YTL Cement issues offer document for CEPCO takeover offer


KUALA LUMPUR: YTL Cement Bhd today issued the offer document in relation to its unconditional mandatory takeover offer for the remaining shares it does not own in Concrete Engineering Products Bhd (CEPCO), giving the first closing date of the offer as May 13 at 5 pm.

The cash offer of RM2.60 per share follows its acquisition of 53.49 per cent equity interest in the producer of prestressed spun concrete piles and poles for RM103.79 million.

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YTL Cement , CEPCO , Takeover , Corporate

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