Malaysia: Singapore-based Hong Leong Asia subsidiary HL Cement Malaysia has acquired an 88% stake in Tasek Corporation. Hong Leong Asia subsidiary Ridge Star has acquired the remaining 12% minority stake. MarketLine News has reported the total value of the deal as US$19.4m.
HL Cement Malaysia and Ridge Star acquire Tasek Corporation
URL: https://globalcement.com/news/item/10851-hl-cement-malaysia-and-ridge-star-acquire-tasek-corporation
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