♦ Acquiring 35.16% stake in Perak-Hanjoong Simen. YTL Cement has
proposed to acquire the remaining 35.16% equity interest in Perak-
Hanjoong for RM200m from Gopeng Bhd. Perak-Hanjoong is the second
largest integrated cement producer in Malaysia and operates two plants
located in Padang Rengas, Perak. It has a capacity of 3m metric tonnes per
annum for clinker and 3.4m metric tonnes per annum for cement. It also
has a cement depot and packing plant near Batu Caves, Selangor with an
annual capacity of 0.6m metric tonnes.
YTL Cement Berhad : Acquiring Remaining 35.16% Stake in Perak- Hanjoong Simen For RM200m - 27/09/2010
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