Mergers & Acquisitions YTL acquires balance of Perak-Hanjoong Simen 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email MOST READ Volume & Pricing Albanian cement demand rises Construction sector fuels spike in material imports April 18, 2025 Volume & Pricing Colombian cement market contracts in February 2025 Demand weakens amid regional market fluctuations April 18, 2025 YTL acquires balance of Perak-Hanjoong Simen Malaysian cement maker purchases remaining 35.16% from Gopeng for RM 200 mm. {reg}Malaysia's YTL Cement says it has agreed to purchase 35.16% of Perak-Hanjoong Simen from Gopeng for RM200 mm, a report from the Business Times said. YTL currently owned 64.84% of equity interest in Perak-Hanjoong and upon completion of the proposed acquisition, the latter will become its wholly-owned subsidiary.Perak-Hanjoong is principally involved in the manufacture and sale of clinkers, ordinary Portland cement and blended cement, with products marketed under trade names of "Orang Kuat", Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline
