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Power & Glory

   
Tan Sri Dato' (Dr) Francis Yeoh relaxes at Spa Village KL. [Photography by Sun Studio]

Kuala Lumpur, 9 July 2005

 

YTL Corporation managing director, Tan Sri Dato’ (Dr) Francis Yeoh, has been featured in this month's edition of Malaysia Tatler in its cover story. Showcasing some of Malaysia's most important and influential people, the article by the magazine's style editor, Ngim Siew Lee, lists Yeoh under the title "Power of Foundation" together with Robert Kuok for "Fiscal Power", Tan Sri Ananda Krishnan for "Power of Communications" and Tan Sri Dato' Dr Lin See Yan for "Brain Power".

 

When asked for his comment on the article, Yeoh replied, "Well, I am honoured to be listed amongst Malaysia’s 'powerful and glorious'. What is apt is that I am listed under the Power of Foundation. Once again, I reiterate that it is on the foundation of God, our Father in Heaven, that YTL is built and it is on His rock that I can stand on principles whilst on bended knees."

 

Power & glory

 

Malaysia Tatler, July 2005

 

Power is something that many strive for but few achieve. But what is power? Ngim Siew Lee meets some of Malaysia’s most important and influential people to explore this enigmatic concept and its changeable nature.

 

Power of Foundation 

 

It takes a man with vision and fervour like Tan Sri Dato’ (Dr) Francis Yeoh to create a thriving community within different pocketed areas. He is driven by a desire to not have things destroyed because “people who preserve the environment are people who care.” And he succeeds in doing what is necessary. The managing director of YTL Corporation Berhad rescued Pangkor Laut from possible destruction had it been sold to a business opportunist. He developed the award-winning Pangkor Laut Resort in 1985, preserving its 100-million-year-old forests and offering guests the option of sleeping right above the clear blue waters. Similarly with Bukit Bintang Street. What used to be a lived-in area with a 100-year-old history was turning derelict. This heroic property developer invested more than RM250 million to create Bintang Walk as our answer to the Champs Elysees in Paris.


   

On how he earned the trust of the then Prime Minister Mahathir to lift heavy duties on luxury goods to encourage quality investment in the high-end retail industry, he says, “YTL has benefited from its legacy of competitiveness. He knows our prowess.” Pantai Hillpark also used to be pockmarked with squatters before YTL Corporation swooped in with its property development plans. Puchong Lake Edge was developed with hopes of bringing residents closer to nature. With Sentul, he stripped the undesirable connotations that shrouded this area and created a community with project names that complemented Sentul’s name of a tree.

 

“Motivation and patience makes economic common sense," he says. “God has given me talents, and I am blessed to have an assembly of talented and intelligent people to help propel YTL into a world-class business at reasonable prices.” He has added an ultra-lavish serviced residence, The Residences at The Ritz-Carlton, Kuala Lumpur, to his family of successes and connected The Ritz-Carlton, Kuala Lumpur and The Residences to Starhill Gallery with a luxurious sky bridge. And Tan Sri Francis has not stopped there. In the midst of all this serious retail therapy, he built Spa Village, Kuala Lumpur, for he believes that we should allocate time to have nothing to do and be given the opportunity to do it. Tan Sri Francis takes after his father Tan Sri Yeoh Tiong Lay in a lot of ways; both are confident men who wear power lightly, and they work fast with passion and integrity.




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