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Business

YTL REIT to buy ski resort in Japan for RM222mil

PETALING JAYA: YTL hospitality real estate investment trust (REIT) has entered into a conditional sale and purchase agreement with Niseko Village KK for the acquisition of a ski resort hotel – The Green Leaf Niseko Village – for a cash consideration of six billion yen (RM222.5mil).

Business

YTL REIT acquires ski resort for RM222.5mil

KUALA LUMPUR: YTL Hospitality REIT (YTL REIT) has proposed to acquire a ski resort, The Green Leaf Niseko Village in Japan for 6.0 billion yen or RM222.5mil cash.

Business

YTL Hospitality REIT fourth quarter earnings 11% up

PETALING JAYA: YTL Hospitality Real Estate Investment Trust (REIT) recorded a 10.95% jump in earnings to RM67.55mil for the fourth quarter to June 30 on the back of the better performance of its Australian properties as a result of an increase in room sales following the completion of a refurbishment exercise.

Business

AirAsia 'buy', MAHB 'buy', RHB 'add', YTL Hospitality 'buy'

AirAsia is expected to grow seat capacity at its Malaysian operations by 20% in 2018 and would be taking delivery of six aircraft this year, bringing its total fleet to 36 aircraft.

Analyst Reports

Affin Hwang maintains buy on YTL REIT

KUALA LUMPUR: Affin Hwang Capital Research has reiterated its buy rating on YTL Hospitality REIT with a lower price target of RM1.35 from RM1.61 after incorporating its revised earnings forecasts and raising the cost of equity.

Business

Local bourse to play catch-up

Underperformance in 2017 gives room for the stock market to strengthen further

Business

Property market seen flat

AmInvest: Developers will shift towards affordable homes

Business

Budget 2018 positive for consumer, construction, tourism

KUALA LUMPUR: The Budget 2018 proposals are positive, especially for the consumer, construction and tourism sectors, says Maybank Investment Bank Research.

Business

Trading ideas: Mah Sing, YTL Reit, KPJ Healthcare

KUALA LUMPUR:Mah Sing, YTL Hospitality Reit, KPJ Healthcare and RCE Capital are among the stocks which could see trading interest on Monday after their corporate news, says JF Apex Research.

Business

Breakfast briefing: Monday, May 29

Breakfast briefing: Monday, May 29