Hong Leong offers to take cement maker Tasek private


HL Cement said yesterday that except for the closing date, all other details and the terms and conditions of the offer, including the takeover offer price of RM5.50 a share, remained unchanged.

KUALA LUMPUR: The Hong Leong Group, controlled by Tan Sri  Quek Leng Chan, has offered to buyout minority shareholders in cement producer Tasek Corp Bhd for RM5.50 a share.

Shares in Tasek were last traded at RM5.05 on Tuesday. The offer values the company at RM666mil.

   

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