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

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

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

May 17, 2021  Malayan Cement’s acquisition of YTL Cement’s assets can bolster profitability Monday, 17 May 2021 04:30 PM MYT 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 ...

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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, MIDF Amanah Investment Bank Bhd (MIDF) said this ...

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

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

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

May 12, 2021  The new Malayan Cement shares and ICPS will be issued at RM3.75 per share/ICPS, which was also the price per share that YTL Cement paid for the acquisition of its 76.98% equity interest in Malayan Cement in 2019, which was premised on the potential synergies that would arise from the integration of businesses between the two groups.

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

May 12, 2021  The new Malayan Cement shares and ICPS will be issued at RM3.75 per share/ICPS, which was also the price per share that YTL Cement paid for the acquisition of its 76.98% equity interest in Malayan Cement in 2019, which was premised on the potential synergies that would arise from the integration of businesses between the two groups.

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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, MIDF Amanah Investment Bank Bhd (MIDF) said this ...

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

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

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

May 12, 2021  The new Malayan Cement shares and ICPS will be issued at RM3.75 per share/ICPS, which was also the price per share that YTL Cement paid for the acquisition of its 76.98% equity interest in Malayan Cement in 2019, which was premised on the potential synergies that would arise from the integration of businesses between the two groups.

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

May 17, 2021  Both the new shares and ICPS issuance will be issued at RM3.75, which was also the price per share that YTL Cement paid for the acquisition of its 76.98 per cent equity interest in Malayan Cement ...

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

May 17, 2021  To recap, Malayan Cement has announced an acquisition of 12 subsidiaries owned by YTL Cement for RM5.2 billion, to be satisfied via cash, issuance of

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Cementing the road to recovery The Star

May 22, 2021  Both the new shares and ICPS will be issued at RM3.75 -- the price YTL Cement had paid for the acquisition of its 76.98% equity interest in the company, then known as Lafarge Malaysia

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YTL Cement - Cement industry news from Global Cement

Oct 07, 2019  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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Announcement Details BIX

Jan 17, 2020  Following the recent acquisitions of Malayan Cement Berhad (previously known as Lafarge Malaysia Berhad) and Holcim Singapore Ltd, the Group's cement arm YTL Cement Berhad has emerged as the largest domestic cement producer, making up an estimated 60% of Peninsular Malaysia's cement manufacturing capacity.

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YTL cements its position KLSE Screener

May 04, 2019  YTL cements its position. YTL Corp Bhd ’s acquisition of a 51% controlling stake in Lafarge Malaysia Bhd has lit up an otherwise dreary merger and acquisition scene in Malaysia. The RM1.6bil deal is also illustrative of the fact that strategic investors à la the YTL group see longer-term value in assets that public markets do not necessarily ...

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YTL Corporation Berhad - YTL Cement Berhad Undertakes ...

May 12, 2021  YTL Cement’s shareholding in Malayan Cement is expected to increase to approximately 78.58% (from 76.98% currently) upon completion of the proposed transaction and the ongoing private placement of up to 85 million new Malayan Cement shares announced on 15 April 2021, assuming no conversion of the ICPS to be issued.

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Malayan Cement extends gains on proposed consolidation of ...

May 18, 2021  KUALA LUMPUR (May 18): Shares in Malayan Cement Bhd extended gains today as investors continued to digest its related-party acquisition of YTL Corp Bhd’s Malaysian cement and ready-mixed concrete business under YTL Cement Bhd.Shares in Malayan Cement rose as much as 20 sen or 6.92% this morning before paring gains, but were still up 15 sen or 5.19% at RM3.04 at the

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MCEMENT (3794): MALAYAN CEMENT BERHAD - Corporate

After all in the MCement announced deal to take over YTL Cement's cement and ready-mixed concrete biz for RM5.16b, the new MCement shares and preference shares are to be issued at RM3.75. RM3.75 per share incidentally is also the price YTL Cement paid for the acquisition of its 76.98% equity interest in Lafarge MCement way back in 2019.

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

May 02, 2019  Shares of YTL Corporation rose 4.4% to 1.18 ringgit on Thursday, while Lafarge Malaysia surged close to 13% to 3.72 ringgit on the Malaysian stock exchange. The benchmark FTSE Bursa Malaysia ...

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YTL CORPORATION BERHAD (“YTL CORP” OR “COMPANY”)

1 ytl corporation berhad (“ytl corp” or “company”) (i) proposed acquisition of 433,344,693 ordinary shares in lafarge malaysia berhad (“lmb”) (ordinary shares in lmb shall be referred to as “lmb shares”), representing approximately 51.0% equity interest in lmb, (“sale shares”) by ytl cement berhad (“ytl cement”), a subsidiary of ytl

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

May 12, 2021  The new Malayan Cement shares and ICPS will be issued at RM3.75 per share/ICPS, which was also the price per share that YTL Cement paid for the acquisition of its 76.98% equity interest in Malayan Cement in 2019, which was premised on the potential synergies that would arise from the integration of businesses between the two groups.

