The core business of the YTL Corporation and its subsidiaries (YTL Corp Group) consists of power generation, water & sewerage, cement manufacturing, construction, property development, hotels & resorts, telecommunication, digital banking, data center, artificial intelligence (AI), cloud computing, renewable energy and education.
With a market capitalisation of RM 43.36 billion, YTL Corp is amongst the largest companies listed on Bursa Malaysia Securities Berhad (Kuala Lumpur Stock Exchange, KLSE).
YTL Corp also has a stake in Starhill Global Real Estate Investment Trust, which is listed on the Mainboard of the SGX-ST, the Singapore stock exchange.
[5] In December 2023, YTL Power collaborated with U.S. technology giant, NVIDIA Corporation (NVIDIA) to build artificial intelligence (AI) infrastructure and bring the fastest supercomputers to Malaysia by the middle of 2024, in a USD 4.3 billion (RM 20.6 billion) investment deal.
In 2019, YTL Cement acquired a 51% stake in Lafarge Malaysia to elevate operational efficiencies in logistics, distribution and procurement, as well as to achieve cost synergies through economies of scale.
[9] MCB is now Malaysia’s leading building materials group, operating four integrated cement plants located in Langkawi, Kanthan, Padang Rengas, and Bukit Sagu.
It is principally involved in the construction of large-scale infrastructures including power plants, airport, hospitals, railway lines and telecommunications, as well as commercial and residential properties.
YTL Construction is the first turnkey contractor in Malaysia and has successfully completed over RM 20 billion worth of contracts on schedule and on budget.
These hospitals were a turnkey project, whereby YTL Construction took full responsibility of the commissioning, maintenance and execution of the fully equipped healthcare facilities in Batu Pahat, Sabak Bernam, Port Dickson, Kulim, Sungai Siput, Seberang Jaya, Kuala Pilah, Segamat, Kulai, Miri, Labuan and Sipitang.
In 2014, YTL Construction undertook the extension of the ERL service connecting KLIA with KLIA2, and subsequently won the Global AirRail Awards (GARA) for the third time through Express Rail Link Sdn Bhd (ERLSB).
was appointed as the local subcontractors to carry out the design, construction, supply, installation, completion, testing, commissioning and maintenance for the 197km electrified double track project from Gemas to Johor Bahru.
In 2018, YTL Land launched its freehold condominium, 3 Orchard By-the-Park, the first luxury high-rise project in Singapore.
Additionally, YTL Land launched its Dedaun Rimba project, located within the 2,259-acre Kwasa Damansara township development.
[20] Currently, among YTL Land’s largest projects is Sentul, an innovative 294-acre residential and commercial development known as Malaysia’s first private gated park in Kuala Lumpur.
Additionally, Vistana Kuala Lumpur, a moderately-priced hotel that began operations in 1996, has become a player in Malaysia’s hospitality industry.
As of May 2024, YTL Hospitality REIT has outlined plans for a new hotel development in Hokkaido, Japan, with an estimated total investment of RM 199 million.
YTL Corp has an effective interest of 37.18% in Starhill Global REIT, which was listed on the Mainboard of the SGX-ST, the Singapore stock exchange in 2005.
[27] In 2010, Starhill Global REIT acquired Starhill Gallery and parcels in Lot 10 in Kuala Lumpur, Malaysia, and the David Jones Building in Perth, Australia, increasing the trust’s portfolio size to approximately SGD 2.1 billion / RM 7.4 billion.
[28] YTL Corp owns a 45% stake in Express Rail Link Sdn Bhd (ERLSB) and its wholly-owned subsidiary, ERL Maintenance Support (E-MAS).
In 2014, YTL Construction undertook the extension of the ERL service connecting KLIA with KLIA2, and subsequently won the Global AirRail Awards (GARA) for the third time through ERLSB.
For instance, infoscreen media on the Express Rail Link (ERL) to KLIA and KLIA2 reaches over 1 million people who utilise the train service daily.
[29] Other than that, YTL e-Solutions Berhad assists organisations in designing and developing websites and applications to reach their business goals.