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Skellett 'shock' at YTL success.
(From The Express)
Byline: Mark Watts
THEWessex Water executive at the centre of a GBP1million bribe investigation has said he was as surprised as anyone that YTL Power of Malaysia won the bid battle for his company.
The City of London police last week arrested Colin Skellett, 57, on suspicion of taking a GBP1million bribe from YTL to push the deal the group's way.
But in an exclusive interview with the Financial Sunday Express Skellett, chairman and chief executive of the water group, claimed he had expected the Royal Bank of Scotland to succeed in its bid for Wessex, which was being sold by the collapsed US energy giant Enron.
He said he even had a ...
- YTL Power will purchase Enron's British water unit.
- News wire article from: Australasian Business Intelligence March 28, 2002 700+ words
...Abbey National and the Royal Bank of Scotland. YTL Power also has a 33...WESSEX WATER PLC: YTL POWER INTERNATIONAL BHD: ABBEY NATIONAL PLC: ROYAL BANK OF SCOTLAND GROUP PLC...ENRON CORPORATION: YTL CORPORATION BHD: TENAGA...
- Wessex Water bankers defend sale to YTL.
- Newspaper article from: Financial News August 23, 2002 700+ words
...Salomon Smith Barney said the YTL was the best bid in terms...the decision to accept the YTL offer was made by the board...the knowledge of Skellett. YTL snatched the company from under the noses of the Royal Bank of Scotland, Hutchison Whampoa...
- YTL powers in for Wessex Water.
- Newspaper article from: The Daily Mail (London, England) March 26, 2002 700+ words
WESSEX Water has been sold to Malaysia's YTL Power for [pound]1,239.5m including debt. YTL beat off Royal Bank of Scotland and other bidders. It has energy interests in Malaysia and Australia and...
- RAM SAYS RATINGS OF MALAYSIA'S YTL LAND REMAIN INTACT.
- News wire article from: AsiaPulse News November 27, 2002 700+ words
...Pulse - Rating Agency Malaysia (RAM) said YTL Land Sdn Bhd's enhanced ratings of P1...RAM had assigned the enhanced ratings to YTL Land's RM500 million Commercial Papers...irrevocable and unconditional guarantee from YTL Corporation Berhad (YTL Corp) (KLSE...
- RAM ASSIGNS RATINGS TO PROPOSED CP/MTN OF MALAYSIA'S YTL LAND.
- News wire article from: AsiaPulse News September 16, 2002 700+ words
...Commercial Papers/Medium-Term Notes (CP/MTN) of YTL Land Sdn Bhd. The credit enhancements to the ratings...on the irrevocable and unconditional guarantee from YTL Land's parent company, YTL Corporation Berhad (KLSE:YTLS), RAM said in a...
- AmResearch revises call on YTL Power stock
- Newspaper article from: New Straits Times Zuraimi Abdullah September 5, 2009 700+ words
...09-05-2009 AmResearch revises call on YTL Power stock Byline: Zuraimi Abdullah Edition...Section: Business Times Type: Company YTL Power International Bhd has been downgraded...details have been revealed yet, we note that YTL Power's capex (capital expenditure...
- MALAYSIA'S YTL CORP SETS UP E-SOLUTIONS SUBSIDIARY.
- News wire article from: AsiaPulse News May 9, 2000 700+ words
KUALA LUMPUR, May 9 Asia Pulse - YTL Corporation Bhd (KLSE:YTLS) announced that it has established YTL e-Solutions Sdn Bhd to spearhead acquisitions...Monday. This wholly-owned subsidiary of YTL Corp, with an initial capital of RM300 million...
- McBride Returns To YTL.
- Magazine article from: Hotels September 1, 2009 700+ words
...was leaving The Ritz-Carlton Kuala Lumpur and the YTL family, he and YTL Hotels Executive Director Dato' Mark Yeoh had the obligatory...last November to start discussions about the future of YTL Hotels, McBride says he knew the time had come...
