Cementing the road to recovery

By GURMEET KAUR

YTL Cement

ABOUT two years after seeing the entry of YTL Cement Bhd as its major shareholder, Malayan Cement Bhd plans to buy 12 subsidiaries owned by the former for RM5.16bil.

These subsidiaries, involved in the cement and ready-mixed concrete business, are now housed under conglomerate YTL Corp Bhd.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

YTL Cement , Malayan Cement , acquisition , profitability ,

   

Report it to us.

Next In Business News
NCCIM urges govt to consider alternative measures on electricity surcharge hike
Ringgit ends slightly higher versus greenback after less hawkish remarks by Fed chairman
YGL Convergence's auditor resigns amid disagreement over fees
Ecomate seeks to transfer listing to Main Market
Crescendo buys 109.86-acres land in Johor for RM67.55mil
BAT Malaysia is optimistic on FY23
Downtrend continues on Bursa Malaysia
MAG implements a more targeted operating model, appoints new senior leadership team
Perodua January sales up 43.5% year-on-year
Hotels, retailers call for electricity tariffs moratorium

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.