malayan cement’s acquisition of ytl cement’s assets can

specializing in the production of large, medium and small concrete mixers, concrete mixing stations, stabilized soil mixing stations and other equipment. It is a heavy industry enterprise integrating R & production and sales.

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

2021-5-17  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.

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

2021-5-17  Malayan Cement, YTL Cement, MIDF Research, AmInvestment Bank, CGS-CIMB, outlook, recommendation, target price, fair value

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

2021-5-17  Malayan Cement's acquisition of YTL Cement's assets can bolster profitability

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Malayan Cement Berhad (MCB) To Acquire Strategic

2021-6-11  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

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Malayan Cement's minority shareholders approve

2021-8-30  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 for RM5.16 billion.

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Malayan Cement's minority shareholders approve

2021-8-30  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 for RM5.16 billion."We are extremely grateful for the steadfast support from our minority shareholders of Malayan Cement throughout this process, which has seen them endorse our long

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Malayan Cement's minority shareholders approve

2021-8-30  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

2021-5-12  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 have an

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New powerhouse after Malayan Cement’s earnings

2021-5-17  New powerhouse after Malayan Cement’s earnings accretive acquisition. Post-exercise, Malayan Cement would command an estimated 60 to 65 per cent of cement

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  YTL Cement’s shareholding in Malayan Cement is expected to increase to approximately 78.58% upon completion of the proposed transaction and the ongoing private placement of up to 85 million new Malayan Cement shares announced on April

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Malayan Cement Berhad (MCB) To Acquire Strategic

2021-6-11  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

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Malayan Cement's minority shareholders approve

2021-8-30  Malayan Cement's minority shareholders approve acquisition of YTL's cement ops. 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 for RM5.16 billion. "We are extremely grateful for the steadfast support ...

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Malayan Cement's minority shareholders approve

2021-8-30  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 for RM5.16 billion."We are extremely grateful for the steadfast support from our minority shareholders of Malayan Cement throughout this process, which has seen them endorse our long

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  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 have an

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  Malayan Cement to take over YTL Cement's cement and ready-mixed concrete biz in RM5.16b asset rationalisation deal - A + A 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 ...

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Malayan Cement gets shareholders’ nod on YTL Cement

2021-8-31  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 yesterday. The total consideration of RM5.2bil which is subject to adjustments at point of completion, will be settled via

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New powerhouse after Malayan Cement’s earnings

2021-5-17  New powerhouse after Malayan Cement’s earnings accretive acquisition. Post-exercise, Malayan Cement would command an estimated 60 to 65 per cent of cement

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  YTL Cement’s shareholding in Malayan Cement is expected to increase to approximately 78.58% upon completion of the proposed transaction and the ongoing private placement of up to 85 million new Malayan Cement shares announced on April

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YTL Corp, Malayan Cement up on proposed RM5.16b deal

2021-5-17  Last week, YTL Corp announced the proposed transfer of its entire cement and ready-mixed concrete businesses in Malaysia to Malayan Cement in a

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YTL Cement’s natural progression The Star

2021-5-13  YTL Cement’s shareholding in Malayan Cement will increase to 78.58% from 76.98% currently upon completion of the proposed transaction and the ongoing private placement of

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  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 have an

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Malayan Cement gets shareholders’ nod on YTL Cement

2021-8-31  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 yesterday. The total consideration of RM5.2bil which is subject to adjustments at point of completion, will be settled via

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Malayan Cement to take over YTL Cement's cement and

2021-5-12  Malayan Cement to take over YTL Cement's cement and ready-mixed concrete biz in RM5.16b asset rationalisation deal - A + A 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 ...

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

2021-5-17  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 Malayan

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CIMB: Malayan Cement Bhd – ADD TP RM3.28 (Previous

2021-9-9  Following the extraordinary general meeting (EGM) on 30 Aug, MCement received shareholders’ approval to proceed with the RM5.2bn acquisition of YTL Cement’s operations in Malaysia. Recall that the deal will be satisfied via: 1) M2bn cash, 2) RM1.4bn worth of new MCement shares at RM3.75/share, and 3) RM1.8bn worth of ICPS at RM3.75/share.

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YTL Cement - Cement industry news from Global Cement

2021-7-5  YTL Cement is part of YTL Corporation, a Malaysian infrastructure conglomerate, which is active in cement production, construction, property development and utilities. The deal is expected to be completed within the second quarter of 2019. It is subject to approval by regulatory bodies. Published in Global Cement News.

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An acquisition exercise that awakens the sleeping dragon ...

2021-5-17  An acquisition exercise that awakens the sleeping dragon in MCement. THE purported RM5.2 bil move by Malayan Cement Bhd to acquire 12 subsidiaries owned by YTL Cement Bhd has been hailed as long-term positive to facilitate further extraction of cost synergies. According to Hong Leong Investment Bank (HLIB) Research, the exercise allows YTL to ...

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Malayan Cement holding steady despite subdued cement

2021-9-9  MALAYAN Cement Bhd can expect a sustainable earnings turnaround beyond FY6/2021 premised on its continuous focus on cost efficiency and demand upsurge from resumption of construction activities, in particular revival of mega infrastructure projects. Operational synergies and higher demand for cement and clinker demand aside, MIDF Research said the company will also benefit from the []

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Announcement Details BIX

2021-4-8  As a pivotal and wholly owned subsidiary of Bursa Malaysia-listed Malayan Cement Berhad (formerly Lafarge Malaysia Berhad), Kedah Cement's credit profile reflects that of its parent. Following YTL Cement Berhad's acquisition of a 77% stake in Malayan Cement in May 2019, the operations of both entities have been integrated to unlock the ...

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Acquisition - Cement industry news from Global Cement

2021-5-12  Italy: Taiwan-based Taiwan cement has agreed to acquire Engie’s 60% stake in battery and hydrogen power systems supplier Engie EPS. The aggregate value of the deal is Euro132m. The producer expects to close the deal in mid-late 2021, whereupon it will launch an all-cash mandatory tender offer for the company’s remaining shares.

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