Thursday, April 14, 2011

YTL Corp 'ready' for acquisitions: MD


YTL Corp's managing director Francis Yeoh said the group is “ready” for acquisitions and will focus on assets in the water, power, cement and transportation industries.

YTL Corp may bid for power-generation assets in Java, Indonesia, Yeoh told reporters in Kuala Lumpur today.

YTL Power International Bhd, YTL Land Bhd and YTL Cement Bhd will be able to pay “consistent, substantial” dividends starting this financial year, he also said.-- Bloomberg


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collected another ytlp-wb, now my ave ~RM1.19/share and disposed Maybank @ RM8.79 today for a peanut capital gain and good dividend. I believe in Maybank growth potential but at current level, better switch to defensive counter like ytlp.

Btw, fuh had a good dinner today..wow

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