YTL Industries offers to acquire YTL Cement


KUALA LUMPUR: YTL Industries Bhd, a wholly-owned subsidiary of YTL Corp Bhd, has made a conditional share exchange offer to acquire the entire equity interest and all outstanding irredeemable convertible unsecured loan stocks in YTL Cement Bhd.

The offer would be through the issuance of ordinary shares of 10 sen each in YTL Corp at an issue price of RM1.42 each.

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