[MCEMENT] Acquisitions on 21-Sep-2021
Announcement Date
21-Sep-2021
Listing Date
22-Sep-2021
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION BY MCB OF THE ENTIRE EQUITY INTEREST OF 10 COMPANIES AND THEIR RESPECTIVE SUBSIDIARIES WHICH ARE INVOLVED IN CEMENT AND READY-MIXED CONCRETE BUSINESSES IN MALAYSIA FROM YTL CEMENT BERHAD FOR A TOTAL CONSIDERATION OF RM5,158 MILLION, SUBJECT TO ADJUSTMENTS
No. of shared issued
375,506,174
Issue Price
Malaysian Ringgit (MYR) 3.750
Par Value
0.000
Total NOSH
1,310,201,650
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