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

May 12, 2021  The new Malayan Cement shares and ICPS will be issued at RM3.75 per share/ICPS, which was also the price per share that YTL Cement paid for the acquisition of its 76.98% equity interest in Malayan Cement in 2019, which was premised on the potential synergies that would arise from the integration of businesses between the two groups.

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YTL Cement’s natural progression The Star

May 13, 2021  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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YTL Corp, Malayan Cement up on proposed RM5.16b deal The ...

May 17, 2021  Last week, YTL Corp announced the proposed transfer of its entire cement and ready-mixed concrete businesses in Malaysia to Malayan Cement in a RM5.16 billion cash and share deal. At the time of writing, Malayan Cement’s share price was trading four sen or 1.43% higher at RM2.84 while YTL Corp was up half a sen or 0.73% at 69 sen.

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Acquisition - Cement industry news from Global Cement

May 12, 2021  Malayan Cement to acquire YTL Cement’s Malaysian cement and ready-mix concrete operations 14 May 2021 Malaysia: Malayan Cement has agreed to acquire YTL Cement’s cement and ready-mix concrete operations in Malaysia. MarketLine News has reported the value of the deal as US$1.25bn. ... (ICG), plans to acquire US$16.3m-worth of cement assets ...

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YTL Cement’s natural progression KLSE Screener

May 13, 2021  KUALA LUMPUR: YTL Cement Bhd will dispose of its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd for a total consideration of RM5.158bil under an asset rationalisation and optimisation plan.. Under the agreement, Malayan Cement will acquire 12 companies involved in cement and ready-mixed concrete businesses, as well as YTL Cement’s

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Cementing the road to recovery KLSE Screener

May 22, 2021  Both the new shares and ICPS will be issued at RM3.75 -- the price YTL Cement had paid for the acquisition of its 76.98% equity interest in the company, then known as Lafarge Malaysia Bhd, in 2019. The transaction is conditional upon the completion of Malayan Cement’s recent private placement and needs shareholders’ approval at an ...

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MALAYAN CEMENT BERHAD - YTL Cement Building Together

Oct 30, 2020  malayan cement berhad [company no. 195001000048 (1877-t)] (incorporated in malaysia) part a statement to shareholders in relation to proposed renewal of share buy-back authority part b circular to shareholders in relation to t he proposed renewal of shareholder mandate for recurrent related party transactions of a revenue or trading nature

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Announcement Details BIX

Jan 17, 2020  Following the recent acquisitions of Malayan Cement Berhad (previously known as Lafarge Malaysia Berhad) and Holcim Singapore Ltd, the Group's cement arm YTL Cement Berhad has emerged as the largest domestic cement producer, making up an estimated 60% of Peninsular Malaysia's cement manufacturing capacity.

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malaysia cement TOTAL 6 COMPANIES!

May 14, 2021  Following the acquisition, YTL Cement was also required to extend the offer to the rest of the shareholders of Malayan Cement to buy the remaining 416.35 million shares at the same price. The mandatory offer, which closed on June 13, saw 220.72 million shares accepted, with YTL Cement holding a 77% stake in Malayan Cement.

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YTL cements its position - PressReader

May 04, 2019  Upon the completion of the deal, YTL Cement has to extend an unconditio­nal mandatory takeover offer for the remaining 49% stake in Lafarge Malaysia that it does not own. However, considerin­g that YTL Cement intends to keep Lafarge Malaysia listed indicates that it could be the vehicle to park its cement assets.

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Malayan Cement to raise RM226.95m via proposed share ...

Apr 15, 2021  KUALA LUMPUR, April 15 — Malayan Cement Bhd is expected to raise RM226.95 million mainly to repay bank borrowings via a proposed placement of up to 85 million shares, representing 10 per cent of the company’s issued shares as at April 14, 2021. The total fund is based on the illustrative issue price of RM2.67 per placement share, it said.

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YTL Cement acquires bigger stake in Perak-Hanjoong

Nov 08, 2004  YTL Cement managing director Tan Sri Francis Yeoh Sock Ping said this will enable YTL Cement to consolidate the earnings and control the management and operations of Perak-Hanjoong (reports The Business Times, Malaysia). "These acquisitions will enable YTL Cement to expand our presence nationwide as well as augment the group’s access to new ...

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