YTL Power says its shares are undervalued


“People are valuing our company in terms of dividends but our company holds a fair share of regulated assets. “There is a lack of understanding on how these assets should be valued,” group managing director Datuk Yeoh Seok Hong tells StarBizWeek.

WITH its plans to move into higher growth areas, YTL Power International Bhd believes its shares are undervalued at current levels.

“People are valuing our company in terms of dividends but our company holds a fair share of regulated assets.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

US private payrolls beat expectations in May
Ringgit marginally lower amid economic uncertainties
Westports replaces Inari as FBM KLCI constituent
Bursa Malaysia ends lower on sluggish momentum
Bursa Malaysia closed on June 5 for King's birthday
Meta Bright proposes diversification into leasing of machineries, equipment
Velesto Energy secures RM50mil well-drilling contract
Heng Huat Resources changes name to HHRG
Oil rises on potential US rate hike pause, debt bill passing
Elon Musk met with Chinese Vice Premier Ding in Beijing -source

Others Also Read