YTL gets nod to acquire remaining stake in Pahang Cement


  • Business
  • Thursday, 22 Jan 2004

YTL Cement Bhd has received the Securities Commission (SC) approval to acquire the remaining 50% stake in Pahang Cement Sdn Bhd not already owned by the company. 

“The acquisition is expected to generate opportunities for the group to further enhance its future earnings through the consolidation of revenue and earnings of Pahang Cement as a wholly-owned subsidiary,'' YTL Cement said in a statement. 

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