I asked Google's NotebookLM the question "Why does the EPF keep buying the shares of YTL and YTL Power?"...
NotebookLM generated the following text,
"These reports detail the strategic expansion and financial performance of YTL Power International, highlighting its significant transition into artificial intelligence and digital infrastructure. The company has successfully launched Ilmu, Malaysia's first indigenous large language model, and completed a high-tech data centre in Johor powered by Nvidia technology. Financial analysts maintain a positive outlook, noting that the Employees Provident Fund has consistently increased its stake in the firm to over 10% as a sign of institutional confidence. Beyond technology, the group continues to see robust earnings from its traditional utility assets in Singapore and the United Kingdom, alongside new ventures into digital banking. Furthermore, the parent company, YTL Corp, is actively optimizing its portfolio by divesting portions of its cement business and eyeing new acquisitions in the hospitality sector. Collectively, the sources portray a diversified conglomerate successfully pivoting towards sovereign AI and sustainable long-term growth."
and these slides,
