YTL Corporation
Added recent developments section: YTL Power data centre expansion and YTL Cement/Cepco acquisition (April 2026), sourced from The Edge and The Star
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=== Other Countries === |
=== Other Countries === |
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YTL Power has investments in power generation companies PT Jawa Power and PT Jawa Timur in Indonesia, and [[Attarat Power Plant|Attarat Power]] in Jordan.{{Cite web |last=Harinderan |first=K. |date=2024-05-27 |title=Profit Decline Signals Need For YTL Power International To Take A Breather - BusinessToday |url=https://www.businesstoday.com.my/2024/05/27/profit-decline-signals-need-for-ytl-power-international-to-take-a-breather/ |access-date=2024-07-25 |website=www.businesstoday.com.my/ |language=en-US}} |
YTL Power has investments in power generation companies PT Jawa Power and PT Jawa Timur in Indonesia, and [[Attarat Power Plant|Attarat Power]] in Jordan.{{Cite web |last=Harinderan |first=K. |date=2024-05-27 |title=Profit Decline Signals Need For YTL Power International To Take A Breather - BusinessToday |url=https://www.businesstoday.com.my/2024/05/27/profit-decline-signals-need-for-ytl-power-international-to-take-a-breather/ |access-date=2024-07-25 |website=www.businesstoday.com.my/ |language=en-US}} |
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== Recent developments == |
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=== Data centre expansion (2026) === |
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In April 2026, YTL Power International announced plans to accelerate the expansion of its Green Data Centre Park in Kulai, Johor, targeting a doubling of capacity to 1,000 megawatts within three years from the initially planned 500 megawatts. The company had secured commitments for up to 300 megawatts at the time of the announcement. YTL Power also indicated it was considering a separate listing of its data centre unit, as well as bond or sukuk issuances to fund the expansion.{{cite news |title=YTL, YTL Power surge as data centre push lifts growth outlook |url=https://theedgemalaysia.com/node/798570 |work=The Edge Malaysia |date=3 April 2026 |author=Choy Nyen Yiau}} |
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=== YTL Cement acquires controlling stake in Cepco (2026) === |
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In April 2026, YTL Cement Bhd acquired a 53.49% controlling equity interest in Concrete Engineering Products Bhd (Cepco), a manufacturer of prestressed spun concrete piles and poles listed on the Main Market of Bursa Malaysia, for RM103.8 million at RM2.60 per share. The acquisition triggered a mandatory general offer for all remaining Cepco shares under the Capital Markets and Services Act. The offer price represented a premium of 39% to Cepco's last closing price prior to the announcement and a premium of 96.2% to its one-year volume weighted average price. YTL Cement stated its intention to maintain Cepco's listing status on Bursa Malaysia.{{cite news |title=YTL Cement takes control of Cepco with RM103.8mil stake |url=https://www.thestar.com.my/business/business-news/2026/04/03/ytl-cement-takes-control-of-cepco-with-rm1038mil-stake |work=The Star |date=3 April 2026 |author=Ganeshwaran Kana}} |
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== References == |
== References == |
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