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YTL Power

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YTL Power International Berhad
Company typePublic limited company
MYX: 6742
ISINMYL6742OO000
IndustryPower Generation, Merchant Multi-Utilities, Water & Sewerage, Telecommunication, Data Centers, Digital Banking, Investment Holding Activities
HeadquartersMenara YTL, 205 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia
Area served
Malaysia, Singapore, United Kingdom, Indonesia, Hashemite Kingdom of Jordan and Netherlands
Key people
Tan Sri Dato’ Dr (Sir) Francis Yeoh Sock Ping, Executive Chairman; Dato’ Seri Yeoh Seok Hong, Managing Director
RevenueIncreaseRM 21.09 billion (2023)
IncreaseRM 2.3 billion (2023)
Total assetsIncreaseRM59.1 billion (2023)
Number of employees
4782 (2023)
ParentYTL Corporation
Market capIncreaseRM 45.05 billion (June 2024)
Related indicesIncreaseRM 103.65 billion (Total Combined Group Market as of June 2024)
Websitewww.ytlpowerinternational.com

YTL Power International Berhad (YTL Power) is a subsidiary of YTL Corporation Berhad (YTL Corp), one of the largest companies listed on Bursa Malaysia. As of June 2024, the total combined group market capitalisation is RM 103.65 billion. Furthermore, YTL Corp and YTL Power were listed in the Fortune Southeast Asia 500 for the year 2024, ranking 47th and 78th, respectively. The ranking of the 500 Largest Companies in Southeast Asia is based on the revenue for the fiscal year 2023.[1] As of November 2023, YTL Corp and YTL Power are included as constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI) index.

YTL Power, the utilities arm of YTL Corp, is an international multi-utility owner and operator active across key segments of the utilities industry. The company has operations, investments and projects under development in Malaysia, Singapore, the United Kingdom, Indonesia, the Hashemite Kingdom of Jordan, and the Netherlands. YTL Power has developed greenfield projects and acquired operational assets through competitive auctions. The YTL Power Group owns Wessex Water Limited, a water and sewerage provider serving 2.9 million customers in the UK, and YTL PowerSeraya Pte Limited, which has a total licensed generation capacity of 3,100 megawatts and operates as a multi-utility provider in Singapore. In Malaysia, YTL Power owns a 60% stake in YTL Communications Sdn Bhd, which provides high-speed 4G and 5G services under the Yes brand. In the UK, the Group is currently developing Brabazon in Bristol, a mixed-use residential and commercial property project on the Filton Airfield site, which will include YTL Arena Bristol. Projects under development also include a 500-megawatt solar power generation facility in Kulai, Johor, and green data centers in Malaysia and Singapore. The Group, in consortium with Sea Limited, was also awarded a digital banking licence by Bank Negara Malaysia.

The utilities segment continues to be the Group’s largest operating segment, contributing 71% of revenue for the financial year ended 30 June 2023.[2] As of June 2024, YTL Power has a market capitalisation of RM 45.05 billion and is ranked #8 by market capitalisation on the KLSE.

Key financials[edit]

The key business segments of the company are power generation, merchant multi-utilities, water and sewerage, telecommunications, data centers, digital banking, and investment holding activities.[3]

As of June 2023, the financial highlights of YTL Power are as follows:

  • Revenue  : RM 21.89 billion
  • EBITDA  : RM 4.98 billion
  • Profit Before Tax : RM 2.45 billion
  • Profit After Tax  : RM2.03 billion
  • Total Assets : RM 59.13 billion
  • Total Cash : RM 9.00 billion

Subsidiaries[edit]

YTL Power Generation Sdn Bhd - Malaysia

In 1992, YTL Power started as the first Independent Power Producer (IPP) in Malaysia by securing a 21-year Power Purchase Agreement (PPA) from the government for the development of a 1,212MW combined cycle power plant at Paka, Terengganu, and Pasir Gudang, Johor. The development of the combined cycle power plant was financed through a ringgit denominated currency, facilitated by the first 15-year long term bond issued by the Employees Provident Fund (EPF). This financing successfully mitigated the influence of the Asian Financial Crisis at that time.[3][4]

