YTL continues to reward long-term shareholders

Quick Summary:

YTL Corp Bhd and its subsidiary, YTL Power International Bhd, have proposed free warrants for shareholders that could raise up to RM7.5bil cumulatively, assuming full conversion.

Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposed issuance of free warrants is expected to be completed by the second quarter of 2025.

Assuming full exercise of the warrants, the gross proceeds are expected at about RM3.31bil and RM3.4bil under the Minimum Scenario and Maximum Scenario, respectively.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: GANESHWARAN KANA

Category: EconomyBusiness

Markets: Malaysia

Topics: ShareholderRewards /Business/Business News YTLGroup BusinessExpansion DebtReduction FreeWarrants Corporate News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 00:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25380758

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 39 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions