Coronavirus crash wipes US$5 trillion off world stocks

Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to US$5 trillion.

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We like YTL REIT due to it being a hospitality REIT with exposure in the Australian market that continues to grow. At the same time, it has master leases on properties in Malaysia and Japan that provide steady incomes. Maintain BUY.


YTL Power - Progress on new projects

Progress was made pertaining to the new projects, with YTLP having finally obtained a government guarantee for Tj Jati A, along with the impending commencement of Attarat Power. We think risk-reward has turned favourable. Upgrade to BUY with a hig...

YTL Hospitality REIT 2QFY20 in-line

YTLREIT remains as our top pick for the sector, attributed to its resilient master lease rental income and strong pipeline of assets.

YTL Corp Quarter-on-Quarter Net Profit Grows 15% to RM18 Million (US$4.2 Million)
Half-Year Revenue Jumps 25% to RM10.8 Billion (US$2.6 Billion) with Profit Before Tax of RM371 Million (US$90 Million)

YTL Corp Executive Chairman, Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, KBE, CBE, FICE, said, ''The Group registered a 25% increase in revenue to RM10.8 billion for the 6 months ended 31 December 2019 with most segments contributing to the increas...

The Powers That Be

Good hotels are everywhere. The edge is always customer service. You can have gold taps and diamond chandeliers.  At the end, what matters in hospitality is always the service. 

Francis Yeoh receives honorary knighthood from the Queen

YTL Corp Bhd’s executive chairman Tan Sri Francis Yeoh has been conferred the award of honorary Knight of the British Empire by the United Kingdom’s (UK) Queen Elizabeth II.

AC Hotels debuts in Malaysia with trio of properties

The AC Hotels by Marriott brand, rebranded from its previous name Vistana, recently made its debut in Malaysia with the opening of a trio of properties in Kuala Lumpur, Penang and Pahang.

YTL REIT looking at more hotels

YTL Corp Bhd aims to buy more assets to increase the size of its YTL Hospitality REIT (real estate investment trust) business, currently valued at RM4.62 billion.

AC Hotels debuts in Malaysia

The AC Hotels by Marriott brand debuts in Malaysia with the opening of three properties in Kuala Lumpur, Penang and Pahang, which also marked the design-led lifestyle brand's entry in the Asia-Pacific region.