In 1993, YTL Power completed and commissioned both gas-fired combined cycle power plants at Paka, Terengganu and Pasir Gudang, Johor with a total combined capacity of 1,212MW. The open-cycle plant was completed in a world-record time of 10 months, while the gas-fired combined cycle plant was completed in 22 months.[5] Subsequently in September 2017, the Paka power plant was awarded a supplementary PPA for a further period of 3 years and 10 months.[6]

YTL Power was listed on Bursa Malaysia (the Kuala Lumpur Stock Exchange) since 23 May 1997, on the Main Market of the exchange under the Gas, Water & Multi-Utilities sub-sector of the Utilities sector.[7]

ElectraNet Pty Ltd – Australia

ElectraNet high voltage transmission lines

In 2000, YTL Power made its first significant foreign investment by acquiring a 33.5% equity interest in ElectraNet Pty Ltd (ElectraNet) for AUD 58.5 million (approximately RM 122.9 million).[8] ElectraNet is an electricity transmission company in South Australia serving regional transmission under a 200-year lease. ElectraNet transmits power over long distances from regional generators and interstate sources to metropolitan and regional areas including large, direct-connect industrial customers.[9]

ElectraNet has worked with various industries to advance the penetration of renewables in South Australia to greater than 70% of peak load (at times surpassing 100%), all while developing and providing a reliable and secure transmission network for consumers, loads and generators alike.

ElectraNet has connected more than 3.5GW of renewable energy to Australia’s National Energy Market, including large-scale wind and solar generation, and grid-scale Battery Energy Storage Systems.

In 2022, YTL Power divested its stake in ElectraNet to Australian Utilities Pty Ltd for a consideration of approximately RM 3.07 billion, generating RM 2.2 billion in gains upon completion of the transaction.[10]

Wessex Water Limited – United Kingdom

In 2002, YTL Power acquired 100% of Wessex Water Limited (Wessex Water) from Enron. Wessex Water is a regional water and sewerage service company that serves 2.9 million customers across a geographic area of approximately 10,000 square kilometres in the southwest of England, including Dorset, Somerset, Bristol, most of Wiltshire and parts of Gloucestershire and Hampshire.[3]

Wessex Water is regulated by the Water Services Regulation Authority (known as Ofwat), the economic regulator for the UK water industry, and holds a license from the UK government under an instrument of appointment to supply clean water and treat and dispose of wastewater from its operating region. Wessex Water’s regulatory capital value demonstrates ongoing growth since it was acquired by YTL Power in 2002, at GBP 1.3 billion (approximately RM 7.7 billion). As of 30 June 2023, the regulatory value was at GBP 4.1 billion (approximately RM 24.4 billion).

In April 2015, average bills were reduced by 5% through its assistance programme, ‘tap’, aimed at supporting customers who are financially vulnerable and have difficulty paying their bills. The programme helped more than 21,000 customers to pay ongoing charges and repay debt. It also offered additional practical help to reduce water and energy bills. Additionally, under guidance from its expert affordability advisory group, a discount of around 20% was introduced for pensioners on the lowest incomes who often suffer hardship in silence.[11]

Additionally, Wessex Water was rated as the top-performing water and sewerage company in the latest UK Customer Service Index 2023 by the Institute of Customer Service and retained the National Customer Service Excellent (CSE) quality mark certificate in 2023. As a result, Wessex Water’s outstanding performance has led it to become one of only six companies in the UK to have been a three-time winner of the Queen’s Award for Enterprise in Sustainable Development.[12]

YTL PowerSeraya Pte Limited - Singapore

On 6 March 2009, YTL Power acquired 100% equity interest in YTL PowerSeraya Pte Limited (YTL PowerSeraya) from Temasek Holdings. YTL PowerSeraya is situated on Jurong Island – Singapore’s oil, gas and petrochemicals hub which is in close proximity to the world’s major shipping and oil routes, and has extensive fuel storage capacity.[13]

YTL PowerSeraya’s power generation business has a licensed generating capacity of 3,100MW, consisting of combined cycle plants, co-generation combined cycle and steam turbine plants.

