YTL cements its position


  • Business
  • Saturday, 04 May 2019

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 fully value.

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