Successful entreprenuer
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Title: Successful entreprenuer

Essay Details:

Subject: Miscellaneous
Author: Candace P
Date: May 8, 2012
Level:
Grade: A
Length: 2 / 495

Essay text:

In the international arena YTL Corporation plans to bid on overseas construction project and to expand into hotel development. According to Dato' Francis Yeoh himself, YTL Group investment decisions is to always focus on their core business. At YTL, their strength is in construction therefore their investment will only be in construction-based activity. This is important as it provide YTL Corporation with a head start for lower cost strategies. Because of their construction capability, they are able to build its power plants at a comparatively lower cost. And when one's capital cost is lower, it will naturally need to gear less and hence YTL Corporation incur lower interest costs and depreciation costs, which in turn makes the power concession more profitable...

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