In 2011, PowerSeraya became the first power generation company to export electricity to Malaysia’s national power producer, Tenaga Nasional Berhad, marking the first commercial deal for cross-border sale of electricity between Singapore and Malaysia.

In 2018, with the liberalisation of the Singapore electricity market, YTL PowerSeraya re-established its retail brand in Singapore as Geneco. Besides Seraya Energy’s commercial and industrial customers, the company now also caters to households as well as small and medium enterprises. This unification of the retail brand in Singapore provides customers with a seamless and more efficient service experience.[14] As of June 2024, Geneco is the largest electricity retail market in Singapore.[citation needed]

In 2022, YTL PowerSeraya acquired Tuaspring Pte Ltd, a 396 MW combined cycle gas turbine power plant in Singapore. The original purchase consideration of SGD 331.45 million, which was to be settled via a combination of cash, shares and shareholder loans in the holding company of YTL PowerSeraya was subsequently restructured to a purely cash deal of SGD 270.0 million. The transaction was completed in June 2022.[15] The plants operated under YTL PowerSeraya contribute more than 30% of Singapore’s total electricity needs. [16]

In 2023, YTL PowerSeraya collaborated with TNB Power Generation Sdn Bhd for the export and import of 100MW of electricity to Singapore via a newly upgraded interconnector.[17] In January 2024, YTL PowerSeraya won the first request for proposal (RFP) for the development of a 600MW hydrogen-ready CCGT under Singapore’s Energy Market Authority’s new centralised process and it is expected to be completed by 31 December 2027. [18]

YTL Communications Sdn Bhd - Malaysia

In Malaysia, YTL Power owns a 60% stake in YTL Communications Sdn Bhd (YTL Comms), which operates a 4G LTE network using the 2.3 GHz and 2.6 GHz spectrum awarded by the Malaysian Communications and Multimedia Commission (MCMC). YTL Comms’ network provides high-speed mobile services under the Yes brand since 2010.[7]

Under the 1BestariNet programme, Yes worked with the Malaysian Ministry of Education to provide 10,000 primary and secondary national schools across the country with high-speed 4G internet connection and to use the cloud-based Frog VLE (Virtual Learning Environment) platform. The 1BestariNet was an initiative by the Ministry of Education to replace and improve the SchoolNet service which expired at the end of 2010. Yes realised this initiative by developing high-speed internet coverage across the entire nation, fostering familiarity with the benefits of ICT in educational institutions. The 1BestariNet project is also recognised on the global stage. Sundar Pichai, who was then Google SVP for Android Chrome and Apps, presented 1BestariNet during Google I/O 2013. He commended Malaysia for wanting to provide 4G connectivity to 10,000 schools including those in rural areas.[19]

Subsequently in May 2013, Yes 4G, a key component of the 1BestariNet, introduced the world’s first 4G Google Chromebook by Samsung. The Samsung 4G Chromebook was co-developed exclusively by Yes, Samsung and Google to integrate a 4G module that worked seamlessly with Yes’ 4G network which had already covered 85% of the country across over 4,000 base stations. Sundar Pichai noted that the “pace at which 4G connectivity is being rolled out throughout the country and what’s happening in Malaysia can be a role model for many other countries around the world.”[20]

In 2016, the 4G brand under YTL Comms was the first mobile operator in Malaysia to introduce Voice-over-LTE (VoLTE) capability for high-definition and crystal-clear calls. At the same time, Yes Altitude, the newest Android device developed by Yes, was unveiled in the Malaysian market.[21]

