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Maroc Maroc - THESTAR.COM.MY - Business - 18/Nov 12:19

SCIB sells concrete subsidiary to YTL Cement for RM113mil

KUALA LUMPUR: Sarawak Consolidated Industries Bhd's (SCIB) wholly owned subsidiary, SCIB Holdings Sdn Bhd, has entered into a conditional share sale and purchase agreement (SSPA) with YTL Cement (Sarawak) Sdn Bhd, an indirect subsidiary of YTL Corp Bhd, for the proposed disposal of its entire 100% equity interest in SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113mil cash. Read full story

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