◂ Announcements

Jul 24, 2024ACQUISITIONSingapore

YTL Cement to acquire 81.24% stake in NSL for MYR792M

Malaysian cement producer YTL Cement has agreed to acquire an 81.24% stake in Singapore-based NSL for MYR792 million (US$169.5 million). NSL produces precast concrete components in Malaysia and Dubai.

Value

$169.5M (792.0M MYR)

Status

Announced

Productsprecast concrete components

CompaniesNSL target YTL Cement Group acquirer

Sectors#Construction Materials

“The move is seen as a chance for YTL to expand into the industrialised building systems’ sectors in Malaysia, Dubai, Finland and Singapore.”cemnet.com

1 source
cemnet.comYTL Cement to acquire NSL | CemNetSuzanne StarbuckJul 24, 2024

Summarized from public sources; check the original articles before acting on it.

More from NSL

profile ▸

Aug 2, 2022ACQUISITIONSingapore
YTL Cement completes acquisition of NSL Ltd
NSL target YTL Cement Berhad acquirer ytlcement.my
Nov 7, 2016ACQUISITIONFrance$115.0M
Saint-Gobain acquires France Pare-Brise and E-Mix
Saint-Gobain acquirer E-Mix target capitalfinance.lesechos.fr
Nov 7, 2016ACQUISITIONHong Kong, South-East China, Singapore, Malaysia, Singapore$115.0M
Saint-Gobain to acquire E-Mix, regional leader in mortars and dry mixes in South-East Asia
Saint-Gobain acquirer E-Mix target news.europawire.eu

Loading…

YTL Cement to acquire 81.24% stake in NSL for MYR792M · Endata