Yes 5G – First to Offer 5G Services in Malaysia

Yes 5G was the first to offer 5G services in December 2021 – nine months ahead of all other mobile service providers in Malaysia.[7][22] In December 2022, Yes was awarded the MCMC Star Rating Awards 2021 for Best in Quality of Service, Best in Consumer Satisfaction, Best in Corporate Social Responsibility and, significantly, the Best Mobile Network Operator.[23]

In December 2023, YTL Power signed the share subscription agreement to acquire 14% stake in Digital Nasional Berhad (DNB), becoming the pioneer of 5G service provider in Malaysia.[24] Yes 5G  was also recognised as Malaysia’s fastest mobile network speed in 2022 & 2023 by Ookla during the Speedtest Awards in Barcelona.[25]

In June 2023, Yes 5G partnered with NVIDIA to introduce GeForce Now, becoming the first to launch the cloud gaming service in Malaysia. GeForce NOW, powered by Yes, allows users to stream video games directly from the cloud instead of downloading the entire game onto a device. GeForce NOW supports a wide range of devices, including laptops, desktop PCs, Macs, TVs, Android devices, iPhones and iPads. Despite using basic hardware configurations, users can now enjoy playing games on high display settings, up to RTX On in 1080p at 60FPS.[26]

In April 2024, the Managing Director of YTL Power, Dato’ Seri Yeoh Seok Hong was appointed to the Board of DNB, becoming a key member to contribute input and direction for the advancement of Malaysia’s digital infrastructure and the adoption of 5G technology across industries, enterprises, the public sector and consumers.[27]

In May 2024, YTL Comms collaborated with Clarion Malaysia to launch Malaysia’s first AI- and robotics-based advanced manufacturing, powered by Yes 5G Private Network. The Yes 5G Private Network provides the critical high-capacity, ultra-low latency communications fabric to enable next-generation smart manufacturing, integrating AI and robotics into the factory floor.

YTL Data Center Holdings Pte Ltd – Malaysia/Singapore

YTL Data Center Holdings Pte. Ltd. (YTLDC) is an investment holding company that owns and operates data centers.[7]

Dodid Pte. Ltd.

In December 2021, YTLDC completed the acquisition of Dodid Pte. Ltd. (Dodid), owner of a 12.5MW, Tier-3 data center in Singapore. Dodid is a data center located in Tagore Lane, Singapore which houses nine data hall suites equipped with dual meet-me rooms and MDF rooms within a 4-storey building. Dodid was built and commissioned in 2018. This marked YTLDC’s first foray into the data center industry outside Malaysia, and is the initial step towards establishing a regional data center platform in Southeast Asia. [7][28]

YTL Green Data Center Park

In 2022, YTL Power embarked on the development of the YTL Green Data Center Park in Kulai, Johor with a total investment value of RM15 billion, through its subsidiary YTLDC. This will be the first data center campus in Malaysia to be co-powered by on-site renewable solar energy.[7] The data center is located 30km from Singapore in the Iskandar region of Johor, and will be powered by a 500MW solar farm, offering diversity in power and connectivity on a large industrial site, of which 275 acres will be dedicated to data center development.[29]

YTLDC and Sea Limited broke ground with a RM1.5 billion investment for the development of the Sea Data Center in August 2022, marking the first phase of the YTL Green Data Center Park. The facility will feature 24 data hall suites, M&E rooms, office space, storage, and parking facilities. The first phase of the co-development will enter service in 2024.[7][30]

