malayan cement to acquire ytl cement’s malaysian cement
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malayan cement to acquire ytl cement’s malaysian cement .

Malayan Cement to acquire YTL Cement’s Malaysian cement ...

May 14, 2021  Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has

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Malayan Cement to acquire YTL Cement’s Malaysian cement ...

May 14, 2021  Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has

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Malayan Cement Berhad (MCB) To Acquire Strategic Assets ...

Jun 11, 2021  KUALA LUMPUR, 12 May 2021 — Today, Malayan Cement Berhad (MCB) entered into an agreement with its parent company YTL Cement Berhad, a subsidiary of YTL Corporation Berhad, for the purchase of its entire cement and ready-mixed concrete operations in Malaysia for a total consideration of RM5.158 billion.

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YTL Cement to consolidate Malaysian cement businesses

May 13, 2021  YTL Cement to consolidate Malaysian cement businesses. 13 May 2021. YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25bn) cash and stock deal. The deal will see Malayan Cement acquire 12 companies from YTL Cement.

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Malayan Cement to acquire YTL Cement’s Malaysian cement ...

May 14, 2021  Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has

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YTL Cement to consolidate Malaysian cement businesses

May 13, 2021  YTL Cement to consolidate Malaysian cement businesses. 13 May 2021. YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25bn) cash and stock deal. The deal will see Malayan Cement acquire 12 companies from YTL Cement.

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YTL Cement sells cement, concrete operations to Malayan ...

YTL Cement Bhd, a subsidiary of YTL Corp Bhd, has entered into an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd, for RM5.16 billion. YTL Cement said under the agreement, Malayan Cement will acquire 12 companies under YTL Cement. It said the total RM5.15 billion, []

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Malayan Cement's minority shareholders approve acquisition ...

Aug 30, 2021  KUALA LUMPUR (Aug 30): Malayan Cement Bhd received shareholders' approval today to proceed with the acquisition of YTL Cement Bhd's entire cement and ready-mixed concrete operations in Malaysia ...

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Malayan Cement acquires YTL Cement's operations in Malaysia

May 25, 2021  Malayan Cement acquires YTL Cement's operations in Malaysia. Published on: 25 May 2021. The agreement was sealed for MYR 5.16 billion. ..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register.

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Malaysian Cement To Purchase YTL Cement For RM5.158 ...

May 13, 2021  May 13, 2021. Malayan Cement Berhad entered into an agreement with its parent company YTL Cement Berhad, a subsidiary of YTL Corporation Berhad, for the purchase of its entire cement and ready-mixed concrete operations in Malaysia for a total consideration of RM5.158 billion. Under the agreement, MCB will acquire 12 companies involved in cement ...

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Research houses positive on Malayan Cement’s proposed ...

PETALING JAYA: Malayan Cement Bhd’s proposal to acquire YTL Cement Bhd’s profitable domestic operations for RM5.2 billion is an earnings-accretive exercise that will immediately enhance ...

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Malayan Cement - Cement industry news from Global Cement

Oct 09, 2019  Malaysia: Malayan Cement has appointed Ho Say Keng as its company secretary. Serene Lee Huey Fei and Koh Poi San have resigned from the post. Ho Say Keng is the company secretary/accountant of the YTL Corporation Group, YTL Power Group, YTL Land Development Group and YTL Cement Group.

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YTL Cement - Cement industry news from Global Cement

Jul 05, 2021  Malaysia: YTL Cement has increased its shareholding in Lafarge Malaysia to 76.98% following the conclusion of a mandatory general offer (MGO). In a bourse filing, Maybank Investment Bank said the MGO had been concluded at the close of business on 14 June 2019, with YTL Cement acquiring an additional 220.72 million shares, or 25.98% of Lafarge Malaysia, for US$198m.

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YTL to buy Malaysia's biggest cement producer - Nikkei Asia

May 02, 2019  KUALA LUMPUR (Nikkei Markets) -- Malaysian utilities-to-hotel conglomerate YTL Corporation said Thursday it plans to acquire a controlling

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Malayan Cement - A Natural Progression - Affin Hwang ...

May 17, 2021  Malayan Cement - A Natural Progression. Malayan Cement (MCEMENT) has proposed to acquire YTL Cement’s cement and ready-mixed concrete business in Malaysia for a total purchase consideration of RM5.16bn, payable by a combination of cash, issuance of new shares and irredeemable convertible preference shares (ICPS) We are neutral on the deal as ...

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YTL buys rival Lafarge Malaysia The Star

YTL buys rival Lafarge Malaysia. PETALING JAYA: In a corporate move that will see further consolidation of the local cement industry, YTL Corp Bhd has sealed a

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Malaysia - Cement industry news from Global Cement

May 14, 2021  Malaysia: Buddhist monks at the Dhamma Sakyamuni Caves Monastery have filed a petition to the state government of Perak to have the site recognised as a place of worship and the local Mount Kanthan area approved as a national heritage site. Mongabay has reported that the caves lie in YTL Cement’s Mount Kanthan quarry. The religious site is located on the still unquarried southern

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YTL Corp buys 51% stake in Lafarge for RM1.6b, extends ...

