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 Destination Asia
rhoyba@ytlcommunity.com - 18 March 2010 10:08:04 AM
ASIAN buyers of luxury real estate may be raising their profiles in New York and London by picking up luxury homes at eye-popping prices, but they haven't been neglecting the property markets closer to home either. A significant new trend involves branded luxury residences which are located within a hotel property and can be part of the rental pool, commanding rates of several thousand dollars a night. The luxury investment bar continues to go up as well in Singapore, where the recent launch of hotel and property developer YTL Corporation's Kasara - The Lake collection at Sentosa Cove has yielded a highly positive result. The boutique development's 13 villas have all been sold, at prices ranging from S$14 million to over S$25 million. Despite - or even because of - its restrictions on foreign ownership, Singapore has long been a significant target for investors. 'They are property investors who own homes in key cities,' she says. 'If values are expensive in their home countries and Asia looks attractive, they will come here - these are definitely people with multiple homes in different cities and resorts.' [more...] |
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 YTL ups commitment in Earth Hour 2010
melisa@ytlesolutions.com - 17 March 2010 10:53:08 AM
“Climate Change is a very real phenomenon and as sea levels rise and our climate grow more erratic, each and every individual on our planet will no doubt feel its impact,” said Ruth Yeoh, YTL Corporation’s Director of Investments.
“In its message of hope and action, Earth Hour underlines the very simple fact that every individual should take responsibility for the impact they create on our precious environment. Earth Hour sets an excellent example of how simple it is for every individual to contribute towards saving our planet,” added Ruth, stressing the importance of sustainable practices in our daily lives. [more...] |
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 This is what I live for
rhoyba@ytlcommunity.com - 17 March 2010 9:34:02 AM
Brought up to respect the environment and to appreciate its beauty, Ruth Yeah, is unwavering in her passion to reduce carbon footprints. My father has always taught me to do business the right way, always in the Christian way. The environment is God's creation. It is a huge responsibility. We have been brought into this earth to be His stewards to protect the wealth that He has given us. You might have seen our premiere of Ed Norton's Strange Days on Planet Earth on the National Geographic Channel. I know Ed Norton Sr through the environmental circles that we mix in. His son the Ed Norton, the Hollywood actor, is following in his footsteps. It really encourages me as it reminds me so much of my father and me.
We also premiered the Inconvenient Truth movie. In the second year we did the same thing with the Eleventh Hour movie. We also held business conferences and you workshops. I invited every school in Malaysia to participate and that was very successful. During Earth Hour we gave away our Green Ribbon Award to the school with the most innovative sustainability programme. There are a lot of lobbyists and skeptics who are paid to work against these initiatives but that doesn't stop me because I know that there is a lot of caring Malaysians out there. I invite them to be part of the projects that we do.
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 Credit Suisse & CIMB Launch YTL Corp's US$350 Million Exchangeable Bonds
1st Malaysian exchangeable bond issue in 2 Years; Coupon set at a low of 1.875%
vijayan@ytlcommunity.com - 16 March 2010 3:44:18 PM
YTL Corp's Managing Director, Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, commenting on the issuance, said, “Our joint lead managers and joint bookrunners for the issue, Credit Suisse and CIMB, delivered an attractive set of terms. The coupon was set on the fine edge at 1.875%, one of the few issues since January 2009 that has been priced at a yield below 2%, which we believe is a true reflection of our investors’ faith in YTL Corp’s operating strength and business strategy”. [more...] |
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 Four firms to carry out RM50b Klang River rehabilitation project
rhoyba@ytlcommunity.com - 15 March 2010 10:07:28 AM
Wessex Water is a sewage treatment company based in the UK and is owned by YTL Corp Bhd.
Wessex Water managing director Gareth Jones said the status of the Klang River now lies between a critical and bad stage.
"There is a lot of trash that needs to be weeded out but the river can be saved and improved," he said, adding that the company will start work by next year.
[more...] |
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