Collaboration with NVIDIA in YTL AI Cloud

In December 2023, NVIDIA Corporation (NVIDIA) and YTL Power were in advanced talks to partner on artificial intelligence (AI) infrastructure, including supercomputers and cloud computing, with the project to be hosted at the YTL Green Data Center Park. YTL Power will collaborate with NVIDIA to develop AI infrastructure in the Southeast Asian country, in a USD 4.3 billion (RM 20.6 billion) investment deal. Under the deal, the companies will collaborate on building Malaysia’s fastest supercomputers using NVIDIA AI chips. Additionally, YTL Power will utilise NVIDIA’s AI cloud computing platform to build a large language model in Malay. Nvidia’s CEO Jensen Huang mentioned that Malaysia is an important hub for Southeast Asia computing infrastructure, which requires access to land, facilities and power, and YTL could play a significant role in that. In addition, Jenson Huang agreed to develop the AI ecosystem in Malaysia by supporting the construction of a center of excellence to facilitate AI learning and research. [31]

In March 2024, YTL Power announced the formation of YTL AI Cloud. YTL is among the first companies to adopt NVIDIA GB200 NVL72, which is a multi-node, liquid-cooled, rack-scale system with fifth-generation NVLink. The supercomputer will be interconnected by NVIDIA Quantum InfiniBand networking platform. The platform acts as a single GPU with 1.4 exaflops of AI performance and 30TB of fast memory and is designed for the most compute-intensive workloads. The YTL AI Supercomputer will surpass more than 300 exaflops of AI compute, making it one of the fastest supercomputers in the world. [32]

YTL Sentul Data Center

The YTL Sentul Data Center serves as an edge data center.[33]

YTL Digital Capital Sdn. Bhd. - Malaysia

In April 2022, YTL Digital Capital, in consortium with Sea Limited, was one out of 29 applicants that won the digital banking licence from Bank Negara Malaysia. [34]

YTL Developments UK Limited – United Kingdom

YTL Developments UK Limited (YTL Developments), a wholly-owned subsidiary of YTL Property UK, is headquartered in Bristol. The current project under development is Brabazon – a new "urban community" that will comprise new homes, employment space, new schools and a town-center. YTL Developments is currently delivering the first phase at Brabazon, known as The Hangar District, comprising 302 residential units apportioned to 127 landed and 175 apartment units. All open-market homes are sold in staggered releases, and to date, all have been sold off-plan with no voids accrued.[7]

In March 2024, the South Gloucestershire Council granted permission for revised plans from YTL Developments to build 6,500 new homes, including the west of England's largest urban park. The park will feature a heritage trail, connecting the Brabazon Hangars with Aerospace Bristol Museum. A floating boardwalk around the lake, independent cafes, restaurants and outdoor sports facilities are also in the plans. Of the 6,500 properties, 2,000 will be student accommodation and more than 1,700 will be affordable.[35]

YTL Arena Limited

YTL Arena Limited, a wholly-owned subsidiary of YTL Property UK, is progressing well with the development of YTL Arena Bristol, situated at the Brabazon Hangars, Filton. The Arena will feature an exhibition and convention hall with 6,000 sqm of floor area, height clearance of 21 metres and dining capacity for 4,000, together with entertainment, film, television and music rehearsals. [7]

Ranhill Utilities Bhd

Ranhill Rugading Power Station in Kota Kinabalu, Sabah

In November 2023, YTL Power became the substantial shareholder of Ranhill Utilities Bhd (Ranhill), a company involved in three key segments, namely, environment, energy and engineering services. YTL Power acquired a 19% stake in Ranhill at an acquisition cost of RM 141 million, solidifying the company’s footprint in Johor, including its exclusive rights to Johor water supply and exposure to the Sabah power sector.[36] Subsequently, in May 2024, SIPP Power Sdn Bhd, which is 70% owned by YTL Power, acquired a 31.42% stake in Ranhill for RM 405.18 million. SIPP Power together with YTL Power will collectively own a 53.19% stake in Ranhill, becoming the major shareholder. This acquisition is a strategic fit for both parties as it would give YTL Power the access to exclusive Johor water operations allowing it to capitalise on prospects from the Johor-Singapore Special Economic Zone and potential demand from Johor’s data center hubs. Additionally, the synergistic expertise in water operations could drive further efficiency of Ranhill Utilities’ Johor water business.

