Public | |
Industry | Utilities, Construction, High Speed Rail, Property, Hotels & Resorts |
Founded | 1955 |
Headquarters | Kuala Lumpur, Malaysia |
Key people
|
Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay, Executive Chairman Tan Sri Dato’ (Dr) Francis Yeoh CBE, Managing Director |
Revenue | RM19.27 billion (2014) |
RM2.8 billion (2014) | |
Number of employees
|
5632 |
Website |
www |
YTL Corporation Berhad (MYX: , : ) is a Malaysian infrastructure conglomerate, founded in 1955 by Tan Sri Dato' Seri Yeoh Tiong Lay, after whom the group is named. The company has grown from a small construction firm into an international utilities company which derives over 70 percent of its revenue from outside its home country.
The YTL Corporation (YTL Corp) was founded by Tan Sri Dato' Seri (Dr.) Tiong Lay in 1955. His oldest son, Tan Sri Dato' Seri (Dr) Francis Yeoh Sock Ping, became the Managing Director of YTL Corp in 1988. Under Yeoh's stewardship, the YTL Group grew from a single listed entity in 1985 to a group of five listed companies. Today, YTL Corp is one of the Bursa Malaysia's largest companies and together with its listed subsidiaries has a combined Market Capitalisation of about RM30.8 billion (US$10.15 billion). The company has also been listed on the since 1996, being the first Asian non-Japanese company to be listed there.
YTL Group had an annual average compounded growth rate of 55% over the 15 years to 2010. The group's portfolio of business includes power, utilities, cement, construction, real estate, information technology and leisure in Asia-Pacific and Europe. These various business units contributed at least RM1bil a year in dividends to YTL Corp.
Amongst the group's key businesses are utilities, operating and maintenance (O&M) activities, high-speed rail, cement manufacturing, construction contracting, property development, hotels & resorts, technology incubation, real estate investment trust (REIT), and carbon consulting. YTL serves more than 12 million customers in over three continents.