Company Name

:

YTL CORPORATION BERHAD
Stock Name

:

YTL  
Date Announced

:

04/01/2012


Type

:

Announcement
Subject

:


Description

:

YTL CORPORATION BERHAD
- INCORPORATION OF A NEW SUBSIDIARY

Announcement Details/Table Section :


YTL Corporation Berhad ("YTL Corp" or "the Company") wishes to announce that YTL Power Services Sdn Bhd, a wholly-owned subsidiary of YTL Cayman Limited, which in turn a wholly-owned subsidiary of the Company, has incorporated a new subsidiary, YTL Power Services (S) Pte Ltd ("YTLPS Singapore") in Singapore on 4 January 2012 with an issued and paid-up share capital of SGD1.00 comprising of 1 ordinary share. YTLPS Singapore will be principally involved in operation and maintenance of power stations.

The incorporation of YTLPS Singapore does not have any material effect on the earnings, gearing or net assets of YTL Corp Group for the year ending 30 June 2012. None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect in the said incorporation.