YTL offer drives SCIB share activity higher

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) emerged as one of the most active stocks in early trading on Friday, drawing strong buying interest.

The activity followed an offer from YTL Cement (Sarawak) Sdn Bhd to acquire 100 per cent of SCIB’s wholly owned subsidiary, SCIB Concrete Manufacturing Sdn Bhd, for RM113 million.

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Sarawak Consolidated Industries , SCIB , YTL , offer , acquisition , most active , Bursa Malaysia

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