KUALA LUMPUR: CIMB Equities Research expects Yeoh Tiong Lay & Sons Sdn Bhd, which owns 50% stake in YTL Corp, to receive at least RM540mil a year in dividends.
It said on Wednesday YTL’s dividend story has been talked about previously but it is now being put into practice to further support it as one of its top picks.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!