YTL talks with India's NSL Group to acquire 49% in energy unit


Recently YTL Group managing director Tan Sri Francis Yeoh (pic) came under fire from various quarters for his remarks on Malaysia

PETALING JAYA: YTL Corp Bhd is said to be in talks with India’s NSL Group to acquire up to a 49% stake in NSL Orissa Power and Infratech, a company with the mandate to build and operate a thermal power plant.

“The talks are now in an advanced stage and due diligence process is currently going on,” the Economics Times quoted sources as saying.

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Business , Corporate News , YTL Corp

   

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