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Tan Sri Dato' (Dr) Francis Yeoh, Managing Director of YTL Group of Companies said: 'We're delighted to expand our hospitality footprint in Asia through Marriott International.
The Group's exposure to the UK is largely via YTL Power's wholly owned subsidiary, Wessex Water Services Ltd (Wessex), a water and sewerage service provider in southwest England.
Starhill Global REIT is managed by an external manager, YTL Starhill Global REIT Management Limited.
YTL Hotels to Open Gaya Island Resort Off of Borneo in July.
Our joint venture with YTL Communications enables us to bring established expertise in developing solutions for 4G networks in Malaysia to our customers in the Indian subcontinent.
According to Xchanging this partnership combines the company's own technology, delivery expertise and international domain knowledge with YTL Communications' 4G network and market reach to deliver next-generation, mission-critical cloud solutions and platforms.
The ratings reflect the group's robust business profile stemming from its regulated asset base, particularly its investments in power and water-sewerage services via wholly owned YTL Power Generation Sdn Bhd (YTLPG) in Malaysia, PowerSeraya Ltd in Singapore, and Wessex Water Ltd in the UK, the agency said.
Under the agreement, YTL Communications will work towards hosting Media Prima and RTM's existing local channels and content on its next-generation TV service, using technology based on a hybrid DVB-T2 and WiMAX set-top box (STB) from US-based Sezmi Corporation.
The Malaysian system is being developed and deployed by Sezmi in partnership with YTL Communications and will establish Malaysia as a digital broadcasting hub for the Asia Pacific region.
Sezmi, a provider of hybrid television solutions, and YTL Communications, a provider of Internet services and part of Malaysian utilities and infrastructure company YTL Corporation (KualaLumpur: 4677), today announced that they are to jointly launch a converged intelligent TV and Internet service which will be delivered over a wireless network to homes and mobile devices in Malaysia by the end of next year.
With the appointment of James McBride as president of YTL Hotels last July, the expansion plan is in line with the company's vision to bolster its global operations and enhance its existing collection of hotels and resorts.
YTL is collaborating with Siemens Malaysia Sdn Bhd, a unit of German electronics firm Siemens, for the project that was shelved last year due to concerns it would be too expensive, the Edge financial weekly said, citing one of the sources.
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- YTL L&D
- YTL Land & Development Berhad
- YtL Power International Berhad