YTL Power’s Ranhill stake buy a positive

Shares of YTL Power hit an all-time-high of RM2.29, rising by 5.05% or 11 sen.

PETALING JAYA: Investors reacted positively to YTL Power International Bhd emerging as the single largest shareholder in Ranhill Utilities Bhd, which effectively gave YTL Power a footing in the utilities space once again.

Shares of YTL Power hit an all-time-high of RM2.29, rising by 5.05% or 11 sen yesterday as 51.1 million shares changed hands.