KL-Singapore high speed train will happen: YTL

The much-anticipated KL-Singapore high speed train (HSR) project will remain on the pipeline according to YTL Corp. Managing Director Tan Sri Francis Yeoh Sock Ping.

“(The project is) part of the government’s manifesto and so far the government has been good in carrying out whatever has been set in the manifesto,” noted Yeoh, highlighting a positive outlook on the government’s transparency efforts.

“”The KL-Singapore high speed train will happen, as it is part of the government’s manifesto and so far the government has been good in carrying out whatever has been set in the manifesto,” he said yesterday at the sidelines of Invest Malaysia 2013.

Meanwhile, when asked to comment on the privatisation of some of the group’s subsidiaries, Yeoh said that he wants to own a lot (more stakes) in them.

“The cash flow and profit from my subsidiaries are tremendous and like any other investor, I would love to invest more in my own companies,” he explained.

The company’s subsidiaries include YTL Cement, YTL Power International, YTL Land & Development and YTL Hotels.