OTHERS INCORPORATION OF NEW SUBSIDIARIES

YTL POWER INTERNATIONAL BHD

Type Announcement
Subject OTHERS
Description
INCORPORATION OF NEW SUBSIDIARIES

Pursuant to Paragraph 9.19(23) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, YTL Power International Berhad (“Company” or “YTL Power”) wishes to announce the incorporations of the following two companies:-

  1. YTL Infrastructure Holdings Sdn Bhd (“YTL Infrastructure Holdings”) as a wholly-owned subsidiary of the Company;
  2. Global Infrastructure Assets Sdn Bhd (“Global Infrastructure Assets”) as a wholly-owned subsidiary of YTL Infrastructure Holdings, which in turn an indirect subsidiary of the Company

(collectively, the “Incorporations”).

 

YTL Infrastructure Holdings and Global Infrastructure Assets were incorporated on 1 March 2019 and 4 March 2019, respectively, each with the issued share capital of RM1.00 comprising 1 ordinary share, and both will be principally involved in investment holding.

 

The Incorporations are not expected to have any material effect on the earnings, net assets and gearing of the YTL Power group for the current financial year. None of the Directors or major shareholders of the Company or persons connected with them has any interest, direct or indirect in the Incorporations.






Announcement Info

Company Name YTL POWER INTERNATIONAL BHD
Stock Name YTLPOWR
Date Announced 06 Mar 2019
Category General Announcement for PLC
Reference Number GA1-06032019-00076