YTL Cement
KUALA LUMPUR: YTL Cement Bhd will dispose of its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd
for a total consideration of RM5.158bil under an asset rationalisation and optimisation plan.
Under the agreement, Malayan Cement will acquire 12 companies involved in cement and ready-mixed concrete businesses, as well as YTL Cement’s marketing and plant management activities.
Already a subscriber? Log in.
Subscribe now for a chance to win your dream holiday!
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!
