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Ytl Cement Acquires Bigger Stake In Perakhanjoong

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Ytl Cement Acquires Bigger Stake In Perakhanjoong

YTL Cement Bhd is acquiring an additional 3274 per cent stake in PerakHanjoong Simen Sdn Bhd for a total cash consideration of RM1097 million from Danaharta Managers Sdn Bhd This is on top of the sale and purchase agreement it signed with Doosan Heavy Industries Construction Co Ltd DHI of South Korea last July to acquire a 3210 per cent stake in PerakHanjoong for a total cash

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