May 02, 2019  YTL Corp Bhd said its unit has proposed the acquisition of a 51% stake in Lafarge Malaysia Bhd for RM1.63 billion or RM3.75 per share. In a filing today, the group said YTL Cement Bhd plans to buy the stake, comprising 433.24 million shares, from Associated International Cement Ltd.

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Malayan Cement to acquire YTL Cement’s Malaysian cement ...

May 14, 2021  Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has

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YTL Cement to consolidate Malaysian cement businesses

May 13, 2021  YTL Cement to consolidate Malaysian cement businesses. 13 May 2021. YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25bn) cash and stock deal. The deal will see Malayan Cement acquire 12 companies from YTL Cement.

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Malayan Cement's minority shareholders approve acquisition ...

Aug 30, 2021  KUALA LUMPUR (Aug 30): Malayan Cement Bhd received shareholders' approval today to proceed with the acquisition of YTL Cement Bhd's entire cement and ready-mixed concrete operations in Malaysia ...

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Malayan Cement to take over YTL Cement's cement and ready ...

May 12, 2021  KUALA LUMPUR (May 12): YTL Cement Bhd, a subsidiary of YTL Corp Bhd, today inked an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its 76.98%-owned subsidiary Malayan Cement Bhd, for RM5.16 billion in a cash and stock deal.Under the agreement, Malayan Cement will acquire 12 companies under YTL Cement. All of these companies

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Malayan Cement buys YTL's cement biz for RM5.16b The Star

May 12, 2021  Malayan Cement will acquire 12 companies involved in cement and ready-mixed concrete businesses, as well as marketing and plant management activities from its parent YTL Cement.

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Malaysian Cement To Purchase YTL Cement For RM5.158 ...

May 13, 2021  May 13, 2021. Malayan Cement Berhad entered into an agreement with its parent company YTL Cement Berhad, a subsidiary of YTL Corporation Berhad, for the purchase of its entire cement and ready-mixed concrete operations in Malaysia for a total consideration of RM5.158 billion. Under the agreement, MCB will acquire 12 companies involved in cement ...

Get Price

Malayan Cement’s acquisition of YTL Cement’s assets can ...

May 17, 2021  KUALA LUMPUR, May 17 — The Malayan Cement Bhd’s proposed acquisition of 12 companies involved in cement and ready-mixed concrete businesses in Malaysia for RM5.16 billion from its parent company, YTL Cement Bhd, can potentially bolster the company’s profitability. In a research note today,...

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Malayan Cement to take over YTL Cement's cement and ready ...

May 12, 2021  Under the agreement, Malayan Cement will acquire 12 companies under YTL Cement. All of these companies have an established track record of operational profit, YTL Cement said in a statement. Of the total consideration, which YTL Cement said is still subject to adjustments at the point of completion, RM2 billion will be settled in cash.

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Research houses positive on Malayan Cement’s proposed ...

PETALING JAYA: Malayan Cement Bhd’s proposal to acquire YTL Cement Bhd’s profitable domestic operations for RM5.2 billion is an earnings-accretive exercise that will immediately enhance ...

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YTL buys rival Lafarge Malaysia The Star

YTL buys rival Lafarge Malaysia. PETALING JAYA: In a corporate move that will see further consolidation of the local cement industry, YTL Corp Bhd has sealed a

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Malayan Cement gets shareholders’ nod on YTL Cement ...

Aug 31, 2021  Malayan Cement gets shareholders’ nod on YTL Cement. August 31, 2021 - by admin. PETALING JAYA: Malayan Cement Bhd has received its shareholders’ approval to proceed with the acquisition of YTL Cement Bhd’s entire cement and ready-mixed concrete operations in Malaysia for a total consideration of RM5.2bil. The approval was given at an EGM ...

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YTL Corporation Berhad - Malayan Cement gets approval for ...

Jan 24, 2020  All in, YTL Cement spent RM2.46 billion on the deal. The acquisition, completed in June, made YTL Group the country’s largest cement maker today. Malayan Cement closed nine sen or 2.62% lower at RM3.35 yesterday, with a market capitalisation of RM2.85 billion. The stock has gained 84.07% from 12 months ago.

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New powerhouse after Malayan Cement’s earnings accretive ...

May 17, 2021  Post-exercise, analysts say Malayan Cement would command an estimated 60 to 65 per cent of cement production in Peninsular Malaysia. The

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Malayan Cement - A Natural Progression - Affin Hwang ...

May 17, 2021  Malayan Cement - A Natural Progression. Malayan Cement (MCEMENT) has proposed to acquire YTL Cement’s cement and ready-mixed concrete business in Malaysia for a total purchase consideration of RM5.16bn, payable by a combination of cash, issuance of new shares and irredeemable convertible preference shares (ICPS) We are neutral on the deal as ...

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