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Francis Yeoh wants to privatise more YTL subsidiaries

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Francis Yeoh wants to privatise more YTL subsidiaries Empty Francis Yeoh wants to privatise more YTL subsidiaries

Post by Cals Thu 13 Jun 2013, 15:49

Francis Yeoh wants to privatise more YTL subsidiaries
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Thursday, 13 June 2013 15:45

KUALA LUMPUR (June 13): Tan Sri Francis Yeoh indicated he is interested to own more of YTL Group's subsidiaries, effectively taking them private.

He said this when a reporter asked about the potential of privatising YTL Power Bhd.

However, the managing director of YTL Corp Bhd kept mum when asked which of his subsidiaries he wished to privatise.

"As a shareholder in my subsidiaries, of course I want to own more of them. Their cash flow and profitability are tremendous," he told reporters at a press conference at Invest Malaysia 2013 conference.
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