1.1 Company Background
Among the largest companies in Bursa Malaysia, YTL Corporation Berhad is one of it. Its position at the largest non-government linked company in Malaysia’s listed companies. In year 1955, YTL Corporation was founded by Tan Sri Dato’ Seri Dr. Yeoh Tiong Lay. The company name of YTL is derived from the founded name, Yeoh Tiong Lay. After 33 years, which is in year 1988, the corporation was passed the post of Managing Director to his elders son, Tan Sri Dato’ Seri Dr. Francis Yeoh Sock Ping. Under the leadership of Dr. Francis, the corporation successfully grew up from one listed entity to five listed companies, such as Power International, Cement, Syarikat Pembinaan, Land & Development, Hotels, E-solutions as well as SV Carbon.
YTL Corporation’s has a company objective and its represented company strategy, ‘World Class Products and Services at very Competitive Prices’. YTL Corporation has successfully met this objective by doing innovation on their goods and services and it has jotted down an unbelievable result on creating shareholder value. Cement manufacturing, hotels, technology and property development resulted in the creation of YTL Corporation with a stable of companies listed on both the Bursa Malaysia and the Tokyo stock exchange. Initially, the company is started from small company and growth to international utility company. By the way, this company have actually help the economics of Malaysia where it able to generate more than 70% over its revenue from other countries. This Corporation has also entered to Tokyo Stock Exchange in year 1996. According to Tokyo Stock Exchange, YTL Corporation is the first non-Japanese company that successfully entered to Japan stock exchange market.
This report is more towards YTL Land & Development Berhad. YTL Property development and they do have property investment primarily in Malaysia but they also have some property activities in Singapore. The company presently
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