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YTL Cement acquires a further 32.74% stake in Perak-Hanjoong Simen
farah@ytlcommunity.com - 5 November 2004 5:11:32 PM

YTL Cement Berhad (YTL Cement) has announced that it had entered into a sale and purchase agreement to acquire a further 32.74% stake in Perak-Hanjoong Simen Sdn Bhd (Perak-Hanjoong) for a total cash consideration of RM109.7 million (US$28.87 million) from Danaharta Managers Sdn Bhd. Upon completion of these acquisitions, Perak-Hanjoong will become a 64.84% subsidiary of YTL Cement and this will enable YTL Cement to consolidate the earnings and control the management and operations of Perak-Hanjoong. [more...]



YTL e-Solutions subsidiary to list on London Stock Exchange
azlan@ytlcommunity.com - 3 November 2004 5:20:29 PM

YTL e-Solutions Berhad (YTLe) has announced a proposal to list an incubatee on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). YTLe announced its proposal to list a UK-incorporated subsidiary to undertake its narrowcast advertising business. The UK vehicle will also acquire YTL Info Screen Sdn Bhd (YTLIS), YTLe’s wholly-owned subsidiary. [more...]



YTL companies announce book closure date for entitlement to dividends
vijayan@ytlcommunity.com - 28 October 2004 6:18:18 PM

YTL Corporation Bhd, YTL Power International Bhd, YTL Cement Bhd and YTL e-Solutions Bhd have announced a Book Closure date of 16 December 2004 for entitlement to receive dividends from the respective companies in respect of the financial year ended 30 June 2004. [more...]



Matriarch of Yeoh family passes away at 96
jotay@ytlesolutions.com - 13 October 2004 9:55:31 AM

The matriarch of the renowned Yeoh family, Madam Ng Kim Sik, passed away peacefully at the age of 96. She is survived by sons Yeoh Tiong Seng, Tan Sri Dato' Seri (Dr.) Yeoh Tiong Lay and Dr Peter Yeoh Tiong Yong, and daughters Yeoh Poh Choo, Yeoh Poo Yok and Yeoh Poh Lian. Among her well-known grandchildren are Tan Sri (Dr.) Francis Yeoh, who is the managing director of YTL Corp Bhd and his brothers Datuk Yeoh Seok Kian, Datuk Yeoh Seok Hong, Datuk Michael Yeoh and Datuk Mark Yeoh. As a mark of respect for the late Madam Ng, all YTL offices and sites will closed on Saturday, 16 October. [more...]



YTL Cement acquisition of Perak-Hanjoong Simen gets MITI go-ahead
chewbeesan@ytlesolutions.com - 7 October 2004 5:31:07 PM

The proposed acquisition by YTL Cement Berhad of 107,500,000 ordinary shares of RM1.00 each representing 32.10% equity interest in Perak-Hanjoong Simen Sdn Bhd from Doosan Heavy Industries & Construction Co. Ltd. for a cash consideration of RM75,250,000 ("Proposed Acquisition") has been approved by the Ministry of International Trade and Industry. [more...]


 
 
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