WITH a sprawling business empire involved in power, utilities, cement, construction, real estate, information technology and leisure, this probably makes YTL group of companies one of the country’s largest family-owned conglomerates.
And here’s the sweet spot. According to its chief steward, Tan Sri Francis Yeoh, the group’s parent YTL Corp Bhd expects to rake in at least RM1bil a year in dividends from these various business units and by 2015, the dividend contribution is expected to double. Much of that, as Yeoh says, can be attributed to the fact that most of its subsidiaries are “maturing into their own strength”.