YTL Power could have secured short-term contract to supply electricity

KUALA LUMPUR: News that YTL Power International Bhd could have secured a short-term contract to supply about 580MW of electricity may be a much-needed rerating catalyst for the group.

“There is talk that it has won the short-term contract but so far, nothing is official. It is ‘hanging’ in the air right now. But it will surely be a boost to the company’s stock,” an analyst said.