting lower sales in our merchant multi-utilities division.

The jump in net profit was contributed mainly by our cement business, which saw better performance in the concrete and quarry segments, as well as the net fair value gain on investment properties recorded by our REITs, YTL Hospitality REIT in Malaysia and Starhill Global REIT in Singapore.

As I have indicated that long term shareholders would be rewarded at the appropriate time, YTL Corp, YTL Power and YTL e-Solutions declared increased dividends to reward them for their confidence and continual support of the Group. YTL Corp declared an interim dividend of 9.5 sen per share which, together with the 2 interim dividends declared earlier this financial year, represents a dividend yield of approximately 7.7% (12.0 sen per share).”... ›› more

 
  29 August 2014
6:35:50 PM
YES & Samsung collaborate on new IT system to assist in Palliative Care provision
- YTL Communications

“Having the largest 4G footprint in Malaysia, we are uniquely qualified to power the next generation of digital healthcare in the country. The Huddle makes an excellent mobile companion for the Samsung GALAXY Tab S so that Hospis Malaysia staff members can access Internet on the move. We hope that through our contribution, medical doctors and nurses at Hospis Malaysia can update patient information on-the-go to improve palliative care,” said Wing K. Lee, Chief Executive Officer, YTL Communications.... ›› more

   
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31 July 2014
4:11:34 PM

Rising tide of anti-semitism in Britain as Jewish people face backlash over bloodshed in Gaza - Daily Mail

Jewish people in Britain are enduring a backlash of attacks, bomb threats and anti-semitic insults fuelled by the bloodshed in Gaza. More than 100 hate crimes have been recorded by police and community groups this month, more than double the usual number.... ›› more

 
 

19 August 2014
4:39:50 PM

Sorry chaps, women are the first class travellers: Men are more likely to lose tickets, miss trains and forget their suitcase, study finds - Daily Mail

For couples who have ever argued about lost luggage or forgotten tickets, this might help settle the score. ... ›› more

 
 

28 August 2014
12:50:17 PM

Earth's annual ecological budget blown in just 8 months - eco-business

The Global Footprint Network has declared August 19 as 'Earth Overshoot Day' - the point in 2014 where humanity has consumed more resources than the planet can regenerate in a year.... ›› more

   
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  Malaysian Education soars with 1BestariNet

1BestariNet launches the digital school text book to 10,000 schools to help enhance the teaching and learning process through the Frog VLE platform.

 

>> more videos

 
Dato' Michelle Yeoh and Alvin Goh of YTL visiting the National Geographic Store

Location: Lot10 Shopping Centre, Malaysia
Date: 26 April 2010

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