Ranhill is the second-largest water supply operation in Malaysia and undertakes the exclusive rights of the entire water supply network in the State of Johor through its operating company, Ranhill SAJ Sdn Bhd. As of December 2023, it has been operating 46 water treatment plants state-wide with a total treatment capacity of 2,171 million litres daily.

Moreover, Ranhill has a presence in the Sabah power sector, operating two 190MW Combined Cycle Gas Turbine power plants in Kota Kinabalu. In February 2024, Ranhill achieved commercial operation date for their renewable energy (RE) sector through its 50MW large scale solar (LSS) plant in Bidor, Perak. Additionally, Ranhill is involved in multi-disciplinary engineering, procurement and construction management (EPCM), project management consultancy (PMC), operations and maintenance (O&M) services and consultancy services.

Ranhill has been listed on Bursa Malaysia since 16 December 2015 on the Main Market of the exchange under the Gas, Water and Multi-Utilities sub-sector of Utilities sector. As of June 2024, the market capitalisation of Ranhill is RM 2.14 billion.

As of December 2023, the financial highlights of Ranhill are as follows:

  • Revenue : RM 2.28 billion
  • EBITDA : RM 0.61 billion
  • Profit Before Tax : RM 0.15 billion
  • Profit After Tax  : RM 0.10 billion
  • Total Assets : RM 2.96 billion
  • Total Cash : RM 0.26 billion[citation needed]

PT Jawa Power & PT Jawa Timur – Indonesia

In 2004, YTL Power acquired a 35% stake in PT Jawa Power, the second largest IPP in Indonesia, which owns a 1,220MW coal-fired power plant located at the Paiton Power Generation Complex in East Java, Indonesia. Jawa Power has a 30-year PPA with PT PLN (Persero), the state-owned electric utility company. PT Jawa Timur, a wholly-owned subsidiary of YTL Power handles the operation and maintenance for PT Jawa Power.

Attarat Power Company (APCO) - Hashemite Kingdom of Jordan

YTL Power owns a 45% equity interest in Attarat Power Company (APCO), which owns and operates the 470MW (net) oil shale-fired mine-mouth power plant in Jordan, located at Attarat um Ghudran, about 100km southeast of Amman. The total project cost is approximately USD 2.1 billion. It is the largest private sector project in Jordan’s history and also the largest Chinese project financing for a project outside China covered by Sinosure. [37]

APCO has a 30-year power purchase agreement (PPA) with the National Electric Power Company (NEPCO), Jordan’s state-owned utility, for the entire electrical capacity and energy of the power plant, with an option for NEPCO to extend the power purchase agreement to 40 years (from the commercial operation date of the project’s second unit). [3][38]

The 470 MW power plant is the first to commercially utilise the indigenous oil shale resources, and its development is a key milestone in the Jordanian government’s goal of furthering its energy independence. The electricity generated from the power plant is expected to meet 15% of Jordan’s annual power demand.[39] The power plant commenced operations in 2023.

Renewable energy[edit]

In October 2023, YTL PowerSeraya committed to building an additional 4 megawatt-peak (MWp) photovoltaic (PV) system at the Pulau Seraya Power Station (PSPS) on Jurong Island. It is scheduled for completion in September 2024. This expansion to the operational 1MWp solar PV system that was built in 2019, will bring the total solar PV capacity at PSPS to 5MWp.[40]

See also[edit]

References[edit]

