Last Laugh

Nguyen, Lan Anh
June 2009
Forbes Asia;6/8/2009, Vol. 5 Issue 10, p52
The article offers information Malaysian businessman Francis Yeoh, head of YTL Corp. As reported, Yeoh faced a lot of difficulties when the equity markets were high, as he lost a lot of work to his rivals. He did not invest in assets that were two or three times the market value and waited till the time when the markets collapsed. Since the time when financial crisis started, YTL signed a lot of business deals and acquisitions and the company still has $2.8 billion in cash.


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