PETALING JAYA: YTL Cement Bhd’s wholly-owned subsidiary YTL Cement Singapore Pte has submitted an offer to Holcim Singapore to purchase Holcim Singapore’s entire equity stake in Jurong Cement Ltd at S$2.50 per share.
In a filing with Bursa Malaysia yesterday, YTL Cement said offer was for 24,760,663 ordinary shares in Jurong Cement, representing 55.87% of the total issued and paid-up share capital of Jurong Cement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!