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  2. ^ 2. AR2023 YTL Corp Group. https://www.ytlesolutions.com/iims2/ytlcommunity/upload/financialreports/YTL%20Corporation%20Berhad_Annual%20Report%202023.pdf.
  3. ^ a b c d About YTL Power. https://www.ytlpowerinternational.com/. YTL power.
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  6. ^ The Edge YTL power biding its time. https://theedgemalaysia.com/article/ytl-power-biding-its-time
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  10. ^ Electra Net. https://www.businesstoday.com.my/2022/02/09/ytl-power-realise-rm2-2-billion-in-gains-from-stake-disposal-in-electranet/
  11. ^ AR2016 YTLPI. https://www.ytlesolutions.com/iims2/ytlcommunity/upload/financialreports/YTL%20Power%20International%20Berhad_Annual%20Report%202016.pdf
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  14. ^ Geneco-About us. https://www.geneco.sg/residential/our-legacy/
  15. ^ Tuaspring Acquisition. https://www.ytlpowerinternational.com/press-releases/ytl-power-completes-acquisition-of-tuaspring-power-station-in-singapore/
  16. ^ https://klse.i3investor.com/web/blog/detail/dragon328/2022-12-06-story-h-303952239-YTL_Power_the_Rising_Power_in_Singapore. Singapore Power Generation Market.
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  19. ^ "Things You Didn't know about 1BestariNet".
  20. ^ Chromebook, 4G. https://www.lowyat.net/2013/8365/yes-4g-announces-worlds-first-4g-google-chromebook-by-samsung/
  21. ^ YES alititude PR. https://www.ytl.com/shownews.asp?newsID=59
  22. ^ Yes 5G DNA. https://www.digitalnewsasia.com/business/yes-launches-its-5g-claims-first-ride-dnb-network.
  23. ^ YTL Comm Award. https://www.ytlpowerinternational.com/press-releases/ytl-communications-takes-home-multiple-awards-at-the-mcmc-star-rating-awards-and-soyacincau-awards/
  24. ^ Ookla recognisation- YES 5G. https://technave.com/gadget/Yes-5G-named-Malaysia-s-fastest-mobile-network-by-Ookla-33595.html
  25. ^ Ookla recognisation- YES 5G. https://technave.com/gadget/Yes-5G-named-Malaysia-s-fastest-mobile-network-by-Ookla-33595.html
  26. ^ https://soyacincau.com/2023/06/09/yes-5g-nvidia-geforce-now-officially-launches-in-malaysia-with-roadshow-in-bukit-bintang/. Yes 5G Nvdia Geforce Now.
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  29. ^ Data centers. https://ciotechasia.com/ytl-green-data-centre-park-launches-in-johor/.
  30. ^ YTL x Sea . https://www.mida.gov.my/media-release/ytl-data-centers-and-sea-break-ground-with-the-rm1-5bil-first-phase-of-the-500mw-ytl-green-data-center-park-in-johor/.
  31. ^ Nvdia x Data center. https://www.reuters.com/technology/nvidia-talks-with-malaysias-ytl-data-center-deal-sources-2023-12-08/
  32. ^ https://www.ytlaicloud.com/press-releases/ytl-creates-one-of-the-worlds-most-advanced-supercomputers-powered-by-nvidia-grace-blackwell-based-dgx-cloud/. YTL AI Cloud - Blackwell-based DGX Cloud.
  33. ^ PR - DC sentul. https://www.ytl.com/shownews.asp?newsID=4892&category=pressreleases.
  34. ^ YTL Digital Banking. https://technave.com/gadget/RHB-YTL-AEON-and-two-others-successfully-received-digital-bank-licences-by-Bank-Negara-Malaysia-29871.html.
  35. ^ https://www.bbc.com/news/uk-england-bristol-68434412. Brabazon revised plans for 6500 home.
  36. ^ Ranhill. https://ranhill.com.my/2023/11/01/ytl-power-emerges-as-substantial-shareholder-of-ranhill-utilities/
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  39. ^ APCO largest oil shale PP. https://www.zawya.com/en/business/worlds-largest-oil-shale-power-plant-in-jordan-near-completion-rh2avq61.
  40. ^ https://www.theedgesingapore.com/news/sustainability/ytl-powerseraya-expand-solar-capacity-jurong-island-plant-5mwp