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Tuesday, March 9, 2010

YTL to enter into ski resort business

YTL Corp Bhd is entering into an agreement with several parties which will ultimately see the company participating in one of Japan’s finest ski resort destination.

The conglomerate, through its wholly-owned subsidiary, YTL Hotels & Properties Sdn Bhd, will acquire 496,184 shares, representing 100 per cent of the equity interest in Niseko Village from PC One YK (PC One), a Japanese limited liability company.